Peter Souleles

Peter Souleles Articles

"Instead of just letting shareholders in entities such as General Motors taking direct hits, they should also let depositors take a percentage hit on their savings as well. If losses are not flushed out of the system then no lasting...
"Instead of just letting shareholders in entities such as General Motors taking direct hits, they should also let depositors take a percentage hit on their savings as well. If losses are not flushed out of the system then no lasting...
MF Global went down in October and the government which can sniff out weapons of mass destruction thousands of kilometres away in enemy territory, still cannot figure out what happened to $1.2 billion in its own back yard. These outcomes...
"Gold again proves it is not the safe haven many had hoped for, breaking the 200-day moving average, the first time since 2009 and signalling that prices may drop to US$1400/ounce." Shelley Goldberg Roubini Global Economics December 14,...
I have always told my children from a young age that the heart must make the initial choice but that the mind must make the final decision. Emotion and passion of the heart is great, but if left unfiltered by the brain it can lead to one...
"No one and I stress no one is able to predict with certainty how and when the whole situation will unravel. The reason I say this is because no one can predict what irrational schemes the governments of the USA and Europe will try to put...
That is correct, book the funeral, because if common sense and the free market are not allowed to resurrect themselves, we are destined to fall into the hole we have created. A hole which we have now realised was not the foundation of a...
All numbers and calculations are destined to turn to zero unless they are underwritten by philosophical underpinnings which themselves have values as well as clear cut, realistic and sustainable strategies.
I remember my first sin. I committed it when I was six years of age and in first class. I was a shy and skinny kid. Traits I would eventually lose. My big passion, which continued till age 11, was playing and collecting marbles. In Year 6...
Statements are sometimes repeated to the point that they acquire the status of truth despite being deceptively false. In my mind I am undecided as to whether the greater morons are those that make such statements or those that accept them...

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In the Aztec language the name for gold is teocuitlatl which means "excrement of the gods."