If Greece quacks like a default …

June 30, 2011

James Saft is a Reuters columnist. The opinions expressed are his own.

The proposed bailout of Greece probably can’t escape the scarlet D of default, at least if the ratings agencies follow their own guidelines.

The unbelievable mercy of UK banks

June 28, 2011

James Saft is a Reuters columnist. The opinions expressed are his own.

What do you call an entire economy which sweeps its insolvencies under the carpet and hopes that something will turn up?

The Bank of Japan’s ill-advised “1% rule”

June 21, 2011

James Saft is a Reuters columnist. The opinions expressed are his own.

The Bank of Japan seems to be running its own fun-house version of monetary policy, intervening in equity markets when they fall.

Prepare to be financially repressed

June 16, 2011

James Saft is a Reuters columnist. The opinions expressed are his own.

Financial repression, the capture by government of capital for its own needs, is coming, if it’s not already here.

Greek actors seek divorce from reality

June 14, 2011

James Saft is a Reuters columnist. The opinions expressed are his own.

Greece, Germany and the European Central Bank appear to be petitioning for a divorce, not from each other, yet, but from reality, citing irreconcilable differences.

Jamie, is that a threat or a promise?

June 10, 2011

James Saft is a Reuters columnist. The opinions expressed are his own.

Jamie Dimon is just doing his job, which is why it is more important than ever that Ben Bernanke do a better job at his.

You’re on your own, kids

June 7, 2011

James Saft is a Reuters columnist. The opinions expressed are his own.

First came the realization that U.S. economic growth was fading. Now comes the dawning feeling that no meaningful help is on the way.

Beware generous UK banks

June 2, 2011

James Saft is a Reuters columnist. The opinions expressed are his own.

HUNTSVILLE, Ala. — British banks are being surprisingly generous with troubled homeowners, raising red flags over the health of the housing market and their own earnings.