Greece has been adopted as a cause célèbre by euro sceptics who have portrayed the debt situation as an example of EU and ECB bullying, an assault on democracy and the Greek people. This is quite natural, politics is...

Death of TTIP

Last year I outlined my unease at the prospect of a TTIP agreement, simplistically a trade bloc deal between America and the EU. The concept was unpopular with many but, as I wrote at the time, probably not for...
They Voted Leave The BREXIT referendum is over, more emotion than information sadly and much nonsense talked about economics, so a few pointers to hopefully throw some light where none has been hitherto. Let us look at some numbers but...
Most people get about their business dealing with the currency of their country or zone. Pounds, euros, yuan, yen, they know if they visit the United States it would be dollars. Everyone understands that world commodities are traded in...
Offshore, What’s it All About? There is much in the news at the moment about offshore companies, tax avoidance and tax evasion. There is no merit in exploring tax evasion which is a crime, and needs to be dealt with...
What is a ‘common currency’? It is frustrating to hear Eurosceptics argue that the common currency is the source of Europe’s woes, there are indeed many causes but the euro is not one of them. I have already written a...
Gross Domestic Product (GDP) is a Figment of the State’s Imagination You draw up your chair, you switch on the telly and tune into the news. It is all very authoritative, delivered in a manner that brooks no contradiction. Fact...
There has been more wailing and gnashing of teeth this week because Google has not paid its ‘fair share’ of tax. We heard much the same about Starbucks & Amazon, it’s a story that comes around every few months...
Youth unemployment in Western Europe and the Anglosphere appears to be becoming chronic. A bit like that summer cold that just won’t go away, yet it is not a global phenomenon. Some of the causes must be assessed. They...
I tried to explain the role of money in an earlier article, I now make an effort to explain what the ECB is up to. Of course that is no different to what any other central bank is up...

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