Archive for July, 2013

Barring a huge development of some kind I am not planning any more posts till early August.

My latest spiked article is a critique of the bank bashers: from David Cameron to UK Uncut:  The full text is below. There is at least one area where mainstream politicians can legitimately claim considerable success: they have offloaded much of the blame for the economic crisis from themselves and on to banks and other […]

The eurozone seems to have stumbled over one of the most fundamental elements of its plan to create a more integrated economic bloc. Its plan for banking union is making exceedingly slow progress. Last week the European Commission, the executive arm of the European Union, announced its plans for a Single Resolution Mechanism for eurozone […]

This is my Perspective column from this week’s Fund Strategy magazine. There are several factors behind the sharp fall in the price of emerging market debt since its peak in early May. No doubt all the talk of tapering by America’s Federal Reserve has played an important role. A reduction in liquidity from America’s central […]

David Nelson of Newsmax television recently interviewed me on the plight of the eurozone. A link to the interview, along with an accompanying article, can be found here.

This is my latest cover story for Fund Strategy magazine. It is written mainly from the perspective of British taxpayers and investors. I hope to write a more political article covering some of the same themes before too long. Until recently investors could make a cardinal distinction between tax evasion and tax avoidance. Evasion was, by definition, […]

Those who think the stabilisation of the markets means that difficult questions about the European Union have been solved are naïve. On the contrary, some of the most fundamental debates about the EU remain unresolved. Understanding the nature of European institutions means divining the forces driving integration. One of Europe’s most astute political commentators argued […]

This is my Perspective column from this week’s Fund Strategy magazine. A hard landing in China is uppermost in the minds of equity fund managers and second is fear at the failure of Japan’s experiment in Abenomics, with monetary expansion a central plank While the prospect of “tapering” by America’s Federal Reserve has prompted much […]