The Periphery of the Eurozone Should Redenominate this Weekend

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 [...]

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BRIC ET AL: Are They the Wave of the Future?

There has been a lot of talk recently about Brazil, Russia, India and China (BRIC for short) and the G-7. Some argue BRIC will overtake the G-7 by the end of the next decade. There is a reason I added an “et al” to the title. What we are really talking about [...]

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