By Ludger Schuknecht, chief economist of the German Federal Ministry of Finance. The European Commission’s latest centralisation project for the eurozone is called the European deposit insurance scheme. Dubbed „EDIS“ in Eurospeak, it is intended to complete the European banking … Weiterlesen
Gary Gorton is one of the most influential and renowned experts on the financial crisis. He explains the subprime disaster and the subsequent financial crisis as an unobserved bank-run on repo and asset-backed securities. He speaks about bad regulation, the importance of information insensitive debt and the future of the banking industry.
By Alexander Armbruster
From time to time, Hedge Fund Manager Stephen Jen from London writes comments about the world economy and financial markets. Here is his newest, extraordinarily juicy analysis about the Euro. Weiterlesen
Never waste a good crisis: We heard this sentence often in the subprime crisis, but we rarely hear it today. It seems time to call it into memory. By Patrick Bernau Weiterlesen
Germany is being criticized for its trade surplus. Let's not forget: Deficits are more hazardous than surpluses. By Patrick Bernau Weiterlesen