All

In Search Of Russia’s Lost Fracking Boom

Gazprom’s mega-deal with China sent shockwaves around the world. But Gazprom might not be able to honor the deal if shale reserves are not tapped soon. And that might not happen because capitalism à la russe is a harsh mistress.

It’s Official: Despite Media Hype, Eurozone STILL in Recession

Politicians and Eurocrats have already taken credit for the recovery, and a whirlwind of backslapping has ensued – prematurely, it turns out.

Housing Hit the Wall of Wall Street in May

It always starts with a toxic mix: Home sales plunged and inventories jumped in May. The housing market is buckling under its own inflated weight.

This Debt Is Explosive, And it Sits on the Shelf Everywhere, Waiting to go off

I was interviewed by Jorge Nascimento Rodrigues for “Janela na web” (a Portuguese site) and the printed edition of Expresso. After what I said, he might never interview me again :-]

What Iraq’s Disintegration Means for Oil Markets

Executive Report, ISA Intel: OPEC’s 2nd largest producer has the 5th largest reserves in the world and is one of the last places with enormous amounts of underexplored low-cost oil.

Sex, Drugs and Dodgy Accounting: Spain’s New Growth Strategy

When it comes to creative accounting, few can hold a candle to Spain’s finance minister Cristobal Montoro, who unveiled his latest scheme to “grow” the economy: adding prostitution and illegal drugs to GDP to solve a host of urgent problems.

Buying Health Insurance: A Pig in a Poke

When you buy health insurance, you only think you know what you’re buying. You know parameters such as the deductible, coinsurance, and other nonspecific things. But the devil doesn’t lurk in nonspecific things.

The untimely end of San Francisco’s Tech and Housing Bubbles

“Recently, the billionaire venture capitalist Vinod Khosla went hunting for one-bedroom apartments in San Francisco….” And then he opened his mouth.