May 2010

Let's attack the question of hyperinflation using Zimbabwe and Weimar Germany as examples. These are the two most extreme cases of hyperinflation that economic historians have ever witnessed. They are instructive regarding what causes…

While Angela Merkel is off trying to sell the Greek aid package to German voters in the run-up to a crucial regional election in Germany, the markets have already voted on the 110 billion Euro EU/IMF deal: thumbs down. Win Thin of Brown…

Source Gulf Coast Oil Spill Puts Political Future of Offshore Drilling in Question - PBS

U.S. Car Sales Climbed 20% in April - WSJ.com UK manufacturing grows at fastest pace in 15 years - Telegraph Chinese Manufacturing Growth Slows, Survey Shows - Bloomberg.com Top 50 Business Books, ‘Animal Spirits’ to ‘What the Dog Saw’ -…

While Macro Man opted to present a po(p)etic styling on the ongoing hardship in Greece (or was that Grease?) today came with a couple of notable developments in the story and would seem to be honourable and real efforts to calm down…

Well, according to a popular urban legend, Spain’s unemployment rate - which is the second highest in the EU after Latvia - is currently running at something just a touch over 20%. Or is it? The unemployment problem I wish to address here…

The results are in from the poll on Greek sovereign bond default. To the question of "Will Greece default?" a plurality said "Yes, but they will stay in the euro-zone after a managed restructuring." Another 26% answered…

Check out nine-year old Sam talking about Wall Street pulling a reverse Robin Hood. That's either one smart or one well-rehearsed young man.

The April 2010 Manufacturing ISM Report On Business® showed across the board strength in US manufacturing. The index hit 60.5 percent, a 6 year high and well above the 50 percent demarcation line between recession and recovery. The…

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