Welcome back to crisis-land
Returning to London after a week of absence from European drama and the news around it is like coming back to watching a TV show after missing four episodes: The plot is still kind of the same but...
View ArticleIn Europe, the rate of concern keeps rising
If we think about for how long concerns about the eurozone have been growing already, it makes me wonder just how muchconcern is necessary (also, is this a compounded rate of concern?), before it turns...
View ArticleThe correlation between soccer and political power
At least now we know what it was really about… the peripheral problem children win the soccer and Europe agrees on the most egalitarian strategy yet, introduces eurobonds, makes Germany equal to...
View ArticleChina slows less badly, Russia gets even more say in oil
In all the mess, at least China seems to be doing better. After six quarters of downturn in the economy, the slowing continues in a much more positive fashion. Q3 GDP growth came in at 7.4%, as...
View ArticleBlack Monday: 25 years later, the world hasn’t learned much
Half time at the EU summit, we don’t have much but a step forward on the banking union front. From 2013 on, “a single supervisor“, i.e. the European Central Bank, will monitor certain undecided actions...
View ArticleUK vs European budget; FSB vs shadow banking
After the UK has demanded higher budget cuts in the next long-term EU budget, followed by Germany’s threat to blow off the budget negotiations altogether, planning is now going ahead without British...
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