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Elliott Morss | October 24th, 2016

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Global Finance

Reviewing the IMF’s Role in the Greek Crisis: What Its Independent Evaluation Office Missed

September 19th, 2016 |

The Independent Evaluation Office of the International Monetary fund just completed a review of its role in the Greek, Irish, and Portuguese economic crises. It missed some important points.Read More

Can Anything Save the Eurozone?

August 24th, 2016 |

The article attempts to explain why the Eurozone is unworkable by highlighting differences between its members and states in the US. In addition, the issue of whether the European Union will survive is discussedRead More

Xinyuan Real Estate: Positive News in a Risky Business

August 17th, 2016 |


The second quarter results from Xinyuan (XIN) sound good. Table 1 summarizes data from CFO Liu’s statement at the earnings call. Sales are up. Area sales are up but not by as much (possibly because a greater portion of … Read More

Why Trump’s Trade Deficit Concerns Are Nonsense

August 2nd, 2016 |

Donald Trump has argued that China has “cheated” in international trade. His solution – levy a 45% tariff on their imports. This is nonsense. Trump does not understand.Read More

The American Public Has Been Fooled – Life is Good in the US

July 20th, 2016 |

Political candidates say things are bad now. And media ratings jump whenever they can find a disaster to feature. The reality is quite different.Read More