It is a timing thing When the Euro zone Debt driven financial crises - yes, it has been dragging on for a little while now; lurching from one convulsion to the next tremor - is headline news across most traditional newspapers in Britain, it is worth pausing briefly to consider the overall 'management efforts' of … Continue reading An orderly leap into Chaos?
In yesterday’s article, “Where will all the new money come from?” we concluded the brief analysis with the Sovereign Debt Maturity profiles (otherwise known as the Debt Structure) of both the USA and Italy, noting how similar the two profiles looked at first glance. Digging a bit deeper today, we would like to compare those … Continue reading The BIG Sovereign Debt Structure cliff – Part 1
Are the European and more specifically the Euro-zone problems purely a matter of cultural differences, engrained in generations of ‘Nation Staters’ or something deeper in each nation-people’s psychology? It cannot purely be a difference of political ideology between the leaders and individual nations of Europe that has lead us to the brink of the … Continue reading A matter of CULTURE or PSYCHOLOGY in Europe?
The team at theMarketSoul have not been busy enough putting blog article out during January 2012; however, it has given us the opportunity to reflect on the goings on in the various regions around the globe. The themes of this article are: Taxation Collaboration The USA The only great point of interest was the State … Continue reading Reflections on January 2012
It is with a little amusement that we scanned through the Economic headlines today, following Standard & Poor’s decision to finally downgrade France’s and other Eurozone nation’s Sovereign Debt rating. France lost its prestigious triple A (AAA) grade to AA+. Sarkozy and French anger? Indeed! Off course the irony is that an “outsider market agency” … Continue reading Irony and Downgrade Anger
We pick up from the introductory article by expanding on the issue of MORE Europe, which we did not cover in enough depth. More Europe It is without a shadow of doubt that belonging to an enlarged common market has huge beneficial advantages to all its participants. However, the question of the Cost / Benefit … Continue reading More and Bigger Europe –Part 2 – It is MORE…
Yes, it will be more bureaucracy and bigger financial problems down the line... We pick up our analysis this week in the dusky glint of the aftermath of the (latest) EU Leader summit to put together a rescue package for the Euro. More bureaucracy? The inspiration for this comes for the ‘people pulling the wagon … Continue reading More and Bigger Europe…Is that what we really want?
Irrespective of how the twists and turns of the Greek political system plays out over the next few days and weeks, we believe that the Big EU (Eurozone more specifically) players and their leaders only have themselves to blame for Greece's seemingly petulant behaviour. If at the fundamental level we cannot understand that ANY form … Continue reading The Big Design: Moral Hazard, and the EU