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Germany attacks central bank policy

During the growth years, it became fashionable for politicians to claim that central banks were "independent". But as the current crisis has grown, this has been increasingly exposed as a myth. As the blog noted back in September 2007 , Alan...

Published 5 Jun 2009 6:47 by Chemicals & The Economy

Filed under: Economic growth, central banks, Financial Events, Leverage, US Federal Reserve, Angela Merkel, Alan Greenspan
Regulators discover gambling in casinos

Last week, the blog didn't know whether to laugh or cry when Alan Greenspan told Congress that he was "in a state of shocked disbelief" to find that that his self-regulation policy for banks had failed. Gretchen Morgenson of the New York...

Published 27 Oct 2008 12:38 by Chemicals & The Economy

Filed under: Financial Events, credit crunch, M & A, Leverage, Alan Greenspan
The global stock market decline

Alan Greenspan's comments ( below ), led the blog to investigate how the world's major stock markets had moved since their recent peaks. All, as shown in the chart, are now in bear markets. Stock markets often forecast economic developments 6...

Published 18 Sep 2008 14:02 by Chemicals & The Economy

Filed under: USA, China, UK, India, Brazil, Economic growth, Oil markets, Currencies, Japan, Financial Events, M & A, Leverage, global downturn, Russia, Alan Greenspan

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