by Deirdre de Burca. Andrew Sheng, who heads up a new global think tank called the Fung Global Institute, made an excellent presentation to the Institute of European Affairs yesterday. He was invited to speak about an Asian perspective on fixing the global crisis by Patrick Honohan, the Governor of the Irish Central Bank. You can download a PDF version of the slides that accompanied Sheng's presentation from here.
The number of farms in Europe fell by a massive 20pc between 2003 and 2010, according to the latest EU agricultural census. This appears to be indicative of a move by rich elite into real resource investment. The most vulnerable economies have had the greatest 'consolidation'.
Marshall Auerback on Germany's choices and the likely outcome. So whilst many Germans might think they want a smaller, more cohesive euro zone without the troublesome profligates, the policy elites in fact recognize that a 'United States of Germany' under the guise of a United States of Europe, actually suits their aspirations to dominate Europe [...]
Unusual plea for consideration of the German people from the Telegraph. Ambrose Evans Pritchard has sympathy for Germany and thinks it should leave the Euro in "an orderly way" (is that possible?). What happens to the remaining euro-zone countries, Ambrose? Any sympathy for us? [...]
by Theresa Carter. What happens if the money in your pockets is worthless overnight? The future of the Euro is not looking too bright, nor is our relationship with it. Whether it crashes, we leave it or we are asked to leave - it is something worth preparing for.
Karl Deeter writes on the myhome.ie website about the benefits of equity partnerships for home owner-rentership… Could changing the way we purchase and own property make a difference? In the current market developments are designed to sell rather than serve as an instrument of long term cash flows, the conundrum for sellers and NAMA alike [...]