A World In Debt
byIn his magisterial 1936 work, ‘A World in Debt‘, Freeman Tilden treated the business of contracting a loan with a heavy serving of well-deserved…
Sovereign Debt
Puppets pushing on a string
by“I don’t think there is a problem that this will fix. I think it will just continue to compress yields into negative territory. If…
European Central Bank plan to unleash massive pumping is likely to further undermine the process of wealth generation
byThe European Central Bank (ECB) is planning to pump 1.1 trillion euro’s into the banking system to fend off price deflation and revive economic…
Monetary Politics: The Biggest Money Player In Politics Is The Fed
byWashington finally shows signs of coming to grips with the importance of money to politics. This is not about mere campaign finance. Recently there…
Greece, Germany and the ECB: and what it means for Bonds, Stocks and the Euro
byGreece is back in the spotlight amid renewed fears of a break-up of the Euro as the Syriza party show a 3.1% lead over…
2015: the year of the slump?
by2014 ended with two ominous developments: the strength of the US dollar and a collapse in key commodity prices. It is tempting to view…
An odd, non-linear world
by“Sir, John Authers, in Loser’s Game (The Big Read, December 22), could have delved deeply into the flaws in the asset management business as…
Bank gearing in the Eurozone
byAccording to the ECB’s Bank Lending Survey for October banks eased their credit standards in the last quarter, while their risk perceptions increased. This…
Road to nowhere
bySpring 2010: A gradual recovery Autumn 2010: A gradual and uneven recovery Spring 2011: European recovery maintains momentum amid new risks Autumn 2011: A…
Into the unknown
by“Sir, Your headline “Fed’s grand experiment draws to a close” (FT.com, October 29) combines ignorance of what quantitative easing is with insouciance as to…