O ΣΙΣΥΦΟΣ, ΟΙ ΑΓΟΡΕΣ, ΚΑΙ ΟΙ ΙΣΟΤΙΜΙΕΣ
Ο μύθος του Σίσυφου πρωτοειπώθηκε από τον Όμηρο. Καταδικάστηκε από τους θεούς να κυλά ένα βράχο στην κορυφή ενός βουνού. Η μοίρα της πέτρας ήταν να κατρακυλά πίσω στη βάση του βουνού, και ο Σίσυφος έπρεπε νε ξαναρχίσει πάλι την προσπάθεια από την αρχή. Όταν διαβάζει...Brand Name Icarus: Lessons Learned?
Today China decided to raise its lending and deposit rates. How could we interpret such a move? In the near future we will draft a commentary on Icarus, but let us recall quickly his story. His father Daedalus prepared him wings to fly, warning him not to fly too...A Sishyphonian Symphony: Currencies, Fiat Money, Hard Asssets, and the Puzzle of the Sphinx
Have you seen him lately? He is still rolling that stone up to the hill. He is my good friend, Sisyphus. He was condemned to roll the stone up the hill and as he is approaching the summit, the rock will go down the plain again. So, as I am drafting this, I am...Here we go again.
The second phase of the global economic crisis (fiscal and consequently sovereign debt) is rearing its ugly head again. News broke on Friday that the government of Ireland would stand behind Anglo Irish Bank with liquidity injections. The bailout of this...Paradise Lost: A Contrarian View Based on Our Most Recent Calls
“The world was all before them where to choose their place of rest and Providence their guide. They hand in hand with wandering steps and slow through Eden took, their solitaire way.” John Milton, Book XII (that’s how the poem ends) In the most recent...Sign Up for Our Publications
