Philipp Bagus and Alasdair Macleod on Europe, inflation, and gold
byFrom GoldMoney.com: In this video Philipp Bagus, Assistant professor of Economics at Madrid’s Universidad Rey Juan Carlos and author of The Tragedy of the…
The nightmare after Christmas
byThe pathetic state of the global financial system was again on display this week. Stocks around the world go up when a major central…
Still crazy after all these years
bySo, here we are, drawing to the close of another year and still we struggle with the legacy of the last Boom, still we…
Government vs private investment
byThose of you based in London hopefully know that I have a regular column in City AM each Tuesday. Last week I discussed government…
Via Bloomberg: Kerr says euro woes may prompt return of gold standard
byFollowing his recent paper The law of opposites: Illusory profits in the financial sector, TCC Advisory Board member and founder of Cobden Partners Gordon Kerr appeared…
Eurozone government defaults looking certain
byFor some time I have taken the view that rescuing eurozone governments from their financial crises was too big a job for the European…
Cameron chose well
byThe markets are telling us that there is a painful abscess in Europe, with the Euro at its core. We believe it is driving…
The end of the EU
byLast Friday, David Cameron came back from Brussels having rejected proposals to draft a new European Union treaty, having failed to get promises of…
Last week in Europe – Some thoughts on the ongoing crisis
byApologies to my readers that no new contributions have appeared on the Schlichter Files for two weeks, and in particular that I did not…
The euro as saviour from an inflationary fate?
byDuring the current crisis, it is difficult to see the benefits of the euro. While it is increasingly seen as the cause of most…