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Will ECB Asset Purchases Work Like in the U.S. and U.K.?
By allowing the European Central Bank (ECB) to start buying debt issued by its member states, the Eurozone is copying a strategy now associated with the earlier return to...
Did the Swiss National Bank have a Choice?
Currency wars have been predicted for years. Outright monetary battles were last seen during the Great Depression of the 1930s, when governments competed to devalue their currencies to gain...
Does Maximizing Shareholder Wealth Accomplish Anything Else?
Modern capitalism has a massive structural flaw in one of the cornerstones of its existence. The corporations which form the predominant business structure and which are the main instrument...
Saving the Euro and Greece Should be Europe’s Top Priority
Greece is again making headlines, and markets are concerned the euro crisis is back. Actually, the crisis never left. It is just that for a little while both the...
U.K. Implications with $50 Oil
Predicting oil price movements is as risky as exploring for oil itself. The average price for crude fell 10.3% from the start of 2014 to the date of the...
CDS Sellers Could Benefit from Having Lender’s Rights
In 2009, US trucking company YRC Worldwide faced ruin as it struggled to restructure its debt. With tens of thousands of jobs at stake, the Teamsters union, led by...
Do Global Trade Deals Hinge on ‘fast-track’ Tactics?
With the resounding Republican victory in November’s midterm elections, most pundits are despairing that Congress and President Barack Obama will find any areas for cooperation in the coming two...
Online Shopping versus Brick and Mortar Retailers – Fight!
Department stores and other brick-and-mortar retailers registered another lackluster holiday shopping season, while online sales have remained upbeat since Cyber Monday. As more consumers spend a larger share of...
A Job-Killing Corporate Accounting Change?
A modest change in an accounting rule is normally too much inside baseball to attract notice. But a proposal by the institutions that set accounting standards for publicly traded...
They Make Wine in China? Why Yes, They Do
China’s wine industry has exploded in recent years, with the number of wineries more than doubling over the past decade, propelling the country past Australia to become the world’s...