Category: Malcolm Blair Robinson

Euro Troubles: Is Germany To Blame?

January 27, 2015 By Malcolm Blair-Robinson

In part yes, but yes is too simple an answer. In order to gain French support for unification of the two halves of Germany (the French were very nervous and others including the Brits were none too keen) Germany agreed to the French idea of a single currency and an EU constitution. The constitution failed to […]

Greece: Now the Euro Reckoning.

January 26, 2015 By Malcolm Blair-Robinson

The Greek election outcome is as realists predicted and much worse than the bankers in Frankfurt hoped for. It also makes manifest the oldest rule of all, regularly forgotten in time of plenty by the minority to whom the majority of the plenty flows. It is this. There is a social limit to economic policy and that limit has been […]

Euro Billions

January 23, 2015 By Malcolm Blair-Robinson

There has been very little commentary on this rather historic decision by the ECB to pump a trillion plus of new money into the Eurozone. It will make a difference but it may well inflate assets and make the rich richer, without finding its way into the base of the euro economy where it is […]

Greece To Decide

January 22, 2015 By Malcolm Blair-Robinson

On Sunday Greeks will go to the polls to elect a new government. Generally Greece is thought to be the basket case of the Eurozone with borrowing out of control, whilst reluctant to reorganise its economy to be more productive so that it can pay down its debts and improve its living standards. Such is […]

Obama Is Right

January 21, 2015 By Malcolm Blair-Robinson

I will just remind new readers, as regulars already know, that I have sympathies and leanings to aspects of both the republicans and democrats, so my allegiance varies by issue. I thought President Obama gave a bravura performance in his State of the Union address. He appeared more confident than of late and clearly senses […]