Sprott, a Canadian wealth manager and hedge fund has given a rather gloomy assessment of the state of the American government's financial health.  "In case you failed to catch it in our previous articles this year, we thought we’d state it...

I occasionally wonder where an apparently odd phrase or saying came from, and in this spirit of enquiry, I looked up the word "Tickety boo" meaning, "everything is great" in English English.  (As opposed to American English for example.) I found out...

Enquiring minds will enjoy the fact that the derivatives exposure in total may be as much as 1.4 Quadrillion dollars.  I had to Google to even find out what a quadrillon dollars is.  Turns out it is 1,000 trillons.  Or to put it another was, it is...

Rolling Stone has one of the best populist descriptions of what the hell happened on Wall Street and why.  Read it, and weep. 

I read a very good column by Martin Wolf in today's Financial Times.  He talks about the state of the world economy, and Britain in particular.  His main point is that the banks are giving real trouble because they are essentially too big to fail,...