Commentaries
By: John E. Charalambakis | On: June 28, 2010 |
Institutionalizing a Stable Instability
The G-20 meeting took place last Saturday. We think it’s an oxymoron that world leaders try to address in one-day conferences serious problems that took years to be created. The […]
By: John E. Charalambakis | On: June 25, 2010 |
On Alarm Clocks and Dreams: Are we on the Bus?
It’s a fact: Alarm clocks destroy dreams. Let’s destroy the alarm clocks. They wake us up from our dreams; interrupt our narcissistic visions of high flying markets and rosy paths […]
By: John E. Charalambakis | On: June 21, 2010 |
On the Verge of Major Monetary Changes
The recent announcement that the Chinese will allow their currency (RMB a.k.a. Yuan) to be more flexible against the greenback was welcomed by US and other monetary authorities. The RMB […]
By: John E. Charalambakis | On: June 16, 2010 |
Commentary on Spanish Upcoming Tremors and its European Implications
As we are drafting this commentary, we are hearing that the Spanish auction of 10-year notes went well. We choose to differ on the situation in Spain. Spanish banks have […]
By: John E. Charalambakis | On: July 1, 2010 |
Securitization, Credit Constraints, and the Chinese Dilemma
In our posting last week we pointed to the fact that while monetary reserves are rising, money supply is contracting due to the inability of banks to identify credit-worthy customers, […]