Europe
Austerity Unravelled?
Austerity proponent have been dealt a blow as research has shown glaring errors in the Reinhart-Rogoff “Growth in a Time of Debt” paper. Since the start of the economic crisis,
Margaret Thatcher’s prophetic prediction of the Euro’s sorry state
Margaret Thatcher’s prediction about the prospects of the Euro appears to be ringing true, as Euroskepticism sweeps the Continent. Thatcherism spread like wildfire as the dominant macroeconomic doctrine through the
Portugal faces an impossible task, expect a second bailout
It is becoming an infamously familiar chain of events in the Eurozone; public debt mounts, markets react, volatility and uncertainty rule while negotiations take place, a bailout with strings attached
Cyprus: Now the real work begins
“Last month Cyprus agreed to a € 10bn bailout from the IMF and ECM, which has relieved considerable short-term stress on the national banking system, as well as calming investor fears
The Netherlands approaches crisis
The Netherlands is facing the rough aftermath of a burst real estate bubble in a fashion only otherwise witnessed in the US and Spain. Most of us have been observing
