Market commentators and analysts writing for the likes of the FT, Bloomberg and Reuters may want to try writing an economic news story with regards to weak data without ‘blaming’ Europe..”Oh, I see China’s economy has expanded at it’s slowest rate for two years, that’ll be those pesky Europeans and their banking crisis again..” is […]
When the Finger Points Read More »
Not wanting to be left behind by various actors, pop stars and other members of the glitterati, the European Commission president Jose Barroso played his popular card in his EU address on Wednesday and lent his support to the zeitgeist of banker hatred by suggesting that a financial transaction tax, the Tobin tax, or what’s
Why the Robin Hood Tax, Belongs With the Men in Tights Read More »
The euro has reversed it’s overnight, early morning bearishness versus the major currencies to make strong gains ahead of two crucial meetings; the troika meeting to rubber stamp Greece’s next proportion of bailout funds and Angela Merkel’s government vote on just how far Germany is prepared to support this and further bailouts for the seventeen
The First of Many D Days for Europe, Decision Days Read More »
“Bread and Circuses” is regarded as a metaphor to explain the superficial means of appeasement. In politics the phrase is used when describing the synthetic creation of public approval. Not through exemplary public service and policy creation, but through immediate satisfaction by pandering to the shallow requirements of the populace. The phrase also suggests the
Does the Premier League have the X-Factor of Rome's Bread and Circuses? Read More »
Whilst all the focus is on the plight of the Eurozone the domestic financial mess the USA is locked in continues to escape rigorous scrutiny. California is bust, Jefferson county can’t afford its sewers and now we learn that Wayne County Detroit’s morgue can’t afford to bury, or cremate their dead. Having sacked three out
Bring Out Your Dead…or Pile Them Up Read More »
