Browsing Tag

Spain

The ECB is losing the currency wars

Earlier today I posted an article in the links on the euro's move up to a 14-month high. As I write this, the euro is trading a 1.3568 to the US dollar, up markedly from 2012's low during the sovereign debt crisis of 1.2063 on 25 July. And…

What’s happening in Spain?

I have come across a number of Spanish-language links that I believe collectively add good colour to our understanding about the current economic and political situation in Spain. I am going to use them as a jumping off point for this quick…

Problems in global housing markets

In the past year, I have increasingly turned away from the US housing market to stress the difficulties now besetting other global housing markets because there have been large house price appreciations (and some declines) elsewhere in…

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