Tag Archives: sovereign debt

The Fall of Sacred Cows

Posted on December 9, 2011 by Lenore Hawkins

As global events unfold, the underlying premises which have guided market participants’ reactions to bureaucratic actions are being put to the test and are coming up short.  This is going to get a wee bit technical, but bear with me … Continue reading →

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The Cycle of Debt with Carmen Reinhart

Posted on October 21, 2011 by Lenore Hawkins

This week I had the distinct pleasure of enjoying a breakfast with Carmen Reinhart, followed by a discussion on the exceptionally high levels of sovereign and private debt in the U.S. and the Eurozone and the likely economic consequences.  The … Continue reading →

Posted in Eurozone, Financial Crisis, Interest Rates, National Debt, Treasuries, Unemployment | Tagged , , , , | Leave a comment

Understanding the Eurozone

Posted on October 13, 2011 by Lenore Hawkins

To understand what is happening in Europe, one needs to first appreciate the context, the raison d’être for the Euro itself.  One of the primary goals of the Euro was to prevent the kind of recurring conflicts that spawned two … Continue reading →

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