Daily Archives: July 25, 2011

Debt Ceiling Indigestibles

SilverDoctors: German Ratings Agency Feri Downgrades the US from AAA to AA!. This is a HUGE event (don’t expect anything more than downgrade “outlooks” from US ratings agencies until after the dollar has collapsed or the US has officially defaulted), … Continue reading

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Imposting The ISAF

Handicaps… In saddle racing, they’re called ‘imposts’–the amount of weight a faster horse must carry in order to place him on an even footing with the competition; in chess, it’s the pion coiffé–the stronger player, to win, must checkmate the … Continue reading

Posted in News, Opinion | Tagged , , , , , , | 18 Comments