Phases of the crisis – are we approaching the endgame?
byPhase 1: Greenspan, the arch money crank The Greenspan “put”, and the collective adoption by most central bankers of low interest rates after the…
Iceland
Cobden Centre Radio: Europe’s Deep Freeze of Debt
byIn this latest Cobden Centre Radio programme, I interview Professor David Howden, a member of our Advisory Board, about his new book, Deep Freeze:…
The Beauty of Being Iceland
byUnder the EU’s Markets in Financial Instruments Directive, the EU allowed the external countries of Iceland, Liechtenstein, and Norway to enter the ‘levelled’ EU…
A Crisis of Illiquidity or Insolvency?
byAs Europe continues bailing out its troubled economies, a subtle point is sidestepped. Providing additional doses of liquidity has brought short-term relief to some…
Iceland and the Western Banking System
byGordon Kerr’s second address this year at the European Parliament was at a meeting of the European Enterprise Institute. The meeting was chaired by…
Iceland’s krona proves the magic wand as Europe ails – Telegraph
byVia Iceland’s krona proves the magic wand as Europe ails – Telegraph: Out in Iceland’s Eastern fjords, Alcoa has raised aluminium production to record levels…