The Japanification of Europe
The eurozone is resembling Japan’s lost decades ever closer on a host of metrics, including demographics, growth, inflation, yields and debts. In some respects, the eurozone crisis actually resembles the […]
Euro still poses a big risk
All quiet on the Southern front? Not really, the euro induced destruction machine is still grinding. It’s important for investors to grasp exactly how this works, so here is a […]
ECB’s dangerous flirtation with deflation
By this measure, inflation since June has been running at a rate of -1pc in France, -2pc in Holland, Belgium and Slovenia, -4pc in Italy, Spain and Portugal, -6pc in […]
Away with the euro
The euro area economy is in a terrible mess. In December 2013 euro area GDP was still 3 percent lower than in the first quarter of 2008, in stark contrast […]
How to save the euro
In the comment section on our bleak view of Italy’s debt dynamics, which we argued are to a considerable extent a function of being a member of the eurozone, someone […]
ECB ready to print
The doves are seizing control of the European Central Bank. They are already laying the ground work for a blitz of Anglo-Saxon QE, whatever the Germans, Dutch, Austrians, and Finns […]
Hahaha!
I apologise for mentioning that unemployment is 27.8pc in Greece, 26.3pc in Spain, 17.3pc in Cyprus, and 16.5pc in Portugal, or for pointing that it would be far worse had […]
Monetary madness in the Eurozone
the eurozone is straggling to recovery, though apparently in spite of the ECB failing to shore up money growth via Monetary madness in the Eurozone.
The End of the Euro
Europe’s debt-crisis strategy is near collapse. The long-awaited recovery has failed to take wing. Debt ratios across southern Europe are rising at an accelerating pace. Political consent for extreme austerity […]
Asmussen against Weidmann for euro survival
The two-day hearings at the constitutional court in Karlsruhe will investigate the legality of the OMT, the “game-changer” that defused the EMU debt crisis last July and has been so […]