A downside to Quantitative Easing?

Pension funds are being hit, and hit hard, by quantitative easing (QE), according to the National Association of Pension Funds (NAPF). The process of QE instituted by the Bank of England in 2009, involves creating money to buy up government bonds. The purpose of this was to put more liquidity into the banks to improve their balance sheets and to … Continue reading

Posted by Nigel Tree | Comments Off on A downside to Quantitative Easing?

32 million foreigners living in the 27 EU States last year

The biggest driver of population growth in most EU Member States in recent years has been immigration. In fact, between 2004 and 2008, 3 to 4 million immigrants settled in the each year. This is according to the third Demography Report just published by the EU. In total, in 2010, there were 32.4 million foreigners living in an EU27 Member … Continue reading

Posted by Nigel Tree | Comments Off on 32 million foreigners living in the 27 EU States last year

Inflation above target for 10 consecutive months

I remember hearing a story in the US of a barn which was covered in targets and each target had a bullet hole straight through the middle. A passing tourist was really impressed until the farmer told him that he just shot into the barn at random and then placed the target around the bullet hole. Perhaps it is time … Continue reading

Posted by Nigel Tree | Comments Off on Inflation above target for 10 consecutive months