Monthly Archives: May 2012

Watch the development of the French-German government bond spread!

One shouldn’t fool oneself thinking that the international public opinion (or better the internationaly “published” opinon) on one hand and market sentiment on the other are necessarily one and the same thing. Continue reading

Posted in Economics, EURO crisis, Finance, Politics | Tagged , , , , | Leave a comment

Mariano Rajoy is inducted into Noah denkt™’s Hall of Fame

Fate and financial markets will eventually compensate Mariano Rajoy for all the courage, tenacity and wisdom which he is showing in his current role as captain of the beleaguered Spanish ship. Continue reading

Posted in Democracy, Economics, EURO crisis, Labor Law Reform, Politics | Tagged , , , , , , , | Leave a comment