Niall Ferguson
Where is the emergency exit?

It is no coincidence that the book ‘The Time Master’ is about a Greek tragedy. A Greek tragedy about debt, inflation and how countries can go bankrupt.
The book gives a picture of the time period in which we now find ourselves. How should we as analysts look at the drama of what is happening in [...]


Let the money machine roll

Barack Obama spoke last week in his State of the Union address. He has found the solution to all problems: making new money. It is the only industry that doesn’t have a problem with the credit crisis: the money machine running at full speed.
‘Money makes the world go around” sang Liza Minnelli and Joel Gray [...]