2012: Pain Killers Outperform Precious Metals

Over an early-morning coffee with the chief executive of a FTSE 100 business last week, talk turned to the outlook for 2013. Where I had

(CAF Note: Is the LIBOR scandal sufficiently frustrating that the UK Defense establishment thought we needed some light reading for the weekend?) By Ed Krayewski

By Karl Denninger It’s about damned time. This is worth a read, even though it’s VERY long.  The bottom line is that all the Tickers