I would have loved to write something on the Euro crisis today, but time doesn’t allow me. So, here is another “warm-up” – something I wrote earlier this year. Between May and September 2010 economists and governments all eagerly revised their growth forecasts for 2011 and beyond up. On 25 May 2010 (with the Greek tragedy still fresh in our minds) I wrote this: [Read on]

On 31 May this year I wrote: Today I want to be the first to say that Germany’s highly-respected and much-liked minister of finance Wolfgang Schäuble doesn’t have what it takes to be the minister of finance of the biggest economy in the EU. And that he won’t survive in that position until the end of 2010. [Read on]