Here’s round two of the links, this time on Europe. It is mostly about the ECB and the rumours about unlimited liquidity. I have already written about this twice today so I won’t say any more. But I will note the Reuters article on how Angela Merkel has a friend in Mario Draghi at the ECB. This article is very much out of character compared to the usual fare we see. It suggests that the pragmatism in both actors pulls them together for common cause despite the perceived differences in agendas. I think it’s a great and perceptive article and probably the best one to read in today’s links.
Slovenia's problems have increased and at the beginning of the last week the yield on its 10-year debt reached 7.5%. Th...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.