Post Tagged with: "Ambrose Evans-Pritchard"
Will the global recession end the Euro?
Ambrose Evans-Pritchard of the Telegraph in London is one of the more interesting reporters on the business scene. In today’s Telegraph, he chronicles the depth and breadth of the global slowdown now taking form. However, the crux of his article revolves around Spain and the sharp downturn they have experienced. While his article suggests Spain’s
WIll the ECB incite the Armageddon scenario?
Update 4 Jul 2008: see a fuller answer to this question at my new post: The ECB is right and the Fed is wrong That’s the question Ambrose Evans-Pritchard addressed in his blog yesterday. I am firmly in the deflationist camp, meaning systemic risk from credit contraction is the most frightening risk for our economies.
BIS warns of worsening credit crisis and deflation
Ambrose Evans-Pritchard writes in today’s Telegraph of the BIS annual report, which is unusually cautious about the global economy. His article makes for sobering reading. Bill White, the departing chief economist at the BIS, in writing his last annual report before departure. has warned that this financial crisis is the worst since the Great Depression
Forget Inflation, debt deflation is the real threat
It has been my assertion for some time that writedowns and the attendant unraveling of the financial system is the most troubling problem during this credit crisis. This process is deflationary by its very nature because credit contracts. Ambrose Evans-Pritchard at the Telegraph has written a great article highlighting just this fact. His post, entitled