Tag Archives: financial times

Auf Wiedersehen… Yet? Is Germany Preparing to Exit the Euro?


New Economic Perspectives / Marshall Auerback – A Tale of Three Germanys: Is Germany Preparing to Exit the Euro?: The Germans were willing to go into a currency union because by construction that agreement removed the weapon exchange rate depreciation … Continue reading

Posted in Austerity / Cutbacks, Bankers' Bailout, Budget, Civil Disobedience, Debt Default/Restructuring, ECB/IMF, Economy, EU, Euro / Sovereign Money, France, Geopolitics, Germany, Greece, Independence/Nationalism, ireland, Solutions | Tagged , , , | Leave a comment

Irish Economic Pravda latest: Fire in downtown Moscow makes way for glorious new tractor factory!


Ok. How do we square this: Irish Times / Vines & Watson – Markets are making the wrong call on Ireland’s debt; Constantin Gurdiev – 23/08/2011: Trade Figures for June – an awesome performance by the sector; With this… … … Continue reading

Posted in Accountability, Agriculture, Austerity / Cutbacks, Bankers' Bailout, Budget, Commodities & Cost of Living, ECB/IMF, Economy, EU, Food, Geopolitics, Housing Bubble, ireland | Tagged , , , , , , | Leave a comment

Monetary union exit concerns already being priced into Euro currency market rates – Lex /Financial Times


From the Lex column at Financial Times – Euro: franc view of a troubled currency: For a truer picture of the euro, look at its relationship to the Swiss franc, the traditional “haven” currency. In recent weeks the euro has … Continue reading

Posted in ECB/IMF, Economy, EU, Euro / Sovereign Money, Geopolitics, Greece, Solutions | Tagged , , , , , , | Leave a comment

“Political union cannot fix the euro… Leaving euro might be the beginning of national regeneration” (Gideon Rachman / Financial Times)


Gideon Rachman writes at the Financial Times – Political union cannot fix the euro: Those who argue that “political union” is the solution to the current crisis seem to believe that Europe’s problem is institutional. Unlike the US, the eurozone … Continue reading

Posted in Bankers' Bailout, Budget, Debt Default/Restructuring, ECB/IMF, Economy, EU, Euro / Sovereign Money, Geopolitics, Greece, History, Ideology, Independence/Nationalism, ireland, Social Welfare, Solutions, Superstate | Tagged , , , | Leave a comment

“The Eurozone Heads for Break Up” (Nouriel Roubini)


Via Economonitor, Nouriel Roubini writes in the Financial Times: The muddle-through approach to the eurozone crisis has failed to resolve the fundamental problems of economic and competitiveness divergence within the union. If this continues the euro will move towards disorderly … Continue reading

Posted in Bankers' Bailout, Debt Default/Restructuring, Debt for Equity, ECB/IMF, Economy, EU, Euro / Sovereign Money, Geopolitics, History, Housing Bubble, Independence/Nationalism, ireland, Solutions | Tagged , , , , , | Leave a comment

“The eurozone, as designed, has failed. It was based on a set of principles that have proved unworkable at the first contact with a financial and fiscal crisis.” – Martin Wolf (Financial Times)


Via Paul Krugman – Martin Wolf at the Financial Times writes – Intolerable choices for the eurozone: It has only two options: to go forwards towards a closer union or backwards towards at least partial dissolution. This is what is … Continue reading

Posted in Budget, Debt Default/Restructuring, ECB/IMF, Economy, EU, Euro / Sovereign Money, Independence/Nationalism, ireland | Tagged , , , , , | Leave a comment

Guest Post: EU “solidarity” that can only make our bad situation even worse


Just when you thought it couldn’t get any worse, along comes a new piece of EU “solidarity” that can only make our bad situation even worse. The Tánaiste, Éamon Gilmore, has admitted that Ireland will be required to pay approximately … Continue reading

Posted in Bankers' Bailout, Civil Rights & Liberties, Debt Default/Restructuring, ECB/IMF, Economy, EU, Geopolitics, ireland, Taxation | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Financial Times: “Germany & France have no business pinning Ireland to floor when Irish taxpayers are picking up the colossal bill for European banks”


