Monthly Archives: September 2011

Financial TV is Financial Porn

by Satyajit Das September 12, 2011 Financial TV is pornography—sleazy, intrusive, seeking to titillate, and shock. During a crisis, these programs can be compulsive. Once, pornographic scripts had a passing interest in improbable plot and implausible dialogue. In the Coen … Continue reading

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Whither the Euro and the Eurozone?

by Nouriel Roubini The current “muddle through” approach to the eurozone (EZ) crisis is not a stable disequilibrium; rather, it is an unstable disequilibrium. Either the member states move from this disequilibrium toward a broader fiscal, economic and political union … Continue reading

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