Founder of Credit Writedowns. Producer of BOOM BUST. Multilingual tweets on finance, technology, civil liberties, politics and sports. Links ≠ endorsement.
Obama, Cameron, and Thorning-Schmidt's selfie at Mandela's funeral: Michelle Obama is not amused!
Oh boy, I've really put my foot in my mouth this time.
The Greek ASE has more than doubled in the last twelve months after bottoming at 471
Here's the chart: The Nikkei 225 is up almost 70% in exactly six months of Abenomics.
The Reuters George Soros Obit has made it into the Google cache where it lives on!
A leaked picture of the new Samsung Galaxy Super Mega? It's better than the Mega!
If you notice, Putin is giving this protester calling him a dictator a two thumbs up sign. Merkel is horrified
This Cyprus thing has me thinking of this scene in Scarface ALL the time. "You too, Mel."
This is what Germany's fiscal picture looked like for the past 18 years.
Cyprus fulfilled the Maastricht criteria pre-crisis and never had a public debt problem until now
Germany's debt to GDP has been rising almost since the euro began http://ow.ly/jkjhw
Ireland cut debt a lot in the run-up to the euro in 1999. Govt debt to GDP was 48.5% then. Now it is over 106%
Bank of Cyprus, Laiki and the Cooperative institutions have 67% share of the Cypriot banking market
As seen at the ATM cash point in Cyprus today
This graphic from Jeffrey Gundlach is telling me it is highly contestable whether QE "leads to" lower long rates
Good infographic from Reuters and @scottybarber on the level of periphery bank deposits relative to 2009
Like Spain and Ireland, Cyprus met the 60% Maastricht hurdle before the crisis, while Germany did not.
Herman Van Rompuy and friends with the Peace Prize. So what do you think: do they deserve it now?
Japan's domestic private balance is the mirror image of the government balance minus current account. Familiar?
This is what I expect to happen with the US budget. It won't look this pretty though.
©2016 Twitpic Inc, All Rights Reserved