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Well, it's not like they haven't dropped fast and hard before and yet here we are today, no? As to the concern, see my post(s) above...

Noooooo!!! I am not that shameless of a plugger... And yes, it's a compliment indeed, but I can only aspire to be a fraction as good as filthy. I am just a fan of his stuff, is all.

Oh no, not again... This is all so wrong, IMHO.

I would recommend, as I always do, Euan Sinclair's books, both of them. They're my favourite by far.

Thank God for that :)

Well, in terms of insolvency vs liquidity, I would agree that it applies to Spain, but Italy is a bit different. To paraphrase a famous writer: "Happy sovereigns are all alike; every unhappy sovereign is unhappy in its own way". At any rate, it's reasonably clear to me that the peripheral...

1) Not really. The mkt punishes Italian banks because of the Italian sovereign and the expectation of potential deposit flight. 2) 5y Italy sov CDS: http://www.bloomberg.com/apps/quote?ticker=CITLY1U5:IND 10y BTPS yield: http://www.bloomberg.com/apps/quote?ticker=GBTPGR10:IND Pls note...

I have started to get something together... First, a couple of charts, more later.

Sure... So the basic principle is rather simple. It ain't rocket engineering, that's for sure. Suppose we start with a time series that we believe exhibits some mean-reversion properties. Also, let's say that, in your latest observation, you establish that the model residual is, say, n...

+1

Nice links, bearice... You seem to have conducted really thorough research. Must have been hard to visit all these sites to locate the videos you were looking for. You're a very dedicated man! I applaud your commitment!

Huh? Are you having trouble with basic logic, mate? Let me reiterate what I have been saying all along. The original article states: "For, from Greece to Ireland to Portugal to Italy, from California to Wisconsin to New Jersey to New York, the crisis of the West is a crisis of liberalism."...

Well, it's not about the rules. The plan, as it has been set out, generally authorizes the EFSF to do a lot of things (e.g. bank recapitalizations, etc) and that part of it is certainly positive. Moreover, the ECB has signaled that they're gonna play ball. So, like many things that have been...

Well, you're tired, I'm tired, we're all tired. And you're incorrect, I do get the whole oppressive taxation thing. But, as I have said before, you keep pointing to this single metric again and again and you think somehow that it's all encompassing and most significant. I disagree; it appears...

He's baaaack...

Well, listen, mate, if you don't wanna address my specific points and just offer generalities, it's OK. I believe I have responded precisely to what you have said. Moreover, I have asked you a few times to confirm whether I have understood you correctly. In response, you keep saying the same...

As I keep saying, it's not about Norwegian oil. We're talking about Scandinavia and neither Denmark, nor Sweden have anything special in the way of natural resources. As to socialism, let me talk about my favorite regions, with which I am somewhat familiar. I am not really sure what your...

I don't know why, to be honest... I think I'll stop. I don't really see myself as either a flaming liberal or a flaming conservative. My two favorite places in the world are Scandinavia and Singapore and it's hard to imagine two cultures that could possibly be more different. Still, as far...

No, it's very far from over, even for now...

Well, if you put it that way, I guess it could be plausible. So I decided to do a wee calculation... According to the US Census (2000 data), the proportion of the US population that's aged 0 - 14 and 75+ is about 25.75%. Using that percentage and the current total, we can exclude arnd...