Tag

PIIGS

Alan Greenspan predicts the euro’s demise

Italy’s Target2 liabilities hit a new record in August. Then again in September, and November. And again in December. Each time, it made the news. And each time most people who read the headline had no clue what it meant….

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Dear former subjugated,

The EU seems hell-bent on vindicating Britain’s departure. Just consider the selection of the new president of the Eurogroup. The list of finance minister candidates put forward to replace Jeroen Dijsselbloem is hilarious. You had Spain’s Luis de Guindos, because…

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