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Nov 9, 11 •
4484 Views •
Market Commentaries •
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1 Comment
“It took a lost weekend in a hotel in Amsterdam And double pneumonia in a single room And the sickest joke was the price of the medicine Are you laughing at me now? May I please laugh along with you?” – Lloyd Cole At times when the troika,...
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Nov 8, 11 •
4067 Views •
Market Commentaries •
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5 Comments
The headlines read; the parliament is convening in order to orchestrate a vote of confidence, or to potentially vote on new austerity measures, or to potentially dissolve parliament and create a new ‘unity government’ (an unelected coalition)..but...
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Nov 7, 11 •
6922 Views •
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2 Comments
Taking a step back it has been incredible to witness the ‘volte-face’ performed by Greek politicians. How quickly the door has been slammed in the face of the democratic process and how those politicians have re-grouped in order to protect the...
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Nov 4, 11 •
5676 Views •
Market Commentaries •
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Comments Off on La Dolce Vita – The Sweet Life, Full of Pleasure and Indulgence is Finally Over as the New Reality Begins to Takes Shape
La Dolce Vita, Italian for “the sweet life” or “the good life” is a 1960 comedy-drama film written and directed by Federico Fellini. The film is a story of a passive journalist’s week in Rome, and his search for both happiness...
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Nov 3, 11 •
6580 Views •
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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 2, 11 •
4071 Views •
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Comments Off on $500 billion just doesn't buy what it used to
There are times when the mechanics of high finance can leave even the most economically literate amongst us speechless. Whilst there’s an argument that burning through $500 billion is simply emotive and extreme language to describe the...
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Nov 1, 11 •
4505 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 •
6867 Views •
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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 •
5483 Views •
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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 •
7951 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...