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Rebalancing in the Baltics - A Preliminary Assessment
Rebalancing in the Baltics - A Preliminary Assessment
globaleconomydoesmatter.blogspot.com — By Claus Vistesen: Copenhagen "In my view … it is impossible to understand this crisis without reference to the global imbalances in trade and capital flows that began in the latter half of the 1990s." Bernanke (2009) Executive Summary Compared with the average quarterly value of GDP ... (more) Rebalancing in the Baltics - A Preliminary Assessment
Just How Much Of A Eurozone Rebound Really Was There In Q3?
Just How Much Of A Eurozone Rebound Really Was There In Q3?
globaleconomydoesmatter.blogspot.com — by Edward Hugh: Barcelona Sorry, and I apologise in advance: in this post I'm going to be a nit-picker . The question in hand is the Eurozone third quarter growth one, and the story is all about differences (between countries) and these differences in the key cases (France and Germany) are in ... (more) Just How Much Of A Eurozone Rebound Really Was There In Q3?
The Dollar As A Funding Currency
The Dollar As A Funding Currency
globaleconomydoesmatter.blogspot.com — by Edward Hugh: Barcelona Nouriel Robini is not a man who is known for mincing his words. “We have the mother of all carry trades,” he tells us, “Everybody’s playing the same game and this game is becoming dangerous.” There is a “wall of liquidity” sweeping the planet, pushing asset prices ever ... (more) The Dollar As A Funding Currency
Too Much of a Good Thing in Australia?
Too Much of a Good Thing in Australia?
globaleconomydoesmatter.blogspot.com — By Claus Vistesen: Copenhagen (click on pictures for better viewing) It is indeed an old adage that while goods things are to be preferred over bad things it is possible to get too much of the former. Looking at recent comments from the governor of the Reserve Bank of Australia it is not ... (more) Too Much of a Good Thing in Australia?
Norwegian Wood
Norwegian Wood
globaleconomydoesmatter.blogspot.com — by Edward Hugh: Barcelona Well, if John Lennon had still been around today he would undoubtedly have entitled his song Norwegian oil, but whatever way you want to put it Norway is back in the news, and this time not because of adolescents who find themselves with no alternative to sleeping ... (more) Norwegian Wood
Global Manufacturing, France Outperforms, As Spain Continues To Flounder
Global Manufacturing, France Outperforms, As Spain Continues To Flounder
globaleconomydoesmatter.blogspot.com — by Edward Hugh: Barcelona Well, it is not as if I relish rubbing salt into old wounds, but this quote from the latest piece by Ben Hall in Paris and Ralph Atkins in today's Financial Times is just too good to resist. French manufacturing output rose at its fastest rate for nine years, ... (more) Global Manufacturing, France Outperforms, As Spain ...
A New Spectre Is Haunting Europe, A Spanish One
A New Spectre Is Haunting Europe, A Spanish One
globaleconomydoesmatter.blogspot.com — by Edward Hugh: Barcelona A spectre is haunting Europe, but this time it is not the spectre of revolt by the popular masses, or even one of yet another wave of bank bailouts. No, the spectre which is currently stalking the corridors of Europe's most prestigous institutions is one of a Spanish ... (more) A New Spectre Is Haunting Europe, A Spanish One
What Exactly Is Going On In Finland?
What Exactly Is Going On In Finland?
globaleconomydoesmatter.blogspot.com — by Edward Hugh: Barcelona Finland, we have recently been told, is the world's most prosperous nation, and it is deemed to be prosperous not only in monetary and financial terms, but also in terms of the implicit wealth of its democracy and governance. This striking assessment is to be found in ... (more) What Exactly Is Going On In Finland?
Beyond The Consensus On European Bank Credit
Beyond The Consensus On European Bank Credit
globaleconomydoesmatter.blogspot.com — by Edward Hugh: Barcelona Well, I never thought I would have to wait very long to get some confirmation of my last post on things that could go bump in the night in France, but even I wasn't expecting confirmation of what I was trying to get at so quickly. Now, according to Frank Atkins in The ... (more) Beyond The Consensus On European Bank Credit
The French Rebound Continues In October While Germany Moves Sideways
The French Rebound Continues In October While Germany Moves Sideways
globaleconomydoesmatter.blogspot.com — By Edward Hugh: Barcelona Whoever would have thought that some people once called economics the most dismal of sciences? Certainly, as the current crisis goes on and on, those of us who consider ourselves to be economists scarcely are able to find the time to squeeze in a dull moment, even here ... (more) The French Rebound Continues In October While Germany ...