Partisan

I think it’s time I cleared up a few things, especially with people accusing me of being either “leftist” or “rightist” or espousing certain economic theories or wanting to ban/outlaw certain economic principles and all the rest. Hey, sometimes I write what’s in my head and I need the feedback to see where it gets lost in “translation”. Most political blogs in English are set … Continue reading Partisan

The Hidden History of 1492 or How Romania (And The Entire World) Became Indebted To Bankers

I think just about every school child in Spain, Italy and the Americas knows that in 1492, a trio of ships from Europe landed in the Caribbean, an event that ended up radically changing the lives of everyone on the planet. But something else happened of equal importance in 1492, in fact during the same month that the expedition was first authorized. From the first … Continue reading The Hidden History of 1492 or How Romania (And The Entire World) Became Indebted To Bankers

The Executioner’s Face Is (Always) Well-Hidden

Whew mercy, I’ve been busy of late. However, the the unsleeping eye picked up this short post (and graph) from my ancient nemesis and it illustrates perfectly what I am always trying to talk about. I’ll say it bluntly. Economic forecasting, economics, market predictions, financial analysis and all other related jobs are all complete bullshit. You’d be better off relying on astrological charts or shaking … Continue reading The Executioner’s Face Is (Always) Well-Hidden

Was Ion Stan Right?

All day I’ve been wracking my brain, trying to see if there was any way to prove if what Ion Stan said was right or wrong. Essentially he is stating that the IMF is deliberately undervaluing Romania’s GDP by 20% in order to induce politicians (and economic “experts”) to take on IMF loans. Well there’s no way to prove something definitively, especially as I sure … Continue reading Was Ion Stan Right?

Economic Assassins

Well it’s Monday which means time to put watching old TV shows on the back burner for a bit and do some serious work. Through some research, I came across a statement from an old PSD heavyweight politician from Targoviste and noticed it had been receiving very little attention in Romania and zero attention in the English language media. If you speak Romanian, I recommend … Continue reading Economic Assassins