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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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“Left to themselves, the Europeans run the risk of becoming absorbed by their internal social concerns. Europe’s economic recovery has obscured the longer-run costs of its seeming success. These costs are damaging economically as well as politically. The crisis of political legitimacy and economic vitality that Western Europe increasingly confronts – but it unable to… » read more

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“I believe that right now we are sleeping on a volcano … can you not sense, by a sort of instinctive intuition, that the earth is trembling again in Europe? Can you not feel … the wind of revolution in the air?” Alexis de Tocqueville (1805 – 1859)

Posted by financialguy

The more things change, the more they stay the same. While European finances and economies crumble, the battle rages on between Europe and nation states. Witness this week’s Merkozy agreement (for what it is worth, I love that name!). One of the features of their pact is that there will be no eurobonds. This has… » read more

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A story on the BBC website caught my eye this morning. It seems to suggest that the prospect of a German debt devaluation is appealing to some in the German government. Close followers of the eurozone debt debacle will remember the ‘leak’ from the German team negotiating with Greece some months ago that Greece might… » read more

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This week saw FinancialGuy fly in to Brussels to attend the 2011 TEDxBrussels event, held in Bozar. Honestly, the event was excellent and well worth the effort and costs of travel. I can’t lie, there were a number of speakers that seemed desparate to discuss the exact same topic, “singularity”. Most of the attendees I… » read more

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After all that, €1 trillion euros buys a Greek referendum? Is that really the breathing space the world was hoping for? It seems difficult to describe this as anything less than a calamity for the EU, the Euro and especially for Greece. What sort of question should be put to the Greek voters? Do you… » read more

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As someone with a more than passing interest and knowledge in politics, policy, finance and markets, I am less than convinced about the idea of greater fiscal integration amongst EU or eurozone countries. This lack of personal support might be because I am British and we are pretty much born and bred eurosceptics. Or it… » read more

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With yet another summit about the debt crisis looming, is there any hope? A quick scan of the news this morning shows multiple media quoting French Finance Minister Francois Baroin as saying that Europe needs to send a “strong message” about Greece and the Euro. Is that it? A strong message??? The time for a… » read more

Posted by financialguy