Category Archives: Financial Crisis

Target2 debate – The ECB finally gets involved

Several months ago, German economist Hans-Werner Sinn stirred a debate about an alleged “stealth …

6 Comments

Filed under Financial Crisis, Monetary Policy, Target 2

A Nobel Prize for the Ancien Régime

Image via Wikipedia

(Please have a look at this post: “Olaf Storbeck smackdown watch, Nobel …

26 Comments

Filed under Financial Crisis, General Economics

"GIPS Euros" vs. "German Euros" – Debunking Hans-Werner Sinn, Vol. II

Hans-Werner Sinn (Image: Jan Roeder, via Wikipedia)

Repeating a wrong argument endlessly does not turn …

41 Comments

Filed under Financial Crisis, Monetary Policy, Target 2

Europe's Austerity Pipe Dreams

Economic history suggests that Europe won’t be able to fulfil its budgetary pledges. A …

12 Comments

Filed under Economic Policy, Financial Crisis

The "PIIGS plus" club on Twitter

Image via CrunchBase

I could not work out who initially started the whole thing, but, …

3 Comments

Filed under Financial Crisis, General Economics

How an arcane statistical law could have prevented the Greek disaster

The EU can use a mathematical law as an early warning system for manipulated …

20 Comments

Filed under Financial Crisis, General Economics

Bankers just don't get it

A new paper sheds light on an amazing learning disability within the financial sector: …

7 Comments

Filed under Banking, Financial Crisis, Regulation

Is there anyone who cares about the stress tests?

Moody’s, the rating agency,  today has  published an interesting analysis about the market reaction …

8 Comments

Filed under Banking, Financial Crisis

The science of haircuts

The Art of Haircuts (illustration by Klaus Meinhardt http://www.klausmeinhardt.de)
In the good old days, haircuts …

8 Comments

Filed under Financial Crisis

EBA stress test: Individual PIIGS exposure for all 90 banks

When the European Banking Authority (EBA) published their stress test results last Friday, they …

13 Comments

Filed under Banking, Financial Crisis