Economic idiocy on Newsnight
Last night, Newsnight on BBC2 marked the first anniversary of Lehman Brother’s failure with an hour long show dedicated to the topic. The ignorance on display was stunning. You could write a book about...
View ArticleQuantitative Easing, Austrians, Ron Paul and the Bank of England
I've been writing a column all day on Vince Cable's suggestion that Royal Bank of Scotland be turned into a British Business Bank – I'm sceptical – so I'm a bit late in commenting on the unchanged...
View ArticleGlobal watchdogs rattled by lack of fear in the markets
A storm alert today from Simon Derrick at the Bank of New York Mellon. He cites three warnings from leading central bankers, all alarmed by the remarkable disregard for risk in the equity, credit, and...
View Article
More Pages to Explore .....
