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....

Monetary Policy

Author: William Pottenger Sept. 17, The United States Federal Reserve reported that it would wait to raise interest rates. However, shortly after, Janet Yellen, the Chair...

Trans-Pacific Partnership

Author: William Pottenger According to an Oct. 6 report from the Financial Times, the twelve members of the Trans-Pacific Partnership (TPP) reached an agreement on an...

Turbulent Markets

Author: William Pottenger I believe there are three notable aspects of the global economy at the moment: emerging markets, the anxiety leading up to the United...

Poker

Author: William Pottenger When I was growing up, my friends and I played no limit Texas hold 'em. Every weekend, my closest two friends and I...

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...