From a Financial Times editorial – ‘Bully Beef’ Europe: This represents a dishonourable attempt to exploit the eurozone’s debt crisis as a means of bullying Ireland into policies that, so it is hoped in Berlin and Paris, will stem leakage … Continue reading

Posted in Bankers' Bailout, ECB/IMF, Economy, Elections, EU, Euro / Sovereign Money, Geopolitics, Housing Bubble, ireland, Taxation | Tagged , , , , , , | 1 Comment

Chairman of Goldman Sachs wants Irish Peasants able to pay Goldman Sachs


Peter “The Hutt” Sutherland, chairman of Goldman Sachs International and former director of Royal Bank of Scotland … in a fit of rhetorical noblesse oblige about inter-dependency / inter-co-dependency wants the interest rates / financial rent payable by  Irish citizens … Continue reading

Posted in Accountability, Bankers' Bailout, Budget, Debt Default/Restructuring, ECB/IMF, Economy, EU, ireland | Tagged , , , , , , | Leave a comment

Financial Times (Martin Wolf): “Ireland’s fiscal calamity not cause of crisis but consequence”


Via Mish – Martin Wolf, Financial Times – Ireland needs help with its debt: … two partial escapes exist. The more trivial would be a reduction in the rate of interest on Ireland’s borrowing: a 1 per cent reduction in … Continue reading

Posted in Accountability, Bankers' Bailout, Budget, Debt Default/Restructuring, ECB/IMF, Economy, Elections, EU, Euro / Sovereign Money, Geopolitics, Housing Bubble, Ideology, Independence/Nationalism, ireland, Solutions | Tagged , , , | Leave a comment

Financial Times: Enda Kenny’s “Useless Compromise… Crucifying the Irish for the sins of their banks”


Via Politics.ie – Financial Times Editorial – Ireland’s winter of discontent: Enda Kenny, Fine Gael’s leader and presumptive taoiseach, claims he will renegotiate the deal. The likely outcome is a face-saving but useless compromise: in return for a lower interest … Continue reading

Posted in Accountability, Bankers' Bailout, Budget, Debt Default/Restructuring, ECB/IMF, Economy, Elections, EU, Housing Bubble, Ideology, ireland, Solutions | Tagged , , | 2 Comments

“In-con-ceiv-able!” – Wall Street Journal, Financial Times, Gurdiev, Kazakhstan, side with Martin Ferris (Leo Varadkar versus the World – 11)


While Fine Gaelers like “Lord” Varadkar, “High” Noonan and “Where’s” Kenny (along with their fellow travellers in Fianna Fáil like “MyHome.ie” Martin) are publicly sneering about the impossibility of debt-bondage restructuring championed by Sinn Féin, maybe one of these high-and-mighty … Continue reading

Posted in Accountability, Bankers' Bailout, Budget, Debt Default/Restructuring, ECB/IMF, Economy, Elections, EU, Geopolitics, Housing Bubble, Ideology, ireland, Leo Varadkar versus the World, Solutions | Tagged , , , , , | Leave a comment

Irish Times: It Wont’ Work – Just Reject Guarantees & Default


From the Irish Times (“Wolfgang Münchau is an associate editor and columnist of the Financial Times , and president of Eurointelligence ASBL, http://www.eurointelligence.com.”) – Will it work? No. What can Ireland do? Remove the bank guarantee and default: Revoke the … Continue reading

Posted in Bankers' Bailout, Budget, Debt Default/Restructuring, ECB/IMF, Economy, EU, Euro / Sovereign Money, ireland, Leo Varadkar versus the World, Solutions | Tagged , | Leave a comment

Financial Times: Ireland Should Leave The Euro


From Megan Greene (Ireland analyst at the Economist Intelligence Unit) in the Financial Times (Note – requires free registration for entire article, and only allows limited views per month; however you can also use a disposable proxy email to re-register … Continue reading

Posted in Bankers' Bailout, Budget, Debt Default/Restructuring, Economy, Elections, EU, Euro / Sovereign Money, Ideology, ireland, Solutions | Tagged , , | Leave a comment