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From This Collection
The root of Italy's problems
by
Paddy Hirsch
Nov 14, 2011
Berlusconi may be gone, but Italia's problems persists. Senior Editor Paddy Hirsch explains how Italy got into the mess it's in today.
Why seven percent may not be such a big deal
by
Paddy Hirsch
Nov 11, 2011
When you climb very high mountains, at about 26,000 feet you enter the Death Zone. At that altitude, there's simply not enough oxygen in the air to...
Haircut: More dangerous than it sounds
by
Paddy Hirsch
Nov 8, 2011
If Greece accepts the terms of a new aid package it's expected to get a haircut on its debt. But Sr. Editor Paddy Hirsch explain why that haircut...
Beware overexposure to Greek bonds
by
Paddy Hirsch
Oct 26, 2011
Just like overexposure to the sun will get you burned, so will overexposure to Greek bonds. But normal exposure might not hurt.
WHITEBOARD: Exposure -- not necessarily a bad thing
by
Paddy Hirsch
Oct 21, 2011
Most people have dark thoughts when they hear the word exposure, but exposure can be beneficial -- if it's done in moderation, as I explain in this...
WHITEBOARD: What do companies do with all that cash?
by
Paddy Hirsch
Sep 30, 2011
Companies are hoarding cash -- to cushion themselves if the economy worsens. But where do they keep all that money? Senior Editor Paddy Hirsch explains
The difference between fiscal and monetary policy
by
Paddy Hirsch
Sep 14, 2011
A lot of suggestions are getting tossed around Washington on the best way to deal with the country's financial standstill. But what exactly is the difference between how Federal Reserve and Treasury can help?
For public good, not for profit.
WHITEBOARD: What is a yield curve?
by
Paddy Hirsch
Sep 12, 2011
If you've been following what the Federal Reserve is doing with the interest rate of late, you have probably heard them talk about the yield curve...
WHITEBOARD: Fiscal policy vs. monetary policy
by
Paddy Hirsch
Sep 5, 2011
Often conflated, often confused, fiscal and monetary policies take very different approaches to influence the economy. And they rely on two very ...
WHITEBOARD: The name's Bond. Eurobond.
by
Paddy Hirsch
Aug 17, 2011
James Bond is a weapon of last resort, the man you send in when diplomacy and threats have failed. Eurobond is a similar sort of chap......