Stefan Isaacs
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I.O.U.S.A
Dubbed by many as an economic equivalent to Al Gore's "An Inconvenient Truth," Patrick Creadon's 81 minute documentary looks at the spiralling US national debt & the huge implications for the world's largest economy. The thirty minute ... |
26-Nov-2008 |
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Explaining the current unprecedented credit spreads: "It’s the economy, stupid"
Is it? Well kind of. Credit spreads (ie the excess yields on corporate bonds over government bonds) are very closely correlated to the strength of the underlying economy - when times are good, investors demand a small risk premium, and when things turn ... |
07-Nov-2008 |
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3
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'Reality leaves a lot to the imagination' John Lennon
Lunch yesterday with a member of the ECB, who will have to remain nameless, was an interesting affair. The usual hawkish noises around inflation remaining stubbornly high, the need to avoid second round effects and the damage to the Eurozone that would be ... |
12-Sep-2008 |
