Macronomics

Personal comments on Macro trends, Macro news and views. All rights reserved. Disclaimer: Information provided on this blog does not constitute a recommendation or advice to purchase any investment, product or service listed or mentioned on this blog. Information displayed on this blog is not intended as specific investment advice and should not be relied on for making investment decisions.

Showing posts with label Venezuela. Show all posts
Showing posts with label Venezuela. Show all posts
Thursday, 22 July 2010

"I promise to pay the bearer on demand..." - Panics and Populism.

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From the Bank of England's website: http://www.bankofengland.co.uk/banknotes/about/faqs.htm#2 "The words "I promise to pay...
Saturday, 30 January 2010

About Sovereign risk in 2010 and about the risk of Stagflation à la mode 1970...

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In December last year when I first wrote about Greece, CDS 5 year was trading around 260 bps. Now CDS 5 year is trading above 400 bps, and t...
Sunday, 10 January 2010

2010: Happy New Year and welcome to the New Normal

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Happy New Year to all of you and welcome to the new normal economy in 2010. In the new economy, unemployment levels are going to stay high...
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