Business Spectator

A Pyrrhic victory for Cameron?

David Cameron faces some of the most difficult problems any peace-time UK government ever had to tackle. And neither his party’s mediocre share of the popular vote nor his thin parliamentary majority will help.

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Business Spectator

A wild forecast for Britain

Eventually, once all the political dust has settled and Britain gets a stable government, we could talk about some more interesting questions. Such as Britain’s budget deficit.

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Business Spectator

Germany’s bubble economy is on borrowed time

The real problems for Germany will begin once the ECB follows the Fed’s example and tapers its monetary stimulus. But thanks to the eurozone periphery, it may take years until the ECB feels ready to take this step. In the meantime, Germany may enjoy its bubble economy while it lasts.

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