Are we approaching the endgame for the euro?

By invitation of Smart taxes Marshall Auerback is coming to Dublin to speak at a public event on Friday the 23rd of September in Buswells Hotel. Be sure to put the date in your diary and watch this site for more info. He says " Rather than attempting to stave off a double-dip recession by easing fiscal and monetary policy, the European Central Bank (ECB) has gone careening off in the opposite direction." [...]

Michael Hudson on Rating Agencies

Michael Hudson is always worth the time to read.  In this piece in New Economic Perspectives he eviscerates the rating agencies.  Here are his concluding remarks.. …No less a financial publication than the Wall Street Journal has come to the conclusion that “in a perfect world, S&P wouldn’t exist. And neither would its rivals Moody’s [...]