Sarkozy and Merkel fail again
As discussed many times before on the blog the creation of the Euro (the world’s biggest currency) allowed counties to behave differently than when they had their own currencies. It […]
PIIGS
Sell in May and go away…………..
In an open market price is driven by just one factor, and that is sentiment. Mathematicians can use computers to come up with wonderful models, but at the end of […]
It is silly season
Now is the time of year when MPs take their extended summer breaks and when, traditionally, the major source of news shuts down. Newspapers usually fill up their pages with […]
The Euro dominoes are lining up nicely
Over the last week the biggest story amongst the chattering classes was about Rupert Murdoch, his organisation, the people in it and sundry other actors in the unfolding drama. Meanwhile […]
Just how doomed is the Euro?
So the European Union is considering the terms for lending Greece yet another massive tranche of money. The most that they can possibly succeed in doing is to delay the […]
Balls, cut off
You may have noticed how Ed Balls has become invisible recently, he has shut up and gone into hiding. And here’s why. Ed was a member of the last, totally […]
The folly that is the Euro
I have written here before that there is schizophrenia about what the EU really is. Have we created a free trade area or are we trying to create a superstate? […]