Author

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

Economy

More on Private Lending Woes in China

Edward Harrison
I see this private mending market as a bit like pay day loans in the US. The goal, however, is to get around lending restrictions imposed by the state. The lesson is clear: once bubble psychology takes over, it is difficult to dislodge it.…
Political Economy

On Greek Haircuts

Edward Harrison
Most of the writers whose work appear on this blog have long warned that the extend and pretend strategy in Europe would fail. Now, it seems that Europe is moving to a hard restructuring for Greece and recapitalisation for bank creditors.…
Markets

Faber: Market May Fall Below 1,100

Edward Harrison
Marc Faber told CNBC yesterday that he thinks the S&P500 could fall to as low as 1010 by the end of the ongoing sell-off. Faber also believes gold could fall. However, he believes both markets are oversold and is more keen to buy gold…

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