Spain

Martin Feldstein Suggests Spain Should Force Citizens and Companies to Buy Government Debt

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My Take:  Martin Feldstein’s article in the FT from a couple of days ago is so frightening I feel compelled to turn everyone’s attention to it if they have not read it yet.  The focus of the piece is Spain and he spends much of it talking about how “confidence” is the key (one of the … Read more

Spain Goes Police State

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My Two Cents:  Well it was a nice 37 year run for democracy in Spain.  Now that the country has been gutted by excess credit and a counterfeit fiat money system it’s time to put it into receivership like so many of its former colonies before it.  As was the case in Greece and Italy, crisis in … Read more