Zero Bound Trend

Why Germany will Subsidise Greece to Stay in the Eurozone

2010-06-14T15:02:00.000-07:00

There has been much speculation over the last several weeks that the eurozone might break apart and that Germany might return to the D-Mark. The news media and many analysts feed this rumor, saying that Germany is tired of paying for Greece (and probably for the rest of Europe) and might decide to stray away from the pack.These theories, while to some extent have some credence, fail to take into

Greece needs a crash course in capitalism 101

2010-05-20T14:41:00.000-07:00

The Sicilian Expedition was conducted by Athens from 415 BC to 413 BC during the Peloponnesian War. The two main figures of this story were Alcibiades and Nicias. Alcibiades was the main proponent for the expedition and Nicias was totally against it.Nicias argued that Athens would be off better served if it conserved troops, money and resources for the war with Sparta that was still ongoing. And

Baltic Dry index

2009-06-03T12:26:00.000-07:00

Another sign that the real global economy is returning to normal is the rise in transportation rates.

Change in direction for the dollar

2009-05-31T12:36:00.000-07:00

The trend has changed and the dollar is now in a downward slope compared to the euro. For the first time since the dollars upward move, we now have the euro hitting higher highs and higher lows.