Monthly Archives: January 2012

Latest ECB data shows how bad things have become in Euroland

I was reading the recently published January 2012 Monthly Bulletin from the ECB yesterday. It provides a massive amount of interesting data about the developments in the Eurozone plus analysis. The descriptive analysis is fine (this went up, this went … Read the rest of this entry »

Posted in Eurozone | 16 Comments

Greece to leave the Eurozone and become a German colony

The Euro leaders are having another Summit in Brussels today – another one – the 17th in two years. I think they are getting used to the nice wine and sumptuous food that is served up. Little ever comes from … Read the rest of this entry »

Posted in Eurozone | 20 Comments

Saturday quiz – January 28, 2012 – answers and discussion

Here are the answers with discussion for yesterday’s quiz. The information provided should help you understand the reasoning behind the answers. If you haven’t already done the Quiz from yesterday then have a go at it before you read the … Read the rest of this entry »

Posted in Saturday quiz | 3 Comments

Saturday Quiz – January 28, 2012

Welcome to the billy blog 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 known to you and no records are … Read the rest of this entry »

Posted in Saturday quiz | 2 Comments

The US is not an example of a fiscal contraction expansion

Recent data releases suggest that the current economic experience on the two sides of the Atlantic is very different. The latest data shows that the UK economy is now contracting and unemployment is rising as fiscal austerity begins to bite. … Read the rest of this entry »

Posted in Britain, Eurozone, US economy | 6 Comments

Davos – an exercise in denial not solutions

Most of the failed political leaders and their corporate mates are in Switzerland at the moment, presumably wining and dining in fine style and pontificating about what the rest of this need to do next. The sheer preposterousness of the … Read the rest of this entry »

Posted in Economics | 27 Comments

IMF – the height of hypocrisy but still wrong as usual

When I read the latest news from the IMF early this morning I sent out a tweet saying that it was the height of hypocrisy for the IMF now to be trying to reclaim the high ground in the current … Read the rest of this entry »

Posted in IMF | 14 Comments

New central bank initiative shows governments are not financially constrained

On November 16, 2011 by the Australian Prudential Regulation Authority (APRA) published a – Discussion Paper – Implementing Basel III liquidity reforms in Australia – which details how the prudential regulator plans to implement the new Basel III reforms which … Read the rest of this entry »

Posted in Central banking | 8 Comments

Employment fell in December, no it didn’t employment rose – and other apparent inconsistencies

In the last few weeks I have done several radio interviews about the veracity of the labour force data published by the Australian Bureau of Statistics. The pretext has been an increasing awareness among commentators and journalists of an alternative … Read the rest of this entry »

Posted in Labour Force | 5 Comments

Saturday quiz – January 21, 2012 – answers and discussion

Here are the answers with discussion for yesterday’s quiz. The information provided should help you understand the reasoning behind the answers. If you haven’t already done the Quiz from yesterday then have a go at it before you read the … Read the rest of this entry »

Posted in Saturday quiz | Leave a comment