
TA Economics
40 posts

TA Economics
@TAEconomics
Comments on Economic Developments and Markets -Associated with Temple Associates Consulting and Recruitment



In our main story we look at what might become another global financial crisis. France, in particular, has similar macro characteristics to the UK. - eurointelligence.com







And because it's my home country, and minister @Teresaribera started to follow me this week on Twitter, here we go with Spanish day-ahead electricity prices, hitting a fresh record high of €141.71 per MWh. Power prices are now front-page story in Spain. A huge political problem.

Given how much of this steady increase in UK public spending stems from an ageing population then really the 70Y headline tells you less about political decisions around size of public sector & more about the demographic evolution - with a lot more to come over next 30Y.








Fair to say that the situation is a mess. H2O claims its reverse-repo trades with Merit are valid because they signed a Global Master Repurchase Agreement (GMRA) last year. However, Merit's chief executive says the agreement isn't valid. Regulators are following closely.
