Oopsie
Iran’s international trade has grown dramatically since the imposition of US sanctions against Iran in 1987.
Politics in the Zeros
"A republic, if you can keep it." Vegas, taxes.
Politics in the Zeros
"A republic, if you can keep it." Vegas, taxes.
Month January 2008
Five simple steps to becoming a billionaire: The Greenspan Method
From LongorShortCapital, the de-saintifying of Alan Greenspan continues, as well it should. Become Fed Chairman Lower interest rates until you create an asset bubble. Hold them low until stagflation is in the air and a real estate bubble is floating…
How drug cartels launder money
The WSJ has a superb investigative article on how South American drug cartels launder drug money from Europe. It comes back to South America in large denomination euros that is then often channeled into the US via foreign-exchange companies. Hundreds…
Mortgage defaults
Even among upper-income buyers, 54.4 percent of blacks and 48.9 percent of Hispanics used high-cost loans. By contrast, just 16.4 percent of higher-income white buyers received such loans. Were the mortgage agents overtly racist? No, probably not. But this does…
Lame
The Draft Bloomberg site, two days after launching, has gotten a pathetic 1031 signatures, while the site itself is amateurish with little to offer.