Category Archives: Euro zone Crisis

What is a safe haven? Are they of any use to us?

The credit crunch era has seen not a few previously accepted tenets and sacred cows bite the dust. Unfortunately this has not stopped some from continuing to believe in them. For example my profession of economics has for a long time … Read More

Posted in Euro zone Crisis, General Economics, Gilts, Gold, Investing, Japan's Economic Situation, Psychology | Tagged , , | 23 Comments

Is France using a war as a distraction from her weakening economy?

It has been one of the themes of this blog that a country considered to be a bedrock of the Euro project has economic problems of its own to face. Indeed  France or La Republique has elements of its economy … Read More

Posted in Banking Reform, Banks, Euro zone Crisis, General Economics | Tagged , , , | 18 Comments

What is wrong with the world’s banks and their regulators?

The last year has seen an enormous amount of turmoil in the world banking industry as scandal has followed scandal. It is as if they have been a completely lawless sector which has done pretty much as it wanted. This … Read More

Posted in Banking Reform, Banks, Euro zone Crisis, GDP, General Economics, Quantitative Easing and Extraordinary Monetary Measures, Scams, The US Economy, UK Inflation Prospects and Issues | Tagged , , , , | 32 Comments

Spain shows more signs of economic decline as her mortgage interest rates rise

It looks increasingly that further economic decline in Spain is set to be a major economic theme in 2013. It was only last Wednesday that I discussed the rise in her unemployment rate to 26.02% meaning that 5,965,400 people were … Read More

Posted in Euro zone Crisis, GDP, General Economics, House Prices, Interest rates, Quantitative Easing and Extraordinary Monetary Measures, Recession | Tagged , , , | 14 Comments

Banca Monte dei Paschi di Siena is a warning for Mark Carney

Over the weekend the incoming Governor of the Bank of England  Mark Carney spoke at the World Economic Forum at Davos and there was a lot of interest in what he would say. However some care is needed in taking this as … Read More

Posted in Banking Reform, Banks, Euro zone Crisis, General Economics, Quantitative Easing and Extraordinary Monetary Measures, UK Inflation Prospects and Issues | Tagged , , , | 26 Comments

How will Spain cope with what is looking increasingly like a lost generation of unemployed?

As 2013 has opened there has been a large degree of apparent optimism in most financial markets about the future of the Euro which has contrasted markedly with actual economic measures and statistics. An example of this is the exchange rate … Read More

Posted in Euro zone Crisis, GDP, General Economics, Quantitative Easing and Extraordinary Monetary Measures, Recession, Stagflation | Tagged , , , | 14 Comments

The lies about Greece’s economy are unravelling as the IMF comes (partly) clean

Over the weekend I had time to review a very damning report written by the International Monetary Fund on the situation in Greece. This provides quite a contrast to what the polite may call rose-tinted or the less so outright … Read More

Posted in Euro zone Crisis, General Economics, Greek Financial Crisis, IMF, Quantitative Easing and Extraordinary Monetary Measures | Tagged , , , | 16 Comments

Has Japan replaced China as the main Currency Manipulator?

Today has opened with a raft of economic news from the Far East and I intend today to compare the situation in two of its main economies Japan and China. There are plainly differences but as I look at them … Read More

Posted in China, Currency, Euro zone Crisis, GDP, General Economics, Inflation, Japan's Economic Situation, Quantitative Easing and Extraordinary Monetary Measures, UK Inflation Prospects and Issues | Tagged , , , , | 17 Comments

How will the Euro respond if the Dutch economy continues its decline?

2013 has started with a fair degree of what I have described as Europhoria where improvements in some financial markets are lauded whilst continuing and indeed deteriorating problems in real economies are forgotten. Indeed the rally in the exchange rate of … Read More

Posted in Euro zone Crisis, GDP, General Economics, House Prices, Inflation, Stagflation | Tagged , , , | 8 Comments

What is the latest in the currency wars? Will the UK pound collapse in 2013?

One of the features as 2012 moved into 2013 has been the movements in exchange rates which in the case of the Japanese Yen has been extreme. Take your pick whether you feel that is because of hopes for what … Read More

Posted in Currency, Euro zone Crisis, General Economics, Gold, Japan's Economic Situation, Quantitative Easing and Extraordinary Monetary Measures, UK Inflation Prospects and Issues | Tagged , , , , | 27 Comments