FinancialGuy Writes!

In recent weeks I have been reading one of the classics of power, Chimpanzee Politics by Frans de Waal. Firstly, it is superb and I can recommend it highly to anyone that has any interest in human development, primates, politics or strategy. What follows are some thoughts I had whilst reading. When written down, none… » read more

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On 23rd December 2015 I published this post forecasting a very good year for the price of Bitcoin. At the time, I quoted 1 BTC = 401.93 (Bid) and 402.87 (Ask) euros on Kraken. The current price on the exchange Kraken is 509.45 (Bid) and 509.50 (Ask) euros, which is a gain of 26.5%. In… » read more

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“There is a good review in today’s FT of the book ‘The Euro’ by the estimable Joseph Stiglitz. Martin Sandbu, the reviewer, notes Stiglitz’s contention that the Euro was ill conceived and doomed from the outset. However, Sandbu is very appreciative of Stiglitz’s critique of the various policy decisions which have been taken around the… » read more

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In recent days the pace of debate about Brexit has intensified on social media. FinancialGuy has been genuinely trying to resist the urge to get involved, but a couple of days ago I gave in. Below are screenshots of a conversation between me and someone commenting on a friend’s facebook wall. The names have been… » read more

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For some time I have been convinced that the Brexit vote will easily be won by the “remain” camp. After a recent trip to the UK I am feeling much less bullish… There were some good reasons for my confidence: – the economic case for the UK to stay in the EU seems to be… » read more

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There is a battle of wills underway in Malta. The current Labour government has faced many accusations of incompetence and corruption in it’s short time in power, but without hard evidence, they remain just accusations. Recently however, those accusations have stepped up several notches. Malta really only has four sources of written news reporting –… » read more

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On Friday the UN Working Group on Arbitrary Detention agreed that Julian Assange has been arbitrarily detained. For me, this whole situation is fascinating and rather than try to offer a profound insight, I am simply going to ask a couple of questions, out loud. Question One Why has Mr Assange not become an Ecuadorean… » read more

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The Ashley Madison 14

Honestly, what government employee is so stupid that they use their work email address to sign up to Ashley Madison? According to EurActiv, the answer to that question was 14. Not being married or living with anyone I have never personally had a need to “cheat” so have no first hand experience with the site.… » read more

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I’m sure that many of us are watching the escalating cluster f*&k that is the negotiations between the Troika and Greece with amazement. It is as if both sides are desperate to prevent a deal. (I recently wrote about it here and here). My question is simple, what if Greece does not want to find… » read more

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Posted by financialguy