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Writing the wrongs of the financial crash

By Ian Fraser Published: Sunday Herald Date: August 25th, 2013 FOUR decades of laissez-faire policies have left Britain as a deeply indebted and uncompetitive economy that is unable to pay its way in the world and incapable of rediscovering its economic mojo, according to a number of economists and speakers at the Edinburgh International Book Festival last […]

August 25th, 2013 | Posted in Article Library | Read More »

François Hollande, the eurozone’s unlikely Thatcherite

By Ian Fraser Published: Qfinance Date: November 26th, 2012 Many of François Hollande’s predecessors as French president have publicly stressed the need for structural reforms – for example plans to raise the pension age, or measures to free up France’s labor market – but balked before implementing them. It happened to ex-president Jacques Chirac, who shelved plans for […]

November 26th, 2012 | Posted in Article Library,Blog | Read More »

Dear David Cameron: Entrusting economic policy to ex-investment bankers is no solution

September 7th, 2012 When David Cameron reshuffled his cabinet earlier this week, the arrival of a trio City of London bankers and consultants at Her Majesty’s Treasury went almost unnoticed. The three men are Paul Deighton, a former Goldman Sachs partner and chief operating officer for Europe (pictured above), Sajid Javid, a former global head of credit […]

September 7th, 2012 | Posted in Blog | Read More »

Soros: The Germans must show “leadership” or the euro is toast

By Ian Fraser Published: Qfinance Date: June 7th, 2012 George Soros caused quite a stir when, in a remarkable 4,400 word speech at the Festival of Economics at Trento, north-eastern Italy on Saturday June 2, he outlined the unpalatable choice that now faces Europe. With a Greek exit looming and the Germans resolutely ignoring Spain’s pleas for […]

June 7th, 2012 | Posted in Article Library,Blog | Read More »

George Soros: Germany and the Bundesbank have three months to save the euro

By George Soros Remarks at the Festival of Economics, Teatro Sociale, Trento, Italy June 2, 2012 Ever since the Crash of 2008 there has been a widespread recognition, both among economists and the general public, that economic theory has failed. But there is no consensus on the causes and the extent of that failure. I […]

June 5th, 2012 | Posted in Blog | Read More »

The real reason banks are so desperate for the ECB to start the printing presses

November 19th, 2011 Ian Fraser’s introduction: This blog was written by Golem XIV, a pseudonym for filmmaker and author David Malone. David’s core argument is that banks, not governments, are to blame for the current eurozone sovereign debt crisis. While there are some serious omissions — the article does not mention the flawed nature of […]

November 19th, 2011 | Posted in Blog | Read More »

Cannes summit failure leaves euro on borrowed time

By Ian Fraser Published: Sunday Herald Date: November 6th, 2011 Nicolas Sarkozy had hoped to use his time as head of the G20 to achieve lofty goals like rethinking the global financial system and tackling commodity price volatility. But the French president has ended up doing little other than fire-fighting and his tenure may yet […]

November 7th, 2011 | Posted in Article Library | Read More »

It’s dawning on policymakers that letting bankers take the wheel means the economy gets driven into a cul-de-sac

August 22nd, 2011 There are eerie parallels between the continuing precipitous falls in the shares of  European and UK banks and the stomach-churning gyrations seen in September and October 2008. And it’s kind of ironic that one of the biggest fallers, Barclays, bought Lehman Brothers before superimposing its own investment banking logo on the failed […]

August 22nd, 2011 | Posted in Blog | Read More »

Europe’s short selling bans suggest the lessons of 2008 have gone unlearnt

By Ian Fraser Published: QFINANCE Date: August 12th, 2011 The temporary short selling bans that have been imposed by Belgium, France, Italy and Spain in the hope of rooting out perceived market abuse and trying to restore a semblance of calm to volatile financial markets have gone down like a lead balloon in the markets. Investors, industry […]

August 12th, 2011 | Posted in Article Library,Latest Articles | Read More »

As markets nosedive, it’s clear the Smurfs are a danger to capitalism

August 4th, 2011 It must have seemed a good idea at the time. The Smurfs were welcomed by the New York Stock Exchange on Wall Street last Friday, July 29th, to ring the opening bell. This may have been a good move for Sony Pictures, which has a movie to plug but it has turned […]

August 4th, 2011 | Posted in Blog | Read More »