There's a good dialogue going on over at the blog last week about "What's Next?", with Paul P and Paul W debating whether economist Carlota Perez is right or wrong in her view that this crisis reflects the restructuring of the world's economies thanks to the network revolution. Bearing in mind the old comment: Q: …
The Banker magazine hit the mark again this month with a research report on CEOs views. During February and March, they surveyed 87 bank CEOs across Western (6.5%) and Eastern (15.6%) Europe, North (5.2%) and South (14.3%) America, Africa (20.8%) and Asia (23.4%). The figures in brackets are the percentage of CEOs from each region…
The Banker magazine hit the mark again this month with a research report on CEOs views. During February and March, they surveyed 87 bank CEOs across Western (6.5%) and Eastern (15.6%) Europe, North (5.2%) and South (14.3%) America, Africa (20.8%) and Asia (23.4%). The figures in brackets are the percentage of CEOs from each region…
I often look at the Fed's Mortgage Maps of America to cheer myself up(?). Had a look today to see if there were any green shoots, and find that prime and subprime still aren't looking good. Prime customers in default over 90 days compared with six months ago (green means it's getting better, red means…
I often look at the Fed's Mortgage Maps of America to cheer myself up(?). Had a look today to see if there were any green shoots, and find that prime and subprime still aren't looking good. Prime customers in default over 90 days compared with six months ago (green means it's getting better, red means…
I just discovered an interesting part of The Economist I never knew existed: the Daily Chart. Yesterday's focused upon how much of the economic stimulus created by governments to get economies moving is going into projects that have green credentials. Here's the chart: Interesting. The day before was how much protest has taken place at…
In a shocking slap-in-the-face to anarchists and anticapitalists everywhere, bankers staged their own candlelit vigil outside the G20 meeting at the Excel Centre overnight. With all the extremists locked up safely in bed, the bankers gathered in a large crowd chanting things like “we want our bonuses and we want them now”, as well as…
