Is Fracking Viable?

Bethany McLean has written a book titled Saudi America on fracking and how it might contribute to the next financial crisis. She writes:   Some of fracking’s biggest skeptics are on Wall Street. They argue that the industry’s financial foundation is unstable: Frackers...

The Anatomy of a Bubble

In addition to our usual shorter blog posts, we will be posting a series of longer, more in-depth posts that illustrate our framework, and explain how we look at markets and the economy.  In this first post, we tour through the work of Hyman Minsky and Charles...

A Primer on the Euro Breakup

At the start of 2012, Variant Perception’s research team wrote a paper on the best way to break up the euro. A lot has happened since this paper was written. However, it still provides a clear, solid analysis of the problems leading up to the current situation....