The biggest systemic risk to markets right now. Will it be the pin to pop the “everything bubble?” The yen carry trade has long been the financial world’s favorite magic trick: borrow yen at 0%, sell it for dollars, then plow the proceeds into whatever shiny thing is booming that month: U.S. tech stocks, crypto, […]
The biggest objection to voting for a Third Party is the “wasted vote” argument — the idea that if you vote for someone who will not win, then the vote does not count. Join any third party and merely suggest that another person consider voting for a third party candidate and you will hear, ad […]
There perhaps is no more apt analogy for our current financial crisis than the USS Titanic. Mr Ismay with his fateful line “when can we get underway, dammit!” embodies current American sentiments like “we can’t let this crisis slow us down,” “how can we fix this?” and “the USA’s banking system is just too robust […]
