Free Cash at Your Door

It is hard to believe that driving down the street and see a sign of the gas station that reads “Unleaded $ 2. 15! You read that right. If we are paying $ 4. 75 not long ago? How is this possible? It is possible because a barrel of oil that once cost $ 147, [...]

What humiliation and Greece, a member of the euro area, plans to appeal to the IMF as Belarus, Ukraine, El Salvador, Mali, Mauritania, Romania and many others. Even Iceland is neither a member of the European Union or the euro zone, has not fallen so low. Germany has refused to assume its responsibilities and its [...]

We have an agreement. This is clearly a political compromise in a situation that was untenable. This agreement provides for both interventions of the IMF and bilateral funding by member countries of the eurozone. More effectively, the European Central Bank has decided to change its criteria for pledges to fulfill its will to board the [...]

The bankruptcy of Lehman Brothers has been much ink and many commentaries think that the U.S. Government has committed a grave error in not saving Lehman not. While acknowledging the tragic consequences of this failure, I want to join issue with this assertion. Firstly, the British Government which has prevented Barclays to buy Lehman Brothers [...]

We cannot say that the European authorities have not been warned. For six months during which the Greek saga, not a coin, one euro has not yet been sent to Greece from the countries of the Eurozone. And the fact that Greece has appealed to the Europe-IMF delegation that since two weeks demonstrated the environ [...]