The Renegade Economists' view on global events
Ross Ashcroft catches up with Britain’s Buy to Let King Fergus Wilson.
A man who bizarrely seems to be totally in the dark to the underlying mechanisms that drive the property market.
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How quickly a year flys. What has happened to the memory of Governments, regulators after the destruction inflicted last year in the banking sector. Apparently now we are meant to see them as economic saviors…. …
Seems like there is more pain to come in this article from The Evening Standard -
Government ministers have clashed with the London Development Agency over an £800million debt incurred in buying up the land for …
The economic downturn will likely cost as many as 25 million people their jobs by end-2010 as the unemployment rate nears a record 10 percent in the OECD group of countries, according to a report …
Nobel Prize-winning economist Joseph Stiglitz says the US has failed to fix the underlying problems of its banking system after the credit crunch and the collapse of Lehman Brothers.
“In the US and many other countries, …
WASHINGTON (AFP) – A year after Lehman Brothers imploded and unleashed global financial contagion, President Barack Obama will on Monday argue that his policies are rescuing a US financial system that was near collapse.
In a …
Dear Renegade Economist Readers,
We wanted to take this opportunity to update you on what is going on at Renegade HQ and thank you for your continuing support and for all the questions you have been …
House building company McInerney has estimated that the total value of its property in Ireland has more than halved since mid-2008.
In an extraordinary ruling, U.S. District Court Judge Loretta Preska ordered the Federal Reserve to turn over records of the details concerning the lending of taxpayers’ money to financial institutions and banks.
An article from the Sydney Morning Herald showing us how ”economic modelling” can be perverted by vested interests to suit their own purposes.
Food for thought from an article by Damon Young, an Australian philosopher. “Buying a home isn’t necessarily touched by reverie – it’s matter-of-fact, dull and sometimes brutal. Is this as good as our dreams get? …
Dirk J Bezemer from Groningen University has presented a paper on Understanding Financial Crisis Through Accounting Models.
This paper presents evidence that accounting (or flow-of-fund) macroeconomic models helped anticipate the credit crisis and economic recession. Equilibrium …
We’ve seen how Barack Obama has failed to change the rules governing America’s banks- it’s back to business-as-usual on Wall Street. And now, Britain’s government is confessing failure. In its White Paper on financial regulation, …
The mood among UK business leaders has hit its highest level for a year, with a small majority believing that the bottom of the business cycle has been …
The Renegade Economist has been sent some of the data behind the MP’s expenses row.
Here is the spreadsheet for the 2007/8 claims – interesting reading.
No-one at Renegade Economist HQ realised that it was so expensive to live …
In all the newspaper articles, in all the radio programmes and TV shows now exposing our MP’s expenses, and previously, our failed bankers’ bonuses, two core issues have been strikingly missed. One is to question …
A trillion-dollar storm is gathering over the commercial real estate landscape that’s threatening to add further pain to an already bruised US economy.
The commercial debt securitization market is dead and the outcome looks stark for …
Sit back and listen to The Renegade Economist bring sense the the economic situation we are in today. In this instalment we look at how we got here…
The collapse of the Western financial sector was just what the doctor ordered, for the bankers. They had reached the point where they needed a cathartic clean-out. Their bloated excesses couldn’t go on, so a …
Tony Beckwith, a Renegade Economist, reader sent us a link today and we were so shocked by the absolute inability of someone who is one of the most powerful people in US banking to explain …
In 1997 Fred Harrison wrote to Tony Blair and his Ministers: “I am your worst nightmare. I know exactly why New Labour will fail”. For ten years Harrison identified for Gordon Brown the policies that …
The document that spelt out the mechanism that would drive the global economy into depression was published in 1997. The …
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The former prime minister Tony Blair has received millions of pounds through an unusual mixture of commercial, charitable and religious income streams. Since he stepped down from office in 2007, his financial affairs have been described by observers as “Byzantine” and “opaque”. The Guardian is now launching an online competition offering a prize to the person who can shine the brightest light on those financial structures.
Blair has a commercial consultancy, called Tony Blair Associates, plus jobs advising a US bank and a Swiss insurer. He has a multimillion pound book deal. He also has a charity, the Tony Blair Africa Governance Initiative, and another called the Tony Blair Faith Foundation. But much of the income, which includes charitable donations from other sources, has been funnelled through a structure called Windrush Ventures No 3 Limited Partnership. Our contest asks: what is Windrush?
Popularity: 40% [?]
The Renegade Economist team presents an opportunity to learn what’s about to happen in the domestic and global economy, and …
Popularity: 73% [?]