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Nov 3, 11 •
6567 Views •
Market Commentaries •
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1 Comment
Potemkin villages or Potyomkin villages (Russian: Потёмкинские деревни) is an idiom based on a historical myth. According to the myth, there were fake settlements purportedly erected at the direction of Russian minister Grigory Potemkin to...
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Nov 1, 11 •
4489 Views •
Market Commentaries •
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Comments Off on Beware Geeks Bearing Gifts
Despite the efforts of the greatest economic minds available to the European ministers the very best the forecasters, quants, policy ‘makers and shakers’ could devise during the tortured weeks of ‘Merkozy’ meetings was leveraging the...
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Oct 31, 11 •
6858 Views •
Market Commentaries •
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1 Comment
Assumption, can make an ASS out of U and ME… It would appear that the solution for the Eurozone crisis, released to the markets which the mainstream media lapped up like a child whose Christmas list had been ticked to the letter, has been juiced....
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Oct 27, 11 •
5476 Views •
Market Commentaries •
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1 Comment
Ultimately the EU ministerial roadshow had to release a plan, even if many commentators believed it to be woefully inadequate they had to be seen to be doing something. The €1 trillion combined rescue package will create the right kind of headlines through...
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Oct 26, 11 •
7942 Views •
Market Commentaries •
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3 Comments
One issue Tim Geithner nailed on Tuesday was to suggest that the posturing and prevarication of the EU has to stop. He stated that the predicament was; “the biggest challenge to growth worldwide, we want to see details, not just the objectives, and the...
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Oct 24, 11 •
5050 Views •
Market Commentaries •
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1 Comment
The story of Rip Van Winkle is set in the years before and after the American Revolutionary War. In a pleasant village, at the foot of New York’s “Kaatskill” Mountains, lives the kindly Rip Van Winkle, a colonial British-American villager of...
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Oct 21, 11 •
6379 Views •
Market Commentaries •
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1 Comment
You have to wonder if all the spin and posturing has been worth it given that sixteen year olds in the UK with a C grade in GSCE maths could have told the great and the good at the countless; troika, EU and IMF meetings held over the past few months that the...
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Oct 20, 11 •
8567 Views •
Between the lines •
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1 Comment
Greece’s government voting in the austerity bill came as no surprise. The government is now a safe bet to get their next tranche of pocket money (circa €8 billion) courtesy of the troika which should ensure they can firstly fill up the cash machines...
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Oct 20, 11 •
5438 Views •
Market Commentaries •
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Comments Off on As Europe Burns the UK Plays Second Fiddle
The latest incumbent in charge of the UK government’s spin and posturing is, as we say in the UK, playing a blinder. Mired in accusations of sleaze with regards to the former News Of The World Sunday newspaper, a former defence Minister, involved in...
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Oct 19, 11 •
7301 Views •
Between the lines •
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Comments Off on Eurozone Crisis, It's As Clear As Mud
No sooner had the grand plan to rescue the Eurozone been touted it was summarily squashed and just when you think the French and German leaders couldn’t possibly fit in another meeting Sarkozy thanks his wife for giving birth and hops onto a plane to...