The Currency highlights
Competition killing machines: Could the tech titans go the same way as the railroad barons?
The process of clawing back monopolistic powers gained by the FAANG tech leaders will be uncomfortable for investors, but necessary for the technology sector to return being a major driver of global innovation. Otherwise, they will go the way of the railroