Tag: Featured Posts
- Africa
- African Bank
- Alibaba
- ALSI
- America
- American Debt Crisis
- Antibiotic Resistance
- Apple
- Argentina
- asymmetric information
- Austrian Economics
- Banking Scandal
- Banks
- Basic Income
- BATS
- Behavioral Economics
- Big Data
- Big Pharma
- Bitcoin
- Blockchain
- bonuses
- Book Reviews
- Brexit
- BRIC
- BRICS
- Bruno Iksil
- Buffett Rule
- business news
- Capital in the Twenty-First Century
- Capitalism
- CDO
- CDS
- China
- Cities
- City of London Corporation
- Climate Change
- CMO
- Collateralised Debt Obligations
- Collateralised Mortgage Obligations
- Commodities
- Coronavirus
- Corruption
- Credit Rating
- Credit Rating Downgrade
- Cryptocurrency
- cryptoshares
- Davos 2014
- Deflation
- Dodd-Frank
- EBITDA
- Economic Myths
- Economic Theory
- Economics In Real Life
- Economics News
- Emerging Markets
- Eurozone Debt Crisis
- Exchange Rates
- Facebook IPO
- Featured Posts
- Fed Stress Tests
- FinTech
- Fiscal Deficit
- fiscal policy
- Fixed Rate Mortgages
- Flash Crash
- France
- Freddie Mac
- Free Trade
- FTSE-JSE ALSI
- Game Theory
- Glass-Steagal Act
- Gold
- Gold Standard
- Golden Cross
- Goldman Sachs
- Greek CDS Exposure
- Greek Debt Crisis
- High Frequency Trading
- House Flipping
- hyperinflation
- Iceland
- IMF
- Immigration
- Indicators
- Indices
- inflation
- Infographic
- Insider Trading
- Interest Rate
- Interest Rate Parity
- Interest Rate Risk
- Investing in Art
- Investment Strategies
- Investor Diaries
- IPO
- Iran Sanctions
- ISDA auction
- Japan
- Jim Yong Kim
- JP Morgan
- Just An Observation
- Keynesian economics
- Laffer Curve
- Last Investment Frontier
- Leaving the Eurozone
- Liar's Poker
- LIBOR
- LIBOR collusion scandal
- Liquidity Risk
- Listed Property
- Maps
- Market Mechanism
- Marriage
- MBS
- Medical Aid Schemes
- MF Global
- Michael Lewis
- Microcredit
- Minimum Wage
- monetary policy
- Money
- Mortgage-Backed Securities
- Mortgages
- MTN
- Multi-level Marketing
- NASDAQ
- National Debt
- Net Neutrality
- Ngozi Okonjo-Iweala
- Office Politics
- Oil
- Other
- Overpopulation
- p2p lending
- Parastatals
- Penny Stocks
- Personal Finance
- Petrodollar Wars
- Platinum
- Podcast
- Ponzi Scheme
- Poverty
- Prepayments
- Price Controls
- Price Discrimination
- Pyramid Scheme
- Quantitative Easing
- Questions
- Rating Agency
- REITs
- Remittances
- RIM
- Risk On Risk Off
- rollingalpha
- SARB
- Save The Rhino
- Seigniorage
- Short-selling
- Singapore
- Snapchat
- South Africa
- South Africa's Tax System
- Spain
- Statistics
- Story of Money Podcast
- Student Loans
- Subprime Crisis
- Super Tuesday
- Swiss Franc
- tax system
- TGIF
- The Amateur Investor
- The Big Short
- The Reading List
- The Travelling Economist
- Trade Unions
- Uncategorized
- Unemployment
- Unicorns
- Unit Trusts
- US Credit Rating
- US Housing Market
- Variable Rate Mortgages
- Venezuela
- Volatility
- Volker Rule
- Warren Buffett
- Water Crisis
- Wealth Inequality
- World Bank
- Zimbabwe
The Ponzi Scheme: Be Not Deceived
You know the old adage: “If it seems too good to be true, it probably isn’t?” The gentleman that said it first was the victim of a Ponzi scheme. For sure. So – the Ponzi scheme. It’s a word that most people associate with those product fliers that you occasionally find attached to your windscreen […]
read moreWhat is: the ALSi
I’ve been asked to explain what the ALSi is – or, better, what it means. Now I will freely admit that for a long time, I was under the impression that the ALSi represented the average share price. So, for example, if I were told that the JSE-FTSE ALSi closed today at 34090, I would […]
read more
The Subprime Mortgage Crisis
Alright, before I begin, I’d like to make the following observations: Some of the concepts/instruments I am going to mention have been explained more fully in a number of previous posts: Mortgages (see here) Mortgage-Backed Securities (MBS) (see here) Collateralised Debt Obligations (CDO) (see here) Ratings Agencies (see here) The content is based on a […]
read more
Collateralised Debt Obligations. Robligations?
So, in my last article post on this topic, I talked about Mortgage-Backed Securities AKA Collateralised Mortgage Obligations (click here). The key points: A bank/mortgage-lender builds a pool of mortgages. It repackages the cash-flows that it will receive from the mortgage pool, and sells them to investors as Mortgage-Backed Securities (MBSs). The MBSs are split […]
read more
What is: A Mortgage-Backed Security
My last post was on mortgages, and focused on the home-owner (see here). If you’ll recall: The Home-Owner has a mortgage liability, which is the obligation to pay back the instalments over the mortgage term; and The Bank has a mortgage asset, which is the right to receive instalments over the mortgage term. Now this […]
read more
What is: A Mortgage
Given the recent news around the US Housing Market and the Freddie Mac, I thought that I should start tackling the Subprime Mortgage crisis, the Debt Ceiling Crisis, the America-in-General crisis, and all the fun stuff that goes with it. But before I can get to that, I think I may have to back-track a […]
read more
Why the Greeks are in Crisis
The world is filled with concern. Every time I turn on Sky News, a Greek Debt negotiation is stalling. And frankly, no one should be that surprised. Having grown up in a Greek community, I can empirically say that the Hellenes are a fan of two things: Their right to voice their opinion; Their right […]
read more