Author Archives: bill

The Weekend Quiz – June 4-5, 2016 – answers and discussion

Here are the answers with discussion for this Weekend’s quiz. The information provided should help you work out why you missed a question or three! If you haven’t already done the Quiz from yesterday then have a go at it … Read the rest of this entry »

Posted in Saturday quiz | 1 Comment

The Weekend Quiz – June 4-5, 2016

Welcome to The Weekend Quiz, which used to be known as the Saturday Quiz! The quiz tests whether you have been paying attention over the last seven days. See how you go with the following questions. Your results are only … Read the rest of this entry »

Posted in Saturday quiz | 1 Comment

Dirty deals by trade unions and minimum wages in Australia

The headline this morning in the Fairfax press yesterday (June 1, 2016) – Sacked for having a cup of coffee on the job – was about a low-wage cleaner in Australia won a case in the Fair Work Commission (a … Read the rest of this entry »

Posted in Labour costs | 12 Comments

Australian national accounts – growth on back of volatile exports

Today, the Australian Bureau of Statistics released the – March-quarter 2016 National Accounts data – which showed that real GDP grew strongly by 1.1 per cent in the three months to March 2016 (up from 0.6 per cent in the … Read the rest of this entry »

Posted in National Accounts | 3 Comments

Iceland proves the nation state is alive and well

On May 27, 2016, Statistics Iceland (the national statistical agency) released the news – Iceland economy to grow by 4.3% in 2016. The nation is enjoying strong household consumption and investment growth and tourism is driving export growth. Inflation is … Read the rest of this entry »

Posted in Demise of the Left, Eurozone | 23 Comments

ECB’s expanded asset purchase programme – more smoke and mirrors

On January 25, 2015, the press release heading read – ECB announces expanded asset purchase programme. The ECB had decided to ramp up its quantitative easing (QE) program by adding “the purchase of sovereign bonds to its existing private sector … Read the rest of this entry »

Posted in Central banking, Eurozone | 5 Comments

The Weekend Quiz – May 28-29, 2016 – answers and discussion

Here are the answers with discussion for this Weekend’s quiz. The information provided should help you work out why you missed a question or three! If you haven’t already done the Quiz from yesterday then have a go at it … Read the rest of this entry »

Posted in Saturday quiz | 4 Comments

The Weekend Quiz – May 28-29, 2016

Welcome to The Weekend Quiz, which used to be known as the Saturday Quiz! The quiz tests whether you have been paying attention over the last seven days. See how you go with the following questions. Your results are only … Read the rest of this entry »

Posted in Saturday quiz | 5 Comments

Austerity is killing off the hopes of our youth

Sometimes, it is almost as if I have to pinch myself to establish that what I am reading is not a dream. A few reports lately have had that effect, not the least being the latest IMF report – Debt … Read the rest of this entry »

Posted in Eurozone, IMF | 18 Comments

The US government view of the 1976 sterling crisis

This blog continues the discussion of the British currency crisis in 1976. Today we discuss the way the US government was constructing the crisis. They had previously seen Europe in terms of military and political threats and had clearly developed … Read the rest of this entry »

Posted in Demise of the Left, IMF, UK Economy, US economy | 1 Comment