You might not have noticed, but in general, we’re supporters of free markets. However, we blamed at least part of the crisis on a rigid free market ideology, leading to badly regulated markets in the sector that can least afford it, the financial sector. There are a couple of other interesting examples.
Entries from January 2009
January 23rd, 2009 · Comments Off on Banks and free markets
January 21st, 2009 · 3 Comments
No, we’re not socialists. But it seems the only way. And in the future, they can be returned to the private sector, perhaps even for a handy profit.
Tags: Credit Crisis
January 16th, 2009 · 11 Comments
A third (as far as we know) Ross Smith (RS) report appeared this week on InterOil (dated Jan 15 2009). For those not in the know, Ross Smith used to write the short thesis. Their elusive reports (we tried for a long time to get our hands on them in vain), in all likelihood paid […]
January 14th, 2009 · Comments Off on Is it really that bad?
Perhaps not. Some arguments against the current gloom..
Tags: The Markets
January 13th, 2009 · 6 Comments
In our last installments we reported that, realistically, the risk that InterOil wouldn’t have enough gas for an LNG facility had all but disappeared. But the news is getting better. A lot better…
January 13th, 2009 · 3 Comments
Some critics of stiumulus plans on the drawing board argue that all this extra money creation will drive inflation to unprecedented highs in the future, and will sink the dollar. This is misguided, especially on the first count. Inflation isn’t a problem, at all.
January 2nd, 2009 · 6 Comments
Some things are worth waiting for..