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Still too big to fail and only getting bigger

One of the problems exposed by the financial crisis of 2008 was that certain firms had become so large and interconnected with one another that they were deemed too big to fail. Because of this the government decided to use taxpayer money, in combination with the creation of new money by the Federal Reserve, to bailout several large ...

2012-DEC-13 · Chris Marcus

Green shoots of a US recovery?

There is growing hope in some quarters that economic recovery is at last under way in the USA. Is this just an election-inspired pick-up in sentiment, now rapidly vanishing, or do we take it more seriously; and if it really is recovery, what are the inflationary consequences? Some observers point to house prices, which show signs of ...

2012-NOV-11 · Alasdair Macleod

Real estate priced in gold

Throughout history many fortunes have been made and lost in real estate. Luck has of course played a part in these outcomes, but the main reason for changing fortunes is the decisions that were made, whether good or bad. Often the bad decisions were made because of the misunderstanding of some basic elements needed to choose real estate ...

2012-NOV-10 · James Turk


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