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Commentary & Opinion
The yield on the 10-year U.S. Treasury note is back up at 3.23 percent, hitting fresh multi-year highs. Bond yields – the amount they pay out to investors who hold them – move inversely to prices. So when bond prices decline, as...
October 8, 2018 One hundred years of ineptitudeSource: Asia Times
The global financial and economic crisis that began in 2008 was the greatest economic stress-test since the Great Depression, and the greatest challenge to social and political systems since World War II. It not only put...
The Foreign Secretary has warned the EU that it will stir Britain's “Dunkirk spirit” if it tries to force a bad Brexit deal on Prime Minister Theresa May.
September 19, 2018 Alibaba founder Jack Ma says the US-China trade war is 'going to be a mess' and could last 20 yearsSource: Yahoo Finance
The trade war between US and China could last 20 years and have a bigger impact than most people think, Jack Ma, the founder and executive chairman ofAlibaba, the largest e-commerce site in China, said.
September 18, 2018 Post op-ed: Wall Street never learned its lessonSource: Concord Monitor
The great irony of the 2008 financial collapse is that Wall Street, whose reckless risk-taking drove the financial system over the precipice, suffered very few, if any, consequences for its actions.
September 17, 2018 Commentary: What Made The Financial Crisis Go From Bad To Disaster?Source: Forbes
Even before Lehman Brothers failed ten years ago this weekend, the financial crisis was bad. But it was the failure of Lehman Brothers that tipped a bad situation into an absolute disaster, and brought the global financial system...
September 14, 2018 Warren Buffet Calls Lehman Brothers Failing An Economic Pearl Harbor (HBO)Source: Vice News/YouTube
When Lehman Brothers declared bankruptcy ten years ago on Friday, the question on everyone’s minds was simple: “Who’s next?
September 5, 2018 COMMENTARY: Fracking As The Next Financial Meltdown (Or Not)Source: Forbes
Shale fracking carries a political odor all its own, just as food whose genes were modified by primitive people is more acceptable that food modified—gasp—by scientists. As an example, the Massachusetts Sierra Club opposes gas...
August 31, 2018 Opinion: Suddenly I understand how the Reformation happenedSource: Oregon Live - MARC A. THIESSEN
Reading the stunning letter from Archbishop Carlo Maria Vigano...is both heartbreaking and enraging. If Vigano is right, it means the corruption in the Catholic Church has reached not just the highest levels of Roman Curia but...
August 31, 2018 How will Guyana deal with its oil windfall?Source: CNN Money
ExxonMobil found oil off Guyana's coast in 2015, and believes the reserves are big. Conservative estimates project to about 4 billion barrels. Some experts think there's more to be found in the country's 6.6 million-acre...
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