Inevitable meltdown

Yes, government bond yields around the world are plummeting to all-time lows.  They’re falling through the floor as investors realise the global economy is about as close to the drain as it’s been even through the “Global Financial Crisis”. What do you mean “what about Greece and Spain”? Government bond yields are plummeting everywhere except […]

Digital currencies and more

Bitcoins are a bad idea.  I’ve put this forward from multiple directions already. What’s interesting is the range of new, government-sponsored digital currencies that are in development. Digital currencies might also be a little bit of a stretch, they’re still more like digital payment methods. Unlike Bitcoins, there is much to recommend about low-cost, high-security, […]