Category Archives: Currencies

Michael Hudson on Iceland’s Vultures

Iceland’s Fair Value Vultures November 12, 2011 By Michael The New Bank Disaster Olafur Arnarson, Michael Hudson and Gunnar Tomasson* The problem of bank loans gone bad, especially those with government-guarantees such as U.S. student loans and Fannie Mae mortgages, … finish reading Michael Hudson on Iceland’s Vultures

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Correction: Iceland Supports Banks, not People

What is actually going on inĀ Iceland Posted on 29 December 2012 by Baldur Bjarnason (@fakebaldur) This scathing and factual analysis of how the Iceland experiment is REALLY working came recommended by Birgitta Jonsdotter’s blog. Click on the link above to … finish reading Correction: Iceland Supports Banks, not People

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Living and Dying by the Bolivar in Venezuela

The Revolution Devalued? What the Venezuelan Currency Change Signifies Written by Clifton Ross Wednesday, 13 February 2013 22:01 After months of rumors in opposition circles of a forthcoming devaluation, and denials of the rumor by Bolivarian government officials, the Venezuelan … finish reading Living and Dying by the Bolivar in Venezuela

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