John Vax is a principal at MT Thaler Investment Management LLP, a London-based hedge fund which focuses on credit markets
While the Tea Party gets slated as a bunch of extremists, the truth is they're a legitimate mass movement. And they've just been proved right.
The markets have already priced in a Greek default, it’s time the EU woke up to reality, says financier John Vax
Greek debt now yields over 23 percent. Default is all but certain
Japan's excuse for spiralling debt is that it just suffered a massive earthquake. What's America's excuse?
ECB rate rise signals a stronger euro versus the dollar, while the Portugal crisis may bring default closer
Plato's Allegory of the Cave could tell Europeans much about the futility of their approach to the euro
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