I started writing the blog in the early summers of 2008 with the intension of sharing views on the global financial markets and macroeconomics:- In the autumn of 2008, the banking sector collapsed with remarkable rapidity. It seemed that every weekend something remarkable happened, from the demise of Lehman Brothers, through the sale of Merrill Lynch to Bank of America, the rescue of AIG and so on. My initial post FAIRY TALE OF INVESTMENT BANKING in 2008

In contrast the euro zone crisis has unfolded in slow motion so we all feel a bit battle-weary, like First World War soldiers; if we date the problem to the start of 2010 . There is the same feeling that Continue reading