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Alasdair Macleod is the Head of Research at Goldmoney.
Cronyism and CorporatismGlobal EconomyMoney and Banking
Existing political tensions within the EU are certain to escalate as the EU falls behind in global economic power, and Brussels, hooked on profligacy, for the first time faces budget cuts.
Financial MarketsGlobal EconomyU.S. Economy
It is challenging to see how governments can escape from their debt traps when interest rates rise above the levels currently forecasted.
Financial MarketsGlobal EconomyMoney and Banks
Italy’s problems are yet to descend into a Greek-style crisis, but that is the direction of travel. And Italy is far more serious than Greece because of its sheer size.
Money and Banking
When we blame the euro for Europe's ills, we're letting politicians and central bankers — who have only ever viewed the euro as a stepping-stone toward their grand objectives — off the hook.
The stage has been set for a global credit crisis. And the Eurozone is a time-bomb waiting to happen.