I wanted to write something after being lucky enough to spend time in Greece over the last 10 days. Several people have got in touch to …
Financial Crisis, Global Situation
Grexit – Seize the Opportunity
A Grexit might never happen, but it could also be just days away. If a Grexit does happen, is it all doom and gloom, or is there a glimmer …
Greeks should find the nerve to outlaw fractional reserve banking
Greece must avoid replacing one myth with another - that returning to the drachma will be a panacea. If and when the drachma returns it will …
Today Greece, tomorrow the world
Greece has been living beyond its means, having borrowed too much during the easy times. Its underlying economy is too weak to support …
Charges against Icelandic banks for money counterfeiting
The Homes Association of Iceland, announced the filing of a charge to local police against all executives of all banks in Iceland: The …
Deflation, Wages, and Productivity: Connecting the Dots
For the first time in half a century, the UK has officially entered deflation. But wait; is that a good thing or a bad thing? Why is there …
Defl-Asian: The biggest threat to Asian economies & global financial stability?
Prices are dropping quickly across the board in Asia, productivity is declining, private debt is soaring, growth is slowing, and the …
Can money be a force for good?
There is more money in the world than at any other point in human history, so why doesn’t it reach the places that need it most?, asks Fran …
What are Economists Saying About Iceland’s Sovereign Money Proposal?
A study recently commissioned by the Icelandic prime minister, Sigmundur Gunnlaugsson, and written by Frosti Sigurjonsson, displays an …