May
9
In a recent post I asked, with my tongue firmly in my cheek, whether Mr Barroso, President of the European Commission would get the honour of meeting me. Well here we are on a lovely Schuman day in Brussels and it seems ever more likely that he will get that honour after all.
Of course, for [...]
Mar
19
In yesterdays post, I wrote about Paul Krugman and his thoughts at FFA 2009 in Biblioteque Solvay, Brussels.
This interview is well worth watching for his brief discussion about finance. Note that most politicians discuss the recession and how we may be out of it in 2010. Instead, Paul Krugman calls it the “Mother of all [...]
Mar
8
How Risky Is The United Kingdom For Investors?
March 8, 2022 | Leave a Comment
One of the maxims of investment is that, “Capital is scared”.
It seems that capital is currently scared of being in the United Kingdom. The following story from The Independent
suggests that money is leaving the UK at an incredible rate. If you watch currency markets, this is not a surprise.
This could all simply be related to [...]
Feb
27
The American Banking Sector Is On Life Support
February 27, 2022 | Leave a Comment
The CNN story here
shows just what a mess the banking sector is in. The sad thing is that the list of 250 banks ‘in trouble’ is only in the USA. When I clicked on the link, I was rather hoping that it was a global list. Perhaps it was less hope and more blind optimism. [...]
Feb
26
Can The American People See Their Black Hole?
February 26, 2022 | 1 Comment
I am starting to wonder if the American government needs a torch. They seem unable to spot the black hole into which they are pouring money. They ought to use a BIG torch!
In the face of enormous competition globally, a slowing market and what appear to be many internal problems, GM keeps losing money. [...]
Feb
19
Hyperinflation In The UK? – Here We Come!!
February 19, 2022 | 3 Comments
For those readers with a background in either finance or economics, the basic causes of inflation will be no surprise. For those of you that do not have a macro-economic background – the sensible ones! – here we go…
Inflation is generally caused by pressures that are either internal or external to the country concerned. External [...]
Feb
13
Europe Really Is In Recession
February 13, 2022 | 1 Comment
Despite the credit crunch or crisis - depending upon your lexicon - politicians around the world have been clinging to anything positive and trying to avoid the word “recession” in any form.
Those brave souls that do use the word recession are playing it down in the hope that it will only last a few weeks. [...]