A group of Friends writing their real opinions and sharing it with the world.
Dear America , Even though we don’t always wish to admit it, your cultural footprint is staggering, impacting us and the rest of the world in many ways. We communicate in English wherever we travel and we all have a romanticised view of the southern accent....
Read moreThe IMF has raised concerns relating to the expectation that European Banks will drastically reduce their balance sheets. The fear in short is that banks are expected to tighten credit facilities and off load securities, thereby reducing their balance...
Read moreTell Greeks that there is no such thing as bad publicity and they will most likely disagree. A country contributing only 2% of Europe’s GDP is receiving a disproportionately large share of global media financial coverage and unfortunately for all the...
Read moreOver the last 18 months this Euro crisis has had its ups and downs, but the story remains the same: Every time Europe takes a step in the right direction it takes several steps in the wrong direction. Yesterday’s impressive Spanish and Italian bond sale...
Read moreIn the recent European Union summit, discussions circulated primarily around hard budget deficit rules and the proposal to introduce a “deficit limit”. For some reason it is generally accepted that government deficit’s and spiralling government debt levels...
Read moreMr Sarkozy inherited a large and diversified French economy with strong domestic demand and high productivity levels. Mr Sarkozy’s inability to tackle labour market rigidities and his unwarranted spending policy to the financial crisis has caused French...
Read moreAt its time of establishment, the Economic and Monetary Union (EMU) was political driven and not economically driven. A number of economists predicted the EMU's current problems twenty years ago, if only we had listened then... Earlier this week Italy...
Read moreThe IMF are informing China how to run their banks whilst President Obama is busy telling the Chinese government to devalue their currency faster and start acting like a “grown-up”. Meanwhile, Italy continues to have €1.9 trillion of outstanding debt...
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