Bronte Capital

When I was about 22 my dream date and I ended making love on the balcony of a friend’s beach house on a balmy evening with a very high end s...

I was reading Paulson Funds latest client letter (hat-tip Kedrosky) .  It is an enviable list of the things he got right this year.  However...

The WSJ leads with a story about how GM wants to avoid a tax burden that comes from restructuring its liabilities – converting its debt to ...

Background for the non economists. In 1976 Robert Hall christened the central schism in macroeconomic thought as being between the freshwat...

Do not bother reading this post unless you are directly interested in a history of Norwegian versus Swedish bank collapses... It seems that ...

I have – framed above my desk – a $100,000,000 note – serial number AA23100220 and signed by Dr G Gono – the Governor of the Reserve Bank of...

Once upon a time I saw loan restructurings as code for faking the accounts.  That was with good justification. Conseco – before it blew up –...

By far the best reaction to the helicopter post from one of my favourite bloggers. See Cassandra . John

The helicopter post has had the most reaction of any post on this blog. I guess that is the territory when you suggest that the solution t...

Cassandra (who normally does Tokyo) has a diary note in which (s)he explains – in layman’s terms – why the Fed printing all that money (exp...