Individuals Hold The Key To European Economic Recovery
In my last post (What Is The Cost To Europe Of Individual Actions?) I looked at the apparent movement of money out of Greece and into potentially safer locations. That is, of course, only one form of...
View ArticleMisunderstanding The Greek Election Results
As I read some of the latest news about the Greek election and the attempts to form a government I am struck by the following quotes: “We cannot make true our dream of a left-wing government“, says...
View ArticleFinancial History Repeats Itself Too
Recently I have been dipping into The Great Crash 1929 by J.K Galbraith. It is a wonderful book that I cannot recommend highly enough. Everyone should read it. It should be part of the curriculum in...
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Polar Opposites And A European Banking Union
Over the last ten days or so there has been much talk about a European Banking Union (if this is all news to you, this post by Gavyn Davies in the FT explains all you might need to know). Since that...
View ArticleWhy Do We Still Tax Savings?
The title of this blog post asks a very simple question, but one that I feel needs asking in the present circumstances. In many countries, the interest earned on savings in a bank account are liable...
View ArticleSummer 2012 Is Poorly Timed
There have been a couple of legal challenges made to the European Stability Mechanism. The challenge in Ireland seems to have been brushed aside but there is still, of course, an appeal to be heard....
View ArticleShould You Follow The Smart Money?
Despite having some time on my hands to think, I am still baffled by the current state of the markets. Firstly, despite all the potential risks facing the global economy (Greece, Spain, Italy, the US...
View ArticleThe Greek Tragedy Is Extended
I can remember being asked by a friend back in June what was going to happen with the euro for the rest of this year. That is the kind of question that I normally try and fend off, but I was feeling a...
View ArticleA Politician Is Not A Country
Today I plan to ask a simple and somewhat rhetorical question. It relates to the recent movements in the eurozone crisis and their relationship to German politics. If you have been following the...
View ArticleIs Disaster The New Normal?
Where has the volatility gone in financial markets? Why is the current political situation not causing mayhem? Over the last few weeks I have been developing a theory about the current state of...
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