The gold price and the exponential growth of our problems
byTwo Bloomberg correspondents reported on August 8 that the US Government’s unfunded liabilities rose by $11 trillion last year, “ten times larger than the…
Sovereign Debt
Debt bomb
by Toby BaxendaleOne for the weekend … A work of brilliance from Dominic Frisby:
The danger of external debts
by Prof Philipp BagusEconomists and journalists often point to the danger of external public debts — in contrast to internal debts, which are regarded as less troublesome….
Push for European integration is politics, not economics
by Nick OttensThroughout the European debt crises, Germany and its allies in the austerity camp have been urged by financial commentators, particularly in the United Kingdom…
The euro – lessons from history
by John PhelanWhen currencies and monetary arrangements have broken down it has always been because the currency issuer can no longer fight the lure of the…
Sovereign debt crisis going from bad to worse
by Alasdair MacleodThe eurozone continues to keep us in suspense in the wake of the French elections, and pending the second Greek election in as many…
Money printing to the max
by Alasdair MacleodThere is a big shift in political sentiment among G8 leaders towards less austerity and more emphasis on economic growth, which was evident at…
Gold bugs will be vindicated
by Alasdair MacleodIn recent weeks, while the eurozone has suffered escalating levels of systemic stress in government bond markets and its banking system, the gold price…
Please don’t call this capitalism!
by Detlev SchlichterSurprise, surprise, the Euro Zone debt crisis is back. Or was it never gone? As yields on Spanish and Italian government bonds are heading…
Savings, investment, and the Keynesian preference – a follow-up
by Alasdair MacleodFollowing on from last Saturday’s article … There is a general belief that government finances are somehow immune from the financial reality faced by…