Sweden

Update Mar 2009: There is a pernicious little piece of historical revisionism going around that the Lehman bankuptcy did not matter. I am reposting this as a retort. Note the piece by James Suriowiecki which induced me to re-post: In…

This weekend I am at my wife's family reunion so I haven't have a lot of time for blogging. But, I caught an interesting article in Swedish daily Dagens Nyheter, which cites an IMF study which claims that property values in Sweden are…

Late last month, I made a big to-do about the Baltics becoming the next Argentina. Well, part of that mess is unraveling as we speak. Estonia is in recession and Latvia is headed for recession.Read my translation of a Dagens Nyheter article…

Yesterday I pointed out that today's global banking crisis has some historical precedents worthy of comparison. In particular, I looked at the Japanese bailout schemes from their housing bubble to see if there was anything there to learn.…

For those of you who actually care about anything international, there is an Emerging Markets crisis brewing right now in the Baltics. After reading posts from Alpha Sources, naked capitalism, Market Movers, and Bronte Capital on the…

Food Price Inflation Changes How We Shop - Chicago Tribune (3/31/2008)Fed eyes Nordic-style nationalisation of U.S. banks - UK Telegraph (4/1/2008)UBS writes off $19 billion - Yahoo! News (4/1/2008)Deutsche Bank Expects $4B Subprime Hit -…