Posts By © Elliott R. Morss, Ph.D.
The problems Argentina is having in trying to resolve its debt issues is the manifestation of a larger problem – how should the financial defaults of countries be handled. Government defaults are not the same as private defaults. But they are important and at present, they are ‘worked out” largely on an ad hoc basis.
Argentina is in an economic bind because of bad policies. So what else is new? The country has a history of lurching from one crisis to another. The article explains the situation and offers a positive suggestion.
The media covers “newsworthy” energy events but does not offer a comprehensive picture of the global situation and where the US fits in it. This article reviews and refutes (with facts) some of the most commonly-held beliefs.
The Eurozone is a collection of disparate nations using one currency – the Euro. It is a mistake to look at them as a single entity. In this article, I break them into 5 groups.