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Olduvai III: Catacylsm
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The Market Has Lost Faith In Our Board, Bank Of International Settlements Laments

The Market Has Lost Faith In Our Board, Bank Of International Settlements Laments The BIS’ Claudio Borio was vindicated in January – and it was a long time coming. When last we checked in with Claudio, it was December and the bank’s Head of the Monetary and Economic Department was busy explaining what may befall […]

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Brazil Throws In Towel On Budget; Citi Compares Fiscal Outlook To “Bloody Terror Film”

Brazil Throws In Towel On Budget; Citi Compares Fiscal Outlook To “Bloody Terror Film” Late last week, Brazil officially entered a recession as the economy contracted 1.9% in Q2, a quarter in which Brazilians suffered through the worst stagflation in over ten years. What was perhaps worse than the GDP print however, was budget data […]

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China Soars Most Since 2009 After Government Threatens Short Sellers With Arrest, Global Stocks Surge

China Soars Most Since 2009 After Government Threatens Short Sellers With Arrest, Global Stocks Surge Here is a brief sample of some of the measures the Chinese government and the PBOC have unleashed in just the past ten days to prop up the crashing market include: a ban on major shareholders, corporate executives, directors from […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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