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How Bad Is The US-China Trade Deficit?
The US runs a trade deficit of $375bn with China, almost 2% of GDP. The UK has an equally large imbalance with the EU. These bilateral...
The Future's Bright. The Future's Not Coal
Across the developed world coal usage is in decline. Is this the result of overzealous environmental legislation? Will we all pay more...
Brexit: What Does No Deal Mean?
The UK is due to leave the EU on March 29th 2019. With no deal increasingly likely, we ask what the consequences would be. Would food...
Brexit: How We Got Here, What We Want
The UK voted to leave the EU more than two years ago. But negotiations about its departure have been fraught. There still seems little...
UK Housing: What Are Properties Worth?
In the first part of Castles of Sand, we looked at the specific drivers of UK, and specifically London, property pricing. In this video,...
UK Housing: Castles of Sand?
Only in the UK is the phrase "property porn" a real thing. Our High Streets are full of Estate Agents (realtors), and our quoted dot com...
What Is This Target2 Anyway?
With the election in Italy of the Eurosceptic Lega Nord and the Five Star Movement, Target2 is back in the news. It is said that this...
The Worst Economic Statistic?
There are many economic statistics. Some are useful, others bizarrely esoteric. But what if I told you there was an economic statistic...
Italy: 50 Ways To Leave The Euro?
After being a European "tiger" economy in the 1970s and 80s, Italy has struggled in the 2000s. GDP growth has been weaker than in any...
What Does A $400 Hotel Room Tells Us About The Oil Price?
In 2014, I first visited the city of Midland, Texas. My trip was an informative and enjoyable one, with the local steakhouse a particular...
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