Monthly Archives: December 2011

How the West Went Bust

In the teeth of the worst financial crisis in living memory, BBC business editor Robert Peston examines how the world got to this point and how the collossal imbalances in the global economy have left the UK in need of … Continue reading

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Manager Michael Platt expecting a credit crunch in 2012 ‘worse than 2008’

The Founder of one of the world’s largest asset managers, the $30 billion hedge fund  Blue Crest Capital, Michael Platt, spoke to Bloomberg yesterday about why present conditions are “worse than 2008” and why he is out of risk assets … Continue reading

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Euro: hell bent for par?

Good big picture update on Euro trends in this chart.  Weaker Euro will be better for her members’ struggling exports.  Worse for European people and companies who owe money in foreign currencies and worse for the rest of the world … Continue reading

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