Darrow Miller and Friends

Category: Finance

Total 9 Posts

Too Few the Wise: The Folly Driving the Global Chaos, part 1

Today’s headlines almost defy imagination. Riots in unlikely places: Athens—ancient capital of democracy, Israel—island of freedom in a sea of tyranny, London—billed for the 2012 Olympic games as one of the world’s safest big cities. Nations approaching bankruptcy: Ireland, Portugal, Spain, Italy … and now perhaps an impoverished European Union cannot support the

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Actually it’s not the economy, stupid!

Bill Clinton’s campaign-winning slogan seems almost quaint, 18 years hence.  Every day we read of at least one new dimension of economic crisis. Banks are failing, businesses closing, people are losing their jobs, families losing their homes. Here’s another one: “States are taking on more debt. Here’s your share!“ Governments spend with

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