Tag Archives: History
Reserves, China, Euro, Dollar, SDR, Gold, Oh My!
Gold has doubled in three years. The euro has bobbed like a drunken sailor. Bailouts of institutions and countries abound. And to paraphrase Winston Churchill “The dollar is the worst form of currency except all those other forms that have … Continue reading
If time flies like an arrow and fruit flies like a banana, then what does a Black Swan fly like?
The timing of Nassim Taleb’s initial release of the Black Swan was uncanny, on the eve of the rolling recession of 2007-2010. As uncanny is the release of this new editionon the eve of a market tremor brought on by … Continue reading