Nationalize the banks III
And yet another reason to nationalize the banks. Too bad we can’t just abolish them. They’ve done just about everything wrong, their top management has enriched itself beyond imagination, and […]
Here’s one way to invest: fast trains
The search is on for big public projects that combine immediate macro-economic benefits (jobs, boosting spending) with long-term public returns. Fast rail links offer one benefit.
The Swedish example
We argued for the nationalization of banks. Here is a real life example that shows the advantages over the present muddle..
Nationalize the banks II
We wrote last week that it would probably be best to nationalize the banks. We have some additional arguments..
Banks and free markets
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 […]
Nationalize the banks!
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.
InterOil: Ross Smith bites the dust
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 […]
Is it really that bad?
Perhaps not. Some arguments against the current gloom..
InterOil, it keeps getting better.
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. […]
Why inflation is not a problem, even when the economy finally recovers
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. […]