Monday, July 1st, 2013
373,000 people ride BART (Bay Area Rapid Transit) every day, but not today. People who live in the East Bay and work in San Francisco are especially hit hard, as they have to choose between swimming six miles across the bay, or enduring traffic across the already crowded Bay Bridge. Where an extra 100,000 cars
Saturday, June 29th, 2013
If it weren’t so tragic it would be hilarious. Brazil’s finance minister complained and complained about Brazil’s currency being too strong. In March 2012 he said, “When the real appreciates, it reduces our competitiveness. Exports are more...
Thursday, June 20th, 2013
Will the Fed raise rates? Will QE go on to infinity? But if not, when will it stop? These are the questions everyone on Wall Street is trying to answer at every Fed meeting. The one this...
Saturday, June 22nd, 2013
Learning From Sweden
For some reason Sweden always seems to come up in discussions about socialism versus the free market, but these comments usually come from people who have never been to Sweden, nor any understanding of its economic history....