The upside to Negative Equity? Sometimes I write articles that are inflammatory, today’s is of that ilk, I want to point out some of the upsides to Negative Equity. T... Continue reading
The Fallout and the Bailout. I feel like I keep repeating myself, the crisis is related to property and leverage. Unlike the tech bubble the issues caused by proper... Continue reading
Finance returns to the year 1400 I didn’t think in the year 2000 that towards the end of the first decade we would see the financial world turning to the things that we... Continue reading
I (almost) feel sorry for the banks. Making sense of the credit crunch If we are to look at where the subprime crisis came from and where it seems to be going (which is bulls-eye straight into a recession) ... Continue reading
The ECB won’t cut rates? A central bank doing exactly what it should. The Fed is still trying to bail out the US economy, there must be a fundamental belief there that a recession is the worst thing in the... Continue reading
With stocks going down and gold rising fast is it a ‘golden’ opportunity to buy gold? Gold recently surpassed the $1,000 per ounce mark which was (in the past) a kind of financial landmark that would be mentioned along wi... Continue reading
Bear Stearns feels the bear, when in doubt ‘bailout’ Bear Stearns is toast. They have gotten money from the Fed (via) also JP Morgan Chase (who took them over), sorry, I meant 'bailed them... Continue reading
Missed mortgage payment? bad debt? How a bad debt caused a crisis That’s whats behind the worldwide sub-prime crisis, millions of people missing payments, albeit on loans that may have been mis-advised... Continue reading
Oil Hostages & European oil dependence Oil prices are at record highs, not record highs for the last year or decade, but ever. And what we are starting to see now is a realis... Continue reading
New Iranian Oil bourse, it might just get them bombed. When it comes to Uncle Sam and oil you simply don’t mess around. I don’t mean that in a frivolous way either, playing about with Oil su... Continue reading