The following is a joint effort by me and Edward Hugh and if we are both individually prone to writing long and (sometimes excessively) winding entries a combination is bound to be long and ugly; well, the former at least. Surely, it seems, in Macro Man's words that the ECB may have had one of those...

It appears that many of us have had quite a bit of a weekend these past days. Sitting here in Barcelona’s airport I can look back at some very nice dinners and conversations in the company of friends and colleagues as well as the odd stroll down La Rambla. I can also look back at some nice cul...

As my readers may have noticed I am pretty much letting my colleague Edward running the show at the moment in terms of detailing the fall from grace of European economies. It is funny to think about how it is under a year ago that the notion of decoupling was fiercely debated. What a difference a co...

At some point, I will probably have something to say on yet another week of tumultuous events and interesting comments; in particular I think that Krugman and Wolf may soon, very soon, be getting to the crux of things. Meanwhile, I want to pass on one of Felix Salmon's latest posts in which he treat...

“If you gaze long into an abyss, the abyss will gaze back into you.” - Frederic Nietzsche “When you get that close to the abyss, you can always jump tomorrow.” - Unknown For reasons your author shall not belabour his readers with, he is feeling none to good this morning; none...

It is not only economic data and the punditry and commentary following this which is all at rage at the moment, so is a growing mixture of more or less interesting debates amongst (academic) economists about public spending v. tax cuts, bloodletting v. actually doing something and, as it were, the o...

Actually my good friend Veronica Preotu beats me to it , but since I think it is important I believe an additional shout is in order. It has been a couple of months since I let my subscription lapse on the Economist, for no particularly reason really. I simply did not remember to log on to their sit...

... is getting increasingly difficult at the moment. Take Hungary for example. I take it that most economic commentators and analyst know that it is bad in Hungary and together with Ukraine I would submit that these two face the largest risk of sporting the next global macro blowout (assuming that R...

[Update: I have added a couple of graphs (PMI and another one on industrial production); especially the former is really interesting as a forward looking indicator.] As I wind up, post exam session, for some serious economic analysis it is to an economic landscape which is increasingly looking like ...

The ink on the post below suggesting that I would wind down for Christmas (and exam preparation) has hardly dried before I am forced back into action (more or less that is). And the occasion?  Well, I am not going into too much background here, but one event important to remember (out of so man...