Posts From Mikala Sorenson
Financial service commission ban limits advisory market
Is commission equal to fraud? In Australia, the Netherlands and UK the answer is yes, and more countries look likely to join their ranks. Inherent to the commission system was
10 Facts about the Detroit Chapter 9 Bankruptcy
“They (outsiders) think Detroit is a dump. No respect. It’s a dump now. Detroit can’t even handle its own business? That’s sad.” — Detroit resident Everett Cottrell, 52. 1. The largest
In spite of challenges, Indonesia is booming
“Indonesia is the least-unattractive country in the world” -M. Chatib Basri, chairman of the Indonesian Investment Coordinating Board Things are going pretty well for Indonesia. Since surfacing virtually unscathed from
Convexity Hedging Increases Risk in US Markets
If you have been watching the yield curve for U.S. treasuries, you will have noticed a rise in interest rates pretty much across the board. As Treasury yields go north,
Investing in Food Amidst Volatility
GRI talks agribusiness and commodities with Karl-Axel Lindgren of City University London. Come take a look at food futures and investing in the industry. Commodity trading has been a hit
Bitcoin: Scam or viable currency alternative?
There is a sense in which the entire Bitcoin debate is profoundly unsettling, highlighting the fact that most currencies today are just like it – fictional, fiat money, printed and
Slovenia faces insurmountable debt crisis
There certainly are bad apples in the Slovenian basket; the question is whether the rot will spread to the entire economy and force a bailout of the country. When Cyprus
Margaret Thatcher’s prophetic prediction of the Euro’s sorry state
Margaret Thatcher’s prediction about the prospects of the Euro appears to be ringing true, as Euroskepticism sweeps the Continent. Thatcherism spread like wildfire as the dominant macroeconomic doctrine through the
Portugal faces an impossible task, expect a second bailout
It is becoming an infamously familiar chain of events in the Eurozone; public debt mounts, markets react, volatility and uncertainty rule while negotiations take place, a bailout with strings attached
The Netherlands approaches crisis
The Netherlands is facing the rough aftermath of a burst real estate bubble in a fashion only otherwise witnessed in the US and Spain. Most of us have been observing
