Tag: "Cyprus"
When the Music Stops23rd June 2013
Every time I raise sincere doubts, they have a habit of coming to pass, and to do so pretty quickly. I'm not claiming a track record here, and I'd rather be right about good news, but lets aim to keep the run of fortune running. Having called the trouble in Cyprus (see here) a few weeks before it happened, a fortnight ago I blogged that "...the big debate over inflation versus deflation is not yet concluded, and the powers that be may simply have done a great job of sustaining the
Be Prepared: The Game Has Changed8th April 2013
Spring is in the air, and my daffodil bank has been having a terrific year, indeed the best for some time. Bulbs are clever things, storing their energy to create an annual flush of pleasure, before quietly regrouping, replenishing their reserves in preparation for the next, even stronger, annual flush. But away from nature, mankind has been playing, and carefree economics is causing casualties, as we forget to replenish our reserves. Spring carried a bitter economic twist for Cypriots. For
Surprised by Cyprus? You shouldn’t be25th March 2013
If we are ever to understand opportunity and risk, we need to think for ourselves, and think well outside of the box. Or perhaps in Cyprus' case the holiday suitcase. The mainstream does none of this, stuck in silo thinking all of its own making, so no wonder they get surprised by events. If one can ever take satisfaction from a disaster, I was quietly pleased to have blogged on 20th February "the next default ... Cyprus ... a bail-in of bank depositors ... queues forming outside the doors