Europe shows the way
First Gordon Brown, now Europe. The euro is already up nicely, we can only hope they’ll take notice at the other side of the pond..
First Gordon Brown, now Europe. The euro is already up nicely, we can only hope they’ll take notice at the other side of the pond..
The jury will be out but it is reassuring to see that politicians who remain calm, think ahead, have a clear grip on the situation and it’s possible consequences, and […]
This is gripping stuff, and a relevant question. We shouldn’t take it entirely serious though, more indicative of national rank. Rating agencies have been widely off the mark on individual […]
Yes, if you look at things rationally, they might have a point. But there are still quite a few tough questions to be answered, and although we do agree that […]
How to get things working again? It isn’t actually that difficult, but the big risk is that politicians are fumbling.
There is quite a bit we don’t know, and markets really do not like uncertainty..
The more we think about it, the less sure we become. What is actually the rationale for these funds? Do they serve, in their pursuit of private profit, a greater […]
Here is another take on the recapitalizing of the financial system we talked about earlier today. It’s a bit marred by ideology though, and runs some risks as a consequence.
Asia, although not completely immune to the financial crisis, has a very large cushion to rely on..
In the sheer panic and haste to do something, the Paulson plan (the $700B bail-out plan for the financial sector) is rather ill conceived according to a host of economist. […]