Finance & Economics

State-sponsored Capitalism

The United States' economy does not obey the laws of traditional free market capitalism because of the outsized role that the government plays. Unions...

All that glitters is not gold

According to the latest quote from Nasdaq, Gold is currently selling at 1231 dollars per ounce. Just last week it was priced above 1240...

Poker Hand: limping with Aces

The following hand takes place on "High Stakes Poker" where the blinds are 400/800 with a $1600 straddle. Eric Boneta limps under the gun for...

Nicaragua's Canal

For the past couple years, Chinese billionaire and CEO of Beijing Xinwei Telecom Wang Jing has been planning a lucrative infrastructure project in Nicaragua....

Responsibility for the Financial Crisis

Over winter break, I watched a lot of films, and one of my favorite was Adam McKay's "The Big Short." It told the story...

Investment Banking

Author: William Pottenger The financial crisis in 2008 was basically the result of a lack of liquidity, which means a borrower's access to tangible assets to...

Central Bankers

Author: William Pottenger Paul Krugman, an American economist and op-ed columnist for the New York Times, wrote an interesting piece this past summer about how central...

Welfare States

Author: William Pottenger Welfare states ensure the economic security of its citizens by utilizing vehicles such as free higher education, universal health care, day care, etc....

Consolidating Financial Regulation

Author: William Pottenger The stock market crash that happened this past summer is still fresh in the memories of many Chinese consumers, bankers and politicians. In...

E.C.B. Extends Bond Buying Program

Author: William Pottenger According to a report from The Financial Times, Mario Draghi, Head of the European Central Bank (E.C.B), announced on Dec. 3 that the...

Responsibility for the Financial Crisis

Author: William Pottenger Over winter break, I watched a lot of films, and one of my favorite was Adam McKay's "The Big Short." It told the...

Nicaragua’s Canal

Author: William Pottenger For the past couple years, Chinese billionaire and CEO of Beijing Xinwei Telecom Wang Jing has been planning a lucrative infrastructure project in...