As each day passes, and I watch and read about events in Europe, I grow increasingly frustrated. The Eurozone as it exists today is doomed, and if it isn’t soon dismantled, it risks derailing the worldwide now underway. Watching the Greek parliament pass an austerity bill for me was analogous to watching the [...]

Filed under: NewOak Blog by Vincent Truglia

I normally wouldn’t call for the US Government to intervene in foreign exchange markets, but I think we are posed with a difficult and unusual problem. Also, I don’t mean simple swap lines, but rather an increase in US international reserves is required. My personal view, as I have expressed on a number [...]

Filed under: NewOak Blog by Vincent Truglia