November 10, 2011
Over the past few centuries, Western cultures have been very good at creating general prosperity for themselves. In the TED talk below, the British historian and Harvard University Professor Niall Ferguson asks: “Why the West, and less so the rest?” He suggests half a dozen big ideas from Western culture, calling them the six killer […]
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November 10, 2011
The debt levels around the globe are unprecedented in peacetime, as we have written about previously on this blog. The odds of restructurings national and regional debts or defaults are higher than most people believe. When does debt become unsustainable? The video below made by Ciovacco Capital Management, an an independent money management firm . […]
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