It’s Definitely the Short-Sellers
This is ridiculous. Following yesterday’s post, there’s another front-page Guardian article about recent short-selling: “Lansdowne Partners, which also profited from
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It’s the Short-Sellers – Do the Math
I just turned on the TV to find the Money Programme is appropriately and coincidentally discussing the VW bear squeeze
Continue reading“Blame China!”, Cries Wolf
I’ve been thinking of posting about the inevitability of the current economic crisis for a little while now. I was
Continue readingDo Economists Understand Economics?
The Times’ Anatole Kaletsky was on stage at a conference I attended last week. I can report that his picture
Continue readingThe Purpose of Profits (Part 1)
An editorial in today’s Guardian is so incoherent that I find myself reluctantly putting down the analysis-free report to the
Continue readingUh oh
The reaction in the US to Paulson’s $700bn bailout plan has been quite incredible. Now I see in the NYT
Continue readingReflections on Reflections on Oil
My piece yesterday was never intended to be the finished article. My goal is to outline a solution to global
Continue readingReflections on Oil
I once visited an art installation which consisted of a pool of oil maybe 10m long by 5m wide at
Continue readingPricking the Oil Bubble?: Bush, Fannie and the Ayatollahs
It sure is tough trying to explain events in our complicated, modern world. Now that divine intervention is out of
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