Broad Oak Magazine

The above chart from here (htp: Global Perspectives ) is another of those attempts to perceive underlying order in the apparently random mo...

What's been powering the market? Max Keiser recently opined that the rich have been moving their wealth out of the USA since 9/11, Jesse...

Michael Panzner's prescient book "Financial Armageddon" listed four major threats to the economy: debt, retirement and health...

... sang Creedence Clearwater Revival. And as Panzner points out , inequality and growing poverty are factors that destabilise society. He ...

Paul B. Farrell argues - plausibly - that we're in a life-or-death struggle with the financial elite, and they will "win", unt...

Michael Panzner reminds us that he predicted hyperinflation to follow after deflation, and quoting Edward Chancellor's recent article, t...

Htp: Michael Panzer, for this : They are taking cash out of the bank in preparation for a long-haul bad time. A friend in Florida told me t...

Some salient points in Michael's answers: The crisis could continue for another decade; investors will have to tread carefully and consi...

The previous post is a summary of Brad Setser's views on China and the dollar. What with the oil price coming down and the trade deficit...

The stock market is experiencing a snap-back rally, similar to what we saw in 1930, after the Crash of 1929. You don't look that old. Hi...

It's not just the banks that are short of money. Many US States and local authorities are also suffering financial problems, and this is...

As you know, I've been doing my own extrapolations recently , based on the Dow since 1928, and the implication is that the low point cou...

Denninger's question: With the $7 trillion dollars we have committed we could have literally given every homeowner with a mortgage a fif...

I said on Friday , "I think 2008 will be seen in retrospect as the year that the global balance of power underwent a sudden tectonic sh...

Michael Panzner has unearthed a couple of good items explaining how the assumptions of classical economics are plain wrong - we are not rat...

Michael Panzner introduces the topic with an entry from the Economist blog - and look at the comments.

A hedge fund manager (Andrew Lahde) says farewell to the industry (extracts): Recently, on the front page of Section C of the Wall Street J...

Read Michael Panzner here. Reminds me of when Jimmy Goldsmith sold all his holdings on the Paris Bourse in the Summer of 1987, and recently ...

Thanks to Michael Panzner at Financial Armageddon , we can read for free an interview with 70-year-old money manager Jeremy Grantham. Granth...

Brad Setser looks at a flood of demand for US Treasuries and suspects that it's central banks shifting into the securest dollar asset th...