The Great Bailout of Germany
It has been almost three years now since the rumors started that something was rotten with the Greek public finances. Excesses have been documented. Wasteful expenditures, inefficiencies, and corrupt practices have also been documented and dominated the news. There is...On Risk Premiums, Earnings Growth Potential, and Monetization Routes: Diminishing Returns and the Liquidity Tree
Over the last few weeks, we have argued that we are entering a watershed moment in economic and financial history, when significant decisions have to be made, since kicking the can down the road has its limits. The risks associated with those decisions are not...European Disintegration and the Mystery of Institutional Hangover: Living in the Times of Capital Flight
There are good chances that the EU – as we know it – may be headed towards its last tango, made in Berlin. It seems that the EU has lost its innocent anonymity and is disillusioned to the point of not just encouraging capital misallocation but rather losing its...On the Road to Damascus: Amplifying Spillover and Applying Sick Prescriptions to Dying Markets
It seems that the regime in Syria is going through its last phase. The emerging civil war may wrap up the first phase of the face-lift in the Middle East. Almost 2000 years ago, on the road to Damascus someone else set the foundations that changed the face of history....Sign Up for Our Publications
