Tag Archives: debt

Death by Debt

Here are extracts from Chapter 3 of my book, physician The Doom Loop in the Financial Sector, and Other Black Holes of Risk (University of Ottawa Press, 2010), pp. 101-2: Thus, by the middle of 2010 six of the seven … Continue reading

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Prolonging the Agony: Europe’s Sovereign Debt Crisis

When will the senior political and financial leaders in European countries come to their senses? When will they concede that their current policies to contain the debt crisis are not working and cannot be made to work? How long are … Continue reading

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Financial Risk: The World turned Upside Down

Here’s the latest from the Greek debt crisis: “Europe is seeking to avoid a default at all cost because it could also initiate payment of credit-default swaps, there with unpredictable results. There is little public information on which financial institutions … Continue reading

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