This Time It Really Is Different!
In an interview with Bloomberg Markets, Carmen Reinhart and Kenneth Rogoff make some convincing arguments why they believe that the global economy will take significantly longer to recover from the…
Airline dominos starting to fall!
Lower Passenger Capacity Going Forward As widely expected there has been an increase in the number of airlines entering bankruptcy proceedings. The CDS market is indicating that Americal Airlines may…
Round two, the ECJ comes out fighting!
In a rare and strongly-worded statement, in reaction to the German Constitutional Courts ruling, the ECJ affirmed its sole “jurisdiction to rule that an act of an EU institution is…
German Court Decision Threatens to Upend the EU Legal System!
The German constitutional courts decision to set aside the ECJ's 2018 decision has enormous implications for the principle of primacy of EU law over national law. This potentially has huge…
China and the US, The New Sleepwalkers?
A timely article from The Irish Times outlines a decidedly negative turn in geopolitics which is currently taking place. Diplomatic and military sabre-rattling on the Chinese side is countered by…
The 90% economy that lockdowns will leave behind
An interesting article in The Economist that suggests that the post-crisis economy that is currently emerging will be fundamentally different from the one we knew earlier this year. The outlook…