Chatting with the #occupiers of Dame Street has been interesting, if not very revealing. What seems to be happening is that they: know that something is wrong and, know that they are not happy. What then seems to happen is that the #occupiers then interpolate these two facts and...
Before we joined the Euro, twenty odd years ago, with the Maastricht Treaty and European Monetary Union we, along with many of our European neighbours joined with each other to create the Euro. When we joined, we all agreed to the terms of the growth and stability pact because everybody...
The bond markets are irrelevant now that the IMF are in the game. When the IMF offer funds it is as a funder of last resort. Realistically, no other lender will touch a country so long as an IMF funding programme is in place as the presence of the IMF...