The Great Debate UK

from MacroScope:

Should central banks now sell gold?

July 5, 2010

Central banks in debt-strapped countries have a golden opportunity ahead of them, if you will excuse the pun, to help their countries' finances by selling their yellow metal holdings.

A history lesson for lenders

June 9, 2010


-Laurence Copeland is a professor of finance at Cardiff University Business School. The opinions expressed are his own.-

Sovereign default risk, fact or fiction?

May 14, 2010

-Jane Foley is research director at The opinions expressed are her own.-

You could not make this stuff up

May 12, 2010

-David Kuo is director at the financial website The Motley Fool. The opinions expressed are his own.-

Eerie calm before Britain’s election

May 5, 2010

– James Saft is a Reuters columnist. The opinions expressed are his own –

To look at sterling and gilts, you would hardly know that Britain is sailing into a general election which will likely deliver a weaker government with a diminished ability, if not will, to grapple with high debts, an uncertain role in the global economy and an aging population.

Mood of cautious optimism in owner-managed business sector

April 26, 2010

-David Rankin is managing director of business advisory, tax and assurance at Vantis. The opinions expressed are his own.-

from Breakingviews:

Greek agony must galvanize the euro periphery

April 23, 2010

The emergency numbers are ringing. Greek 10-year debt yields are ballooning to well over 8 percent. The country cannot sustainably finance itself. The debt of other troubled euro zone countries -- Portugal, Spain, Ireland and Italy -- is vulnerable to contagion. Help for Greece from the International Monetary Fund and European Union can't come too soon. But the probable rescue must be a spur not a salve, in Greece and outside it.

Three big myths about public sector cost-cutting

By Andrew Wileman
April 13, 2010

Wileman- Andrew Wileman is a independent business consultant and writer, most recently writing about cost management in the private and public sectors in “Driving Down Cost” (Brealey Publishing). The opinions expressed are his own. –

from Global News Journal:

If Greece’s debt dam breaks, who gets wet?

April 13, 2010

The 16 countries that share the euro single currency have agreed they will help Greece out if it needs. So far so good. But only now is the nitty-gritty of how member states will go about paying for their contributions being hammered out. And suddenly things are getting a little complicated.

from Breakingviews:

How to tell you’re not Greece — yet

April 12, 2010

By Rob Cox and Agnes T. Crane

Greece may be enviable as the ancient cradle of democracy -- but no country wants to emulate its contemporary fiscal troubles.