The recent “bail-in” of Cyprus by the EU, IMF and European Central Bank troika forced depositors in Cyprus banks to turn over about 40% of their assets to the banking system. This action hasn’t caused a bank run in the greater eurozone yet, so we asked professional investors why this is the case. Read more
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Our ten most-popular articles from the past year include coverage of the ever-unfolding European sovereign debt crisis, how the election cycle affects the markets, and Warren Buffett’s secret sauce. Read more
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Physical limitations in humans seem to limit our ability to make effective group decisions when the number of the group exceeds seven members. This has important implications for boards of directors, investment committees, and transnational economic organizations, such as the eurozone. Read more
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The European sovereign debt crisis has been occupying a disproportionate amount of investor mindshare over these past many months. Yet there is another potential debt crisis in Europe that is receiving almost no attention from financial analysts or the press. … Read more
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Complicating matters in resolving the European sovereign debt crisis have been the large number of players each of whom has a stake in the outcome of the crisis. Read more
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Most commentators trace the beginning of the European sovereign debt crisis to 5 November 2009, when Greece revealed that its budget deficit was 12.7% of gross domestic product (GDP), more than twice what the country had previously disclosed. However, the real origins of the crisis can be traced to the very structures that govern Europe’s institutions. Read more
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Various proposals to resolve the European sovereign debt crisis have not dealt with many nagging issues. Here is a list of major unresoved issues in the European sovereign debt crisis. Read more
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On 27 October 2011, after months of discord, European leaders ironed out a plan to address the escalating European sovereign debt crisis. Here is an overview of what exactly that plan entails. Reduce Greece’s debt to a sustainable level. Current … Read more
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Why is Europe standing on the cliff’s edge? What went wrong? How did we get here? These are simple questions with anything but simple answers. To help illuminate the issues, I hosted a live webinar on 11 October 2011 featuring … Read more
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