Browsing Tag


The case against the Euro

I am a Euroscpetic. I admire the political will of Europe's grand designers in creating the Euro, but I have always felt that harmonisation would be a painful process fraught with tension - especially during economic downturns. And so it is…


The term deleveraging is one bandied about a lot in the press recently. But, what does it actually mean? De-leveraging is the process by which financial institutions and investors reduce the relative size of their assets to equity ratio.…

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