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A Fistful of Euros

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Firmly Anchored Expectations, No Postponement of Purchases? NEW
A Fistful of Euros 3 Days, 16 Hours, 20 Minutes ago
This article from former European Central Bank board member Jürgen Stark (Doomsayers risk a self-fulfilling prophecy) has been occasioning a lot of commentary over the last week or so. According to Stark, the current deflation debate “lack...
It’s not like this was a surprise NEW
A Fistful of Euros 1 Week, 21 Hours, 44 Minutes ago
Or, why reading David Remnick is nearly always a good idea: I spoke with Georgy Kasianov, the head of the Academy of Science’s department of contemporary Ukrainian history and politics, in Kiev. “It’s a war,” he said. “T...
Overtaken by events NEW
A Fistful of Euros 1 Week, 3 Days, 10 Hours, 40 Minutes ago
The draft blog post said to watch out for funny business in Melitopol and Mariupol, Ukraine. Those are the largest settlements along the coast between Russia and the Crimean peninsula, and sit astride the road that runs from Rostov-on-the-Don and &he...
Old habits die hard NEW
A Fistful of Euros 1 Week, 5 Days, 22 Hours, 51 Minutes ago
Occasionally, representatives of Germany’s Left party (Die Linke) will complain about being tagged as the successors to East Germany’s communist party. Well. Yesterday, the Parliamentary Assembly of the Council of Europe voted to strip th...
Ukraine, Snowden, and SIGINT proliferation NEW
A Fistful of Euros 2 Weeks, 9 Hours, 11 Minutes ago
OK, so what do EU chief diplomat Catherine Ashton, US assistant secretary of state Victoria Nuland, Estonian foreign minister Urmas Paet, Russian ambassador to Eritrea Sergei Bakharev, and his colleague in Zimbabwe Igor Chubarev all have in common? T...
Quick debate point NEW
A Fistful of Euros 2 Weeks, 16 Hours, 1 Minute ago
An EU debate point. Martin Schulz just pointed to the German government’s scrappage bonus as an example of “protecting the hard core of German industry, automotive production, by keeping the people there” that justified an increase...
A coalition for Schulz? NEW
A Fistful of Euros 2 Weeks, 16 Hours, 4 Minutes ago
Jean-Claude Juncker and Martin Schulz are debating, live on France24. Glued, of course. As someone has already said on Twitter, Schulz speaks better French than Juncker. JCJ has also said that Gerhard Schröder “introduced budget discipline...
Right on schedule NEW
A Fistful of Euros 2 Weeks, 2 Days, 15 Minutes ago
Last night, I noted that staged takeovers of local government buildings in eastern Ukraine are one of the shoes that everyone keeping track of the crisis has been expecting to drop (Odessa and the region that was known in the … Continue readin...
Stress test NEW
A Fistful of Euros 2 Weeks, 2 Days, 10 Hours, 27 Minutes ago
Reports from eastern Ukraine that pro-Russia (perhaps one should write pro-Putin or pro-annexation) protesters have seized local government buildings in Donetsk, Kharkiv and Luhansk. The protesters in Kharkiv seem to have been driven back. In Luhansk...
Buy Me Some Peanuts and Cracker Jacks NEW
A Fistful of Euros 3 Weeks, 2 Days, 23 Hours ago
Once upon a time, there was a lovely newspaper known as the International Herald Tribune. Each year on baseball’s opening day, the paper would publish its late sports editor Dick Roraback’s poem recalling what it was like to be Over &hell...
Il faut sauver le soldat Juncker. Pourquoi, on ne sait pas NEW
A Fistful of Euros 3 Weeks, 3 Days, 12 Hours, 52 Minutes ago
What about some actual European politics? Jean Quatremer has an interesting story. He starts off with a joint profile of Martin Schulz and Jean-Claude Juncker – and I presume I’ve now lost 90 per cent of the readers – but … C...
Price and quantity NEW
A Fistful of Euros 3 Weeks, 3 Days, 13 Hours, 26 Minutes ago
An upshot from the last post. Markets can adjust by price, or by quantity. Economics usually assumes that they do both simultaneously, although the maths usually doesn’t work that way. There is no reason I can think of to prefer … Contin...
Still in search of requisite variety: UK housing edition NEW
A Fistful of Euros 3 Weeks, 3 Days, 13 Hours, 38 Minutes ago
The search for requisite variety goes on. At the moment, the big guessing game in British macroeconomics is “when does the Bank put up interest rates?” The following story suggests that this is beside the point. The statement noted that &...
Territorial integrity NEW
A Fistful of Euros 3 Weeks, 6 Days, 5 Hours, 22 Minutes ago
The UN General Assembly declares the Crimean referendum invalid, 100-11. Russia absorbing Crimea will be the first time since 1945 that a country other than Israel has taken over a part of a neighbouring state and formally annexed it, other …...
Handy Guide to 1930s Analogies NEW
A Fistful of Euros 1 Month, 1 Week, 2 Days, 2 Hours, 7 Minutes ago
Crimea: Anschluss. Mostly wiling population, dissent shouted down or stamped out, stage-managed sham referendum. The main difference is that the troops of the larger, external power were already in Crimea, rather than just across the border in Bavari...
Crimea: meet the family NEW
A Fistful of Euros 1 Month, 1 Week, 3 Days, 3 Hours, 46 Minutes ago
Here’s something interesting: the pro-Russian paramilitary leader in the Crimea is the son of the pro-Russian paramilitary leader in Transnistria. As that empire was pushed out of Eastern Europe, Aksyonov’s father, Valery, became the lead...
far from original heading NEW
A Fistful of Euros 1 Month, 1 Week, 4 Days, 10 Hours, 32 Minutes ago
In the wake of the mysterious disappearance of Ballardian Malaysian Airlines Flight 370 to the East or possibly the West of the Malaysian peninsula,  here's an interesting account of all the ways civilian airliners keep in touch with ground cont...
Admin note: Latin American Internet NEW
A Fistful of Euros 1 Month, 1 Week, 5 Days, 4 Hours, 31 Minutes ago
Remember this AFOE post? Well, the report from which I took the chart is now available here.
A question NEW
A Fistful of Euros 1 Month, 2 Weeks, 22 Hours, 49 Minutes ago
A question: did the so-called “revolution consultants” do any work with the Ukrainian military, or did Colonel Mamchuk come up with the idea independentantly?
Ukraine: it’s a thing NEW
A Fistful of Euros 1 Month, 2 Weeks, 22 Hours, 53 Minutes ago
This piece of Galrahn’s has a great title: US Soft Power in Ukraine is Missing Hard Power’s Escalation Control. It then wanders off into generic stuff about how Obama is lacking resolve and a succession of supposed military options, all &...