Belgium

I want to run something by you I haven't thought through 100%. It's on the coronavirus where I am by no means an expert. But it's troubling me and putting virtual pen to virtual paper will help me tease out some of the variables. I'll try…

I took a hiatus from writing for a few days to see if I could get a clearer perspective. But, the reality is that there is no visibility to anything going forward. Making longer-term predictions is probably a fool's errand then.…

The model I have a bit of a problem. I am not sure how to put today's post together. What I plan to dissect is the economic outlook as we escape coronavirus lockdowns. But, economies are so complex and the outlook is so uncertain that it's…

What happened in 2010 with Greece, Spain, Portugal and Ireland will happen again. But this time, Italy will be the first domino to fall. And when it does fall, Italian sovereign and bank credit risk will skyrocket. Caveat Emptor.

The first thing that jumps out at me is the interview with Marco Buti, who says point blank that austerity must end as it is "pointless". That's huge because he is Olli Rehn's right hand man. And Rehn has just confirmed that the EC is…

The Dutch-language press in Belgium is reporting that belgium experienced a 3.1% decline in apartment prices nationwide, largely because of weakness in the Dutch-speaking region of Flanders.

My view is that the euro zone sovereign debt crisis will end in a combination of monetisation, breakup or default. Let's review why.

"The German government has, for the first time, released hundreds of pages of documents from 1994 to 1998 on the introduction of the euro and the inclusion of Italy in the euro zone."

The rump Dexia now owned by the Belgian government is a structurally loss-making enterprise that will cost the Belgian government 2 billion in deficits every year from 2014.

What is becoming clearer to almost everyone is that this is now no longer simply a Euro periphery sovereign debt crisis. It has become a full blown crisis of confidence in the Euro itself.