Finance Roundtable

German Bundesbank executive Thilo Sarrazin digs his heels in deeper as calls for his resignation mounted on all sides on Monday. Presenting his new book “Germany Eliminates Itself” the controversial central banker said his ideas were scientifically founded and claims he was Anti-Semitic were "absurd".
The Bundesbank picked up ...

The question whether Federal Reserve Chairman Ben Bernanke has learned the right things from his Great Depression studies becomes more widespread.
While I wonder whether Bernanke's library includes Murray N. Rothbards work America's Great Depression

German Bundesbank executive Thilo Sarrazin has sparked a new uproar by saying that "all Jews share a common gene" and also attacked the Basques in Spain the same way in a newspaper interview.
This comes ...

This does not sound very earthly. From John Maynard Keynes "The General Theory of Employment, Interest and Money (London: Macmillan, 1936), p. 129."

"If the Treasury were to fill old bottles with bank-notes, bury ...

Wow! Sony pictures, not exactly an alternative media for purists, thrashes the banker caste. Taking it from the trailer - starring Paul Volcker, George Soros, Eliot Spitzer et al - the Fed and Wall Street will not get away unscathed.

Tight-lipped finance ministers from Austria, Germany, Switzerland, Liechtenstein and Luxembourg left a round table meeting in Vienna on Thursday without any statement to the public. According to Austrian Börse-Express talks centered around government budgets and bank secrecy (that's no pun.)
Austrian finance minister Josef Pröll had said earlier that ...

Short note to all euphoric EURSFR sellers.
This chart looks good:

CHART: Playing EURCHF on the short side has certainly be profitable fun and most recent action around the 1.30 mark is probably just ...

I am a bit preoccupied with thinking and reading these days as we are getting closer the disintegration phase of the ongoing biggest Euro-American financial, economic and political crisis in modern history. The price of gold certainly says so as it has always been the only safe haven in ...

Renowned German economist Professor Wilhelm Hankel has written a second open letter to German Federal Chancellor Angela Merkel after his first plea to follow the dictates of reason and not introduce the constutionally disputed financial aid laws that will pump €750 billion into insolvent Eurozone banks while ...

Photo courtesy Bloomberg The discussion on what gold is good for appears to take a new sharp corner with every day. Only ...