We know that money is simply flying out of Greek banks. A number of them are clearly insolvent, yet they are meeting demands for withdrawals. Where is the cash coming from?

European leaders launched the euro project in the last century as an experiment to see whether political hope could become economic reality. What they have done is create one of the most dysfunctional economic systems in history.

Boris Schlossberg writes that you can trade statistically or you can trade analytically.

Recessions are by definition deflationary. Deleveraging events are also deflationary. A recession accompanied by deleveraging is especially deflationary.

It is simply hard to tear your eyes away from the slow-motion train wreck that is Europe. Historians will be writing about this moment in time for centuries, and with an ever-present media we see it unfold before our eyes.

Why do capable, talented people manage to blow up their massive accounts with alarming speed?

In today's letter, John Mauldin explores the options that the Eurozone faces in order to stay together, and what it all means for some of the countries involved.

Most traders never consider tipping points.

This week the German Bundesbank waved the white flag. The die is cast. For good or ill, Europe has embarked on a program that will require multiple trillions of euros of freshly minted money in order to maintain the eurozone.

You should be chasing price, not performance.