by Andrew White | April 30, 2013 | Comments Off
You have probably seen a few headlines in the last couple of weeks concerning the “error” made by Reinhart and Rogoff in their spreadsheet calculation that had suggested countries with national debt approaching 90% of GDP would tend to experience lower growth (than those with lower debt). Apparently their research was fodder for some countries [...]
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Category: Business Intelligence Business Process Management (BPM) Data Quality Economy Tags:
by Andrew White | April 24, 2013 | Comments Off
After summarizing the fatal flaw in the Euro project earlier this week (“Conflict Inherent between IMF, France and Bundesbank positions…oops!”, I saw a fine article in the WSJ that captured the impact of the situation. The article, starting on the front page no less “Inside Merkel’s Bet on the Euro’s Future”, is 2/3rds of a [...]
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by Andrew White | April 22, 2013 | 1 Comment
Three articles, a day apart, in the Wall Street Journal, highlight the gap between views of policy between IMF and the Bundesbank. This gaps highlight the major difference in views expressed by many political and economic leaders at this time of economic stress. IMF Renews Push Against Austerity – WSJ print edition, April 17, 2013. [...]
by Andrew White | April 19, 2013 | Comments Off
Several articles and new stories in the last week or two demonstrate what a mess the Euro and its supporters are in. There are conflicting messages, directions and outcomes across Europe. And there are no signs of real solutions; and in fact worrying signs that the wrong conclusions will be drawn. Take today’s article in [...]
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by Andrew White | April 17, 2013 | 1 Comment
It is hard to put into words. I wish I had been in London, to mark, to commemorate, Mrs. Thatcher’s passing. I would have clapped, as loud as I could have, as those that lined the funeral procession today. I am like many when I say I am proud of my home nation – but [...]
by Andrew White | April 15, 2013 | 2 Comments
Quite simply the most exciting book I have read in a long, long time. If Hollywood enjoyed the success of Too Big to Fail, this political high drama, of currencies and countries economic clout waxing and waning over many years, could have been block buster. I could not put this book down in the 2 [...]
by Andrew White | April 3, 2013 | Comments Off
I was working hard today for my employer, trying to assist end users be more successful in their undertakings. I pay my bills, on time (most of the time – but I do forget sometimes). I keep credit to a minimum. I follow the law. I’d vote, if my taxes allowed me too (wasn’t there [...]
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Category: Economy Tags:
by Andrew White | April 2, 2013 | Comments Off
Book of the Month (March): The Lost Bank – The Story of Washington Mutual – The Biggest Bank Failure in American History, Kirsten Grind, Simon and Schuster, 2012. Given that I have read widely on the financial crisis that preceded our current economic woes (Bear Trap, Too Big to Fail, Guaranteed to Fail, I.O.U., The [...]
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Category: Economy Tags:
by Andrew White | April 2, 2013 | Comments Off
A segment of my reading effort is going towards understanding the history of credit and debt. I think the desire came from trying to understand our current economic situation, and watching how our “leaders” continue to fumble their way through the mess. In last week’s Economist I spotted a short article about a new book, [...]
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Category: Economy Tags:
by Andrew White | March 14, 2013 | 1 Comment
It has been said before (I blogged on this in 2011) – that to cure the structural imbalances that plague the European project, Germany needs to be more like Greece, and Greece needs to be more like Germany. Well, Germany is being more like Germany right now and this means the structural imbalances between the [...]
Category: Economy Tags:
