I’ll be completely offline in the coming week, going to Northen England in order to breathe some fresh air and disconnect a bit from all this euro crisis mess. Let’s hope the World does not collapse by then… I leave you with this inspiring quotation of the French author Boris Vian: The truth is not on the side of the […]
Archive forMay, 2012
Boiling links
May 28th, 2012 | by Stanislas Jourdan | published in Boiling Links | Leave A Comment »
Irish dodge debts through UK ‘bankruptcy tourism’ Defence may be a public good. Military spending isn’t. The dirty dozen of Ireland How Greece Will Drag Down Europe And Refuse To Leave Europe is at risk of War Happy reading!
Meanwhile in Ireland: mortgage arrears still growing
May 28th, 2012 | by Stanislas Jourdan | published in Warning signs | Leave A Comment »
While everyone is talking about Grexit, and all eyes are looking at Spain, more and more Irish people find it hard to repay their mortgages, which is a very bad sign of the inexistence of any sustainable recover of the irish economy.
Boiling links
May 22nd, 2012 | by Stanislas Jourdan | published in Boiling Links | Leave A Comment »
Two dangerous Myths about a "Grexit" Greece: here come the vulture funds Prison slaves in China Eurozone exposures to Greece charted Welcome to the Age of Dilemma The Jamaicanisation of the eurozone Happy reading!
A run on the spanish banks?
May 21st, 2012 | by Stanislas Jourdan | published in Warning signs | Leave A Comment »
Is there a bank run on the Spanish banks? According to El Mundo, Bankia’s customers did withdraw 1bn euros on a single day last week (the information was then denied by spanish officials). True or not, these allegations are a good opportunity to have a look on the long-term evolution of the deposits in Spain.
Boiling links
May 20th, 2012 | by Stanislas Jourdan | published in Boiling Links | Leave A Comment »
Iceland Emerges as an Island of Recovery Catastroika: privatization goes public (must see) Building the Next Facebook a Tough Task in Europe (New York Times) How Keynes would solve the eurozone crisis Spain: “Neighbor, Wake Up, Foreclosures at Your Doorstep!” (Global Voices) Happy reading!
Five wrong arguments against a Greek exit
May 18th, 2012 | by Stanislas Jourdan | published in Crisis routine | Leave A Comment »
Should we fear the possibility of Greece to exit the eurozone? This is the opinion of many commentators, journalists and economists. But their arguments are often made of fallacious analysis based on poor knowledge of the situation.
European banks lifeline round up – march 2012
May 17th, 2012 | by Stanislas Jourdan | published in Warning signs | Leave A Comment »
As the crisis deepens, europeans banks are increasingly relying on central banks. What does it mean for the real economy?
Boiling links
May 16th, 2012 | by Stanislas Jourdan | published in Boiling Links | Leave A Comment »
The Death of Inflation Targeting Basic income – an idea to bring stability to our economies Why crowdfunding threatens traditional bank lending Student Loans Weighing Down a Generation With Heavy Debt Why Greece Needs to Leave the Euro Zone (Der Spiegel) Happy reading!
The squeaky problem of the greek silent bank run
May 16th, 2012 | by Stanislas Jourdan | published in Crisis routine, Warning signs | 1 Comment »
With the crisis, greek banks have been suffering from huge deposit flight. Official figures show that at least 80 billion euros have been moved abroad since 2009. What consequences for the greek economy? And how to address the problem?
