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Monthly Archives: November 2010
Bundesbank Special Ops Group (Deutsche Mark Reappears?)
It makes sense that there is a secret group within the Deutsche Bundesbank working on a plan to resurrect the Deutsche Mark. It would be a gross failure of national risk management if they did not have a plan. Call … Continue reading
Why QE2 Won’t Work
QE2 does not address the fundamental issues that the U.S. economy faces. It is preposterous to think that reducing medium term interest rates by 25-50 basis points is going to lead to a significant increase in GDP and a reduction in unemployment.
Continue reading