Hoisted from E-Mail: Puzzling Out the UK’s Shambolic Approach to Brexit
Trying to make sense of the UK’s Brexit pathology.
Read more...Category Archives: Europe
Private Equity Clutching Pearls Over Sweden Ending Carried Interest Loophole
Has Sweden become the mouse that roared at private equity?
Read more...UK’s Brexit Derangement Becomes More Visible as May Puts Foot in Mouth and Chews
As short seller David Einhorn has said, “No matter how bad you think it is, it’s worse.” I thought I was at risk of being unduly dire in my early readings on Brexit, which was that the two sides have a large gap between their positions and have been talking past each other. Early on, […]
Read more...British Press Hissy Fit Over Predictable EU Move to Relocate Euro-Clearing to the Continent
The UK press reacts with unwarranted indignation to an EU move that was sure to happen.
Read more...More Brexit Miscalculations: UK Can Have Industrial Policy Only With Hard Brexit
The UK government wants industrial policy reforms that are incompatible with EU rules. Those rules would apply save in a hard Brexit.
Read more...The Brexit Situation is Developing Not Necessarily to the UK’s Advantage
We’ve been neglecting Brexit due to Trump going uber hawkish and the resulting barrage of news stories to sort through. And another reason is that the noise to signal ratio got even higher in the British media around the time Brexit became official. Formal progress will be virtually nil till late May. The UK and […]
Read more...Theresa May Announces Surprise Early Election for June 8
Theresa May reversed early firm promises and announced snap elections.
Read more...Italian Banks: Not Quiet on the Eastern Front
Never before have I seen the condition of a bank’s finances (in this case liquidity) described as “hemorrhagic”. Italians beware!
Read more...“Henry VIII Clauses” in Britain’s “Great Repeal” Brexit Bill Gives Government Unprecedented Powers
The “Great Repeal Bill” repeals EU laws and gives the executive massive powers to rule by decree in the Brexit transition
Read more...Why Has Italy’s Banking Crisis Gone Off the Radar?
An update on Italy’s festering bank crisis.
Read more...Even Before Brexit Triggered, EU Again Signals It Is Not Budging on “Shape of the Table” Issue
The EU is not giving ground as the Brexit trigger date approaches.
Read more...Deepening EU Banking Crisis Meets Euro-TARP and Taxpayers
As the banking crisis in Europe intensifies, TARP-like ideas are on the table. How realistic are they?
Read more...Mainstream, Pro-EU Rutte’s VVD Beats Populist, Anti-Immigration Wilders in Dutch Election
Far right winger Geert Wilders fails to cinch a win for his party in the Dutch election, contrary to polling in recent months.
Read more...Debunking 5 Myths About Frexit
A skeptical look a Frexit, meaning France exiting the Eurozone.
Read more...Deutsche Bank Tries to Stay Alive
Deutsche Bank is still walking wounded.
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