greece

Greece is on the verge of settling the repayment of its bailout loans from the International Monetary Fund, European banks and other creditors.

No single party or pre-election coalition received enough votes to enter parliament with a majority coalition, in the just concluded Italian general election.

One day, perhaps, the northern people of Europe will be able to enter into a partnership with the southern people. But, until they come to appreciate each other, they should have an affair instead of a marriage.

As we witness thousands of Americans attending Bernie Sanders rallies, knowing Sanders identifies himself as a Socialist and promises to govern from that position, it is time for all of us to understand the significance of that and consider what is happening to our Country.

Quite remarkably, for the second time in a week, The New York Times has shown some economic sense. Let me repeat that, with some emphasis added: For the second time in a week, The New York Times has shown some economic sense.

For months, now, the mass media and the financial markets have anxiously watched and waited to see the outcome of a war of words, accusations, and threats that have been fought between Greece and its Eurozone and European Union partners.

EDITOR’S NOTE: Emily Zanotti also contributed to this blog post. On June 30th, Greece became the first nation in the European Union to default on payments to the International Monetary…

“Gold is money. Everything else is credit.” — John Pierpont Morgan

A general optimism prevails in the United States and Europe that the economies have finally turned the corner and growth is resuming. Don’t get too excited.

(First published at Forbes.com.) President Obama has led America into an accelerating downward spiral.  Destination: Argentina.  Last Friday’s calamitous jobs report was just a signpost on the way. Argentina enjoyed the world’s fourth highest per capita…