Let them Eat Paper- Qu’ils mangent de papier

Mar 02, 2010

“Qu’ils mangent de la brioche” or “Let them eat cake” has become a phrase used to denote the obliviousness and selfishness of the ruling establishment. Well, with a slight twist it’s apropos in the case of paper debt-backed paper...

Over-Arching Sovereign Debt Crisis

Feb 23, 2010

Neither the US financial press nor the US bank leaders take the sovereign debt crisis seriously. Even the USCongress seems totally unaware of the growing global intolerance for government debt out of control. The issue is rollover of short-term...

Red Alert: Next Debt Crisis is Near

Feb 17, 2010

...In a debt crisis, Washington, Wall Street and European governments still seem to think that the only way to “restore investor confidence” is to pump in massive amounts of rescue capital, bail out the sinking ships, and plug the...

Complete Crisis Coordination

Feb 17, 2010

The debt ripples will end in the AngloSphere also, with a US$-centric global monetary crisis and their own sovereign debt defaults. Monetization of USGovt debt will soon be isolated, in full view, and serve as the focal point of...