Not just any old economists mind you. These are Nobel winning economists no less, who have launched an attack on the Eurozone’s economic strategy, warning that contractionary policies risk years of depression and a fresh eruption of the debt crisis. … Continue reading
Interesting reading from The Telegraph’s Ambros Evans-Pritchard today: For the past 12 years an elite cell at the US Treasury has been sharpening the tools of economic warfare, designing ways to bring almost any country to its knees without firing … Continue reading
So writes AEP in his latest offering for The Telegraph following yesterday’s Eurozone flash CPI release With the core ( ex food/energy) CPI figure coming in at 0.7% it’s the lowest at any point since the financial crisis escalated and … Continue reading
Ambrose Evans-Pritchard at the Telegraph says the doves have seized the European Central Bank and are ready to print. He cites yesterday’s comments from Peter Praet and the frustration they have caused in Germany. The nub of the matter is … Continue reading
So argues AEP in his latest piece in The Telegraph published last night. Not exactly a new discussion but worth re-addressing in the wake of a euro wobble last week. This year’s burst of euro strength has baked a lot … Continue reading
Further to my initial report before I signed off yesterday and Adam’s follow-up here’s a piece from AEP It appears that, despite India claiming full support of BRICS, Brazil’s central bank has no knowledge of any impending plan.
He may not be able to fight in Syria but PM Cameron is throwing his anger at his own rebels by looking to sack five ministers who he believes fell way below par over the parliamentary defeat on taking military … Continue reading
Ambrose Evans-Pritchard picks up on he tension between Germany and the IMF over austerity. IMF officials say privately that the policy regime has repeated the errors of the 1930s Gold Standard, when the burden of adjustment was imposed almost entirely … Continue reading
The Telegraph`s economy-watcher and all-around Negative Nancy says comments about placing a growth floor at 7% suggest a major Chinese policy shift. The government has been rattled by upheavals in the interbank market and has begun to heed warnings that … Continue reading
Love him or loathe him, latest from AEP at The Telegraph.