Will it work?
At the end of this month–around October 27th–the latest plan to stabilise the Eurozone will be made public. The question at the top of everyone’s mind should then be “Will it Work?” Not “Can it Work?”,...
View ArticleThe Debtors’ Latest Gambit
With the failure to agree on a truly comprehensive package to counter Europe’s growing sovereign debt and banking crises, the baton has been passed back to the financial markets and the leading debtor...
View ArticleHave the Hawks Effectively Won the Lender of Last Resort Argument in Europe?
Despite consistent demands to the contrary from German leaders and economic experts, many analysts still hope that the European Central Bank (ECB) will ultimately step in and perform the traditional...
View ArticleTwo more mantras now in trouble
Major economic crises don’t just claim the reputations of the odd banker, finance minister, or two. Part of the ensuing blame game also discredits certain widely held mantras that guide policymaking....
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