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How big is Greece's debt? The Telegraph Video Desk put it into understandable terms in this 60 second explainer...
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If fundamentals like profits and sales no longer matter, then all that's left is faith that central banks will never let stock markets fall ever again.
Is this the chart of a healthy stock market?  The consensus view is either 1) yes, by definition, because charts don't matter because the central banks will never let markets fall ever again,...
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In This Issue.

* No news from Eurozone/Greece. * Euro leads currencies higher VS dollar. * A treat from "the 5". * Kiwi rally to be short-lived?

And Now. Today's A Pfennig For Your Thoughts.

Greece Pays Early. Or Did They Really Pay At All?

Good day.. And a Tom Terrific Tuesday to you! Well, looky there! The NFL decided to suspend Quarterback, Tom...

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The Economist’s Racist Headline Must be Retracted Immediately

By William K. Black Quito: May 10, 2015

It took exactly one day for the Tory election victory in the UK to produce the confidence among the Conservatives only remaining media organ with even a semblance of journalistic professionalism to reveal its true racism against the...

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Britain overtakes France both in terms of purchasing power parity and at market exchange rates, say NIESR...
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Collaboration, innovation and risk are all intrinsic to adaptation. Without adaptation, every system eventually perishes once conditions change.
One feature of capitalism that is rarely discussed is the premium placed on cooperation and collaboration.  The Darwinian aspect of competition is widely accepted (and rued) as capitalism’s...
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In This Issue.

* Dollar rebounds on first day after April. * Greece appears to have blinked first. * U.K. election this week, so far it's a toss up * Zero Hedge points out manipulation.

And Now. Today's A Pfennig For Your Thoughts.

Is The IMF Greasing The Tracks?

Good day.. And a Marvelous Monday to you! May the Fourth be with you. HA!  Whew! I'm...

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The economy contracted in the first quarter once inventories are stripped out. 'It is hard to put lipstick on that pig,' said UniCredit....
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The entire economic and political structure is now dependent in one way or another on the continued expansion of financial markets.
The financial markets don't just dominate the economy--they now control everything.  In 1999, the BBC broadcast a 4-part documentary by Adam Curtis,  The Mayfair Set  (  Episode 1: "Who Pays Wins" &...
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