Some anecdotal evidence first… I recently corresponded with a friend in Europe who consults to a number of hedge funds managing predominantly European and British money. He mentioned that across the board his clients are increasingly concerned about equities and are seeking to hold more cash. I asked him if there was a fear of [...]
The Financial System is Completely Corrupt and Broken. Buy this ETF!
Why I Bought my Son a Second-Hand Piece of Furniture
It’s easy to consume. Flick on the TV and you’ll find no end to the plethora of items that you could spend your money on. Shopping is a national sport in most Western nations, and with the wonders of the Internet people don’t even have to get up off their juicy junk-food-fed rumps to participate. [...]
Extend and Pretend
This post started out life as a rant on the debt situation and the current state of our political and economic system. However, as I often do, I found myself hitting the delete key more and more as I slogged through trying to puke up coherent thoughts on digital paper. My rant, while it made [...]
Ugly, Uglier and Ugliest
I’m a bit rushed today. Airports, taxis, meetings… As such, if this post appears rushed that’s because it is being typed while trying to ignore the woman on my right, who won’t shut up about her “lovely new condo she’s purchased which EVERYONE should see.” Note to self… freaking insane! If for some reason I [...]
The Decline of the Euro – Or Not…?
The hits just keep on coming for the Euro. This week, Ireland’s debt was downgraded by Standard & Poors. This follows an earlier downgrade by Moody’s. We’ve been saying for years that the Euro, at least in its current configuration, is doomed. Since the day it was launched, January 1, 1999 the single currency has [...]




