BankingBritain’s pro-EU left is in total denial about the hard-right conquest of EuropeJune 30, 202343Sir Keir Starmer is not trying to pursue such radical goals, but he would still have to deal with the...
MoneyPutin no longer has the money or the kit to sustain a high-tech modern warJune 1, 202351The International Energy Agency says Russian Urals crude traded at average of $52 over the first quarter, half the level...
BankingEurope’s credit crunch will be the next chapter of this banking crisisMay 5, 202326To which one can only retort: thank heavens for that.If anything does go wrong – and there is a high...
BankingHalf of America’s banks are potentially insolvent – this is how a credit crunch beginsMay 2, 202337First Republic lends to technology start-ups, but it chiefly came unstuck on commercial real estate. It will not be the...
CurrenciesIt is a very long time since I felt so optimistic about UK’s economic futureApril 25, 202344It is perhaps a minor detail in the blossoming rapprochement between London and EU capitals, but such detail is more...
BankingCentral banks are fighting the wrong war – the West’s money supply is already crashingFebruary 8, 202395It is not just the monetarists who are fretting, though they are the most emphatic. To my knowledge, three former...
BankingJapan’s Christmas bombshell risks setting off another European credit crunchDecember 22, 202232The AAA stalwarts such as Germany or The Netherlands will have no trouble borrowing – yields may fall as recession...