Buy banking stocks? Not yet.
A sound take on the bail-out plan and some very sound advice for investors. If you think now is the time to invest in banking stocks because of the recapitalization […]
Gordon Brown’s plan is working, confidence is returning
This really is good news. We were due for some. Gordon Brown, prime minister of the UK, architected a three pronged approach to the financial crisis. Europe followed pretty fast, […]
About time. Prevention is better than treatment
We ran a series a couple of months ago comparing the stance of some of the biggest central banks in the world, the Fed (US), the ECB (European Central Bank), […]
The Zimbabwe solution
It’s what Irving Fisher proposed in the 1930s. It’s what Krugman proposed for Japan in the 1990s. In the latter case, that’s what the authorities (finally) did, and it worked. […]
Credit market thaw, but is it enough?
Isn’t it one thing, then it’s another. Just as many people thought that finally the authorities were doing the right thing, which they did (after wasting much time), we got […]
What’s next?
Rising to the occasion, it doesn’t happen often, but some politicians do while most others have fallen by the wayside, reacting haphazerdly and being totally overwhelmed and ruled by events. […]
How about this for a market based solution!
The US government, after much dithering and wasting much time, finally comes up with the right solutions (although perhaps not in sufficient quantity, the jury is still out on that), […]
Europe leads, with $2 trillion..
Not only do they take the right measures, They do it with quantities unmatched across the pond. We remarked earlier, it doesn’t happen often when Europe takes the lead in […]
The early signs are encouraging
We told you saving the financial system from disaster isn’t necessarily rocket science. Plans in Europe are being implemented mostly according to the UK way, which is the right way. […]
Those frozen money markets
If you wanted to know a bit more about the mechanics of those frozen money markets, there are worse places to start but here. The article also explains the problems […]