- These hedge fund numbers can't be right
- The Vomiting Camel has escaped from Bitcoin zoo
- The world doesn't need more Elon Musks
- No, Facebook should not become a nonprofit
- Sell all crypto and abandon all blockchain
- Immutable ledgers meet European data protection
- Amazon is not a bubble
- Japan's economic miracle
- Have you ever meta crypto joke you didn't like?
- Delaware should change its rules to let the light in
- Who needs the labels anyway?
- Baby Boomers want your family to finance a larger share of their retirement
- No, America would not benefit from authoritarian central planning
- No one needs to buy Tesla
- How to win a debate in the cult of meritocracy
- Steinhoff International and the case of Pepkor Global Sourcing
- Sorry Jack, Bitcoin will not become the global currency
- The “academic’s cryptocurrency” is an elegant waste of time
- Cigarettes are the vice America needs
- Well that’s one reason to buy yen…
The IMK is bearish on Germany, and the Telegraph is enthralled.
The following guest post on trends in public investment spending is from Marcello Minenna, the head of Quantitative Analysis and Financial Innovation at Consob, the Italian securities regulator. The views expressed here are his personal opinions and do not necessarily reflect the views of Consob.
In this guest post, Marcello Minenna, the head of Quantitative Analysis and Financial Innovation at Consob, the Italian securities regulator, argues that reforms to the European Stability Mechanism can pave the way for Eurobonds. The views expressed here are his personal opinions and do not necessarily reflect the views of Consob.
Turns out that mishandling a banking crisis and then systematically annihilating the supply of local currency safe assets leads to sustained capital outflows.
HSBC, having just been accused of “possible criminal complicity” in money laundering, must be glad to be fielding questions on a positive clean-up story today, writes Matthew Vincent in FT Opening Quote. This morning, it has promised $100bn of finance for low-carbon technology and sustainable development by 2025 as part of a package of measures to strengthen its commitment to tackling climate change and other “green” goals.
Target2 balances reflect euro area’s potential to be better than traditional exchange rate peg regime
Think of it within the context of the balance of payments as foreign exchange reserves that can never be depleted.
In this guest post, law professors Mark Weidemaier & Mitu Gulati evaluate the risk that euro area sovereign debt could be redenominated into new local currencies. The places to worry about are France and Italy, not Greece. Our work centers around questions related to sovereign debt, and lately we have heard from a number of industry friends who wanted to talk about redenomination risk for Euro area sovereigns.