Tag Archives: Eurozone

Gloomy Data?

Yesterday I posted my impressions of the economy in China.  While I saw clear evidence of booming consumption in Beijing, this seems to be supported by deep inequality and a scramble for ‘grey’ (off -the-books) income rather than by broad … Continue reading

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Beware of Germans bearing Gifts

The Greek tragedy drags on, with subplots and anguish worthy of Euripides. Having taken extreme measures to reign in government spending and raise revenues, the Greek government expects to be rewarded with 130 billion Euros in aid.  Yet now the … Continue reading

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