I write one of the most popular blogs in the Spanish language. I have good and bad news to report from the Spanish world vis a vis Obama.

The good news about Barack Hussein Obama is that 87% of my Spanish readers would...

If I had to give a prize to the craziest financial story of the year this one would win it. Look at what is going on right now. Morgan Stanley shares are down 26% and Goldman Sachs 11% because Volkswagen shares are up 90% today and up from...

When I was in college Prince used to sing "we are going to party like it´s 1999". Surprisingly that´s what the markets are singing now. 1999 was almost a decade ago but the value of stocks now is the value of stocks in 1999. If you had kept a...

Salaries in the US government are low compared to the private sector. Salaries in the banking world are the highest in the world. Last year the top investment banks paid out $33 billion dollars in bonuses to their employees. The Average compensation among managers of investment banks was over a...

United States, please tell every bank depositor that all their savings in US banks, regardless of the amount, are insured by the FDIC. Not doing this is creating silent runs on banks. Especially from big customers who can go outside the U.S. Moreover, it is making people move away from...

We live in a strange world now. A world in which Western democracies are broke and totalitarian regimes are flooded with cash. Examples of people with cash: the Saudis, the Chinese, the Russians. Example of people without cash. The Americans. So how can we make the people with cash give...

I used to live in the US. I live in Spain. I moved in 95. When I moved to Spain the US economy dwarfed the Spanish economy. This morning I went into Yahoo Finance and started checking out market caps of US versus Spanish companies. Yes companies from Spain, that...

I am a pilot. I fly private jets. I am not a great pilot and, since I had to fly alone to obtain my license, I lack sufficient confidence in my abilities to do so again. Specifically, I do not fly alone because too much of what goes on in...

Yes, we all know that this is the administration that robbed from the poor and gave to the rich and there are countless examples of that. The most obvious one are the lucrative contracts given to friends of the Bush Administration in Iraq paid for by the US taxpayer. And...

There are friends you just hang out with and have a great time. And there are friends who you both hang out with and learn a great deal from. Joshua Ramo is on the second group. Joshua to me is my "eyes and ears into Chinese culture." Joshua is American...

Image via WikipediaI just read that 406 people have been arrested in the States by the...

When Digg, Techcrunch, Gigaom, or others talk about me or Fon, visits to my website or Fon's go through the roof. But on Sunday the New York Times had me on the cover of the business Sunday Times with a huge picture and...

This is my simple theory of the role of the US in the world economy since the 90s. During the Clinton administration the US led the world economy. During the Bush administration the US sank the world economy. Now what is the good news? That the Bush presidency will soon...

I just read that WWII killed 60 million people and cost less than 1 trillion 1944 dollars. This amount, that translates to 5 trillion of today´s dollars, compares poorly to the current Middle East War involving Iraq and Afghanistan costing USA already around 3 trillion 2008 dollars, but with...

The US dollar hit 1.52 vs. the Euro this week. A few years ago, the dollar was considerably stronger than the Euro, a currency that most in the States thought was destined to fail. For Americans, this does not just mean an inability to visit Europe due to the astronomical...

First Jason Reitman comes up with a cute, funny and wrong apology of the tobacco industry called Thank You For Smoking and gets away with it. This feat is followed by a cute, funny movie about teenage pregnancy called Juno. The movie wins an Oscar and makes...

I come from Argentina, one of the only countries in the world that has moved from the ranks of the developed world to the less developed world. Argentina's GDP per capita was higher and better distributed when I was born in the '60s than now. And as recently as...

Nowadays it seems that what matters is not what you do around the world but what the Bush administration believes that you do. The US government says it now believes that Iran stopped its quest for an atomic bomb in 2003, I guess it took a while for the...

The dollar is on a free fall. It used to take 85 cents of a dollar to buy a euro. Now Americans have to cough up 1.45 dollars to buy one euro. For Europeans, the US now is a bargain. For Americans coming to Europe, it is becoming horrendously expensive,...

I think that Myanmar in 1988 was still called Burma. And yes I could go to the Wikipedia and find out but that's not the point. I just want to tell the story of how my Argentine school buddies Diego Wainer and Raul Chevalier and myself were detained in Burma...