Blog/Sovereign Debt Crisis

Mario Draghi Backs Down on Greece

We are really plagued by people in government who are totally clueless on how markets trade. They have been arrogant in assuming they do not need Greece and if they [...]

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Distinguishing the Three Flavors of the Debt Crisis

Not all debt has the same economic effect, for like ice cream, there are at least three basic flavors: If someone borrows to create a business, this is the most [...]

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EU Looking at Consolidating All Member Debt – Is It Too Late?

The European Union (EU) is now looking at consolidating all member debt, which is what they should have done from the start. The question remains – Is it too late [...]

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The Greek Nightmare

QUESTION: Marty, With the default of Greece and their exit from the Euro, what is likely to happen to the debt and what rate would you expect the drachma to be [...]

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2015.75 = The Crash in Government

To set the record ABSOLUTELY straight, the “C R A S H” we see on the horizon is by NO MEANS the private sector and the stock market. It seems just [...]

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Abolishing Cash – New Age of Economic Totalitarianism

Europe is moving full speed ahead to eliminate all cash. Instead of reforming and tackling the economic problems, government always seeks to maintain the same [...]

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So What Can We Do?

This Sovereign Debt Crisis is the nature of the beast we face. Understanding that crisis is half the battle, for after the business cycle turns, there will be a lot [...]

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Creating the Bond Bubble – Role of the Stock Market

All over the place they are touting that the stock market will crash and burn. Indeed, when you say there is a coming crash, everyone immediately assumes that means [...]

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The Debt Crisis in Europe That Can’t Wait

There is little doubt that people are now calling for a debt crisis in European sovereign debt. When we began warning that this crisis would arrive by 2015 before [...]

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Negative Interest Rates = Tax on Savings

The current trend in Europe towards negative interest rates amounts to taxing whatever cash you have left after paying 50% in taxes. The bond auctions are starting [...]

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