The Elephant Bar

Fears of 'Lehman-style' tsunami as crisis hits Spain and Portugal The Greek debt crisis has spread to Spain and Portugal in a danger...

The global bond markets are beyond the ability of any one government to control for more than a short period of time. That period is rapidly...

The Barack Obama vision of a more social-democratic country was conceived almost without reference to the greatest economic catastrophe to h...

Trust me folks, we do not want this to happen for many reasons. The best way to stop it is to achieve a balance of trade. That need not be d...

Why is Bernanke only using words to help stabilize the dollar? Because he does not have the currency to do it. The Treasury has somehwere ar...