In Denmark, at least one bank pays customers to take out mortgages. What once seemed impossible is becoming the new normal.
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Tag Archives: The European Central Bank
A Lull In The War On Savers
Savers are still losing ground against inflation, but they at least can look ahead to possibly better times.
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The Greek Soap Opera Reaches A Climax
The Greek soap opera seems to be reaching its climax, making way for a new tale in which the euro is replaced by the drachma.
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A Month Of Surprises
There has been a lot of news since the start of the year. On the economic front, most of it has been good.
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Greed Kills
The U.S. threatens to fine a French bank $10 billion. France plans to sell two warships to Russia. There is no connection.
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Central Bank Power And Its Limit
Central bankers have the power to provide limitless cheap credit to governments, but that doesn’t fix the economy.
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Europeans Ask Themselves: What Is Europe?
Are Europe’s leaders trying to solve a crisis, or forge a new continental power? The euro’s fate may hinge on just what, exactly, Europe is.
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Sweet Music To Soothe The Savage Banker
All together now: “There Will Never Be Another Lehman.”
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Germany’s Impulse To Save
German emphasis on thrift stands in contrast to American consumerism – and both have pitfalls when carried to extremes.
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