Category: Politics & economics

current state of the world, economic theory

War games while the empty rhetoric continues

Hezbollah The parallels with Kennedy are eyebrow raising: US President Barack Obama has said the world must tackle stark challenges, and the US cannot face them alone. In his first speech to the UN General Assembly, he said global problems…

Corruption and the pandemic of disillusionment

It’s possible you won’t be able to see this youtube on your site because even at it’s smallest width, it might be too wide. If so, click here to view it. Karl Denninger [Market Ticker] is a very angry man…

Cayman Islands – hedge your bets

Hedging over the Cayman Islands Karl Denninger today: Senior officials of Credit Suisse, Switzerland’s second largest bank, are facing claims that they pocketed millions of dollars by dishing out loans that were impossible to repay. Impossible to repay? What’s the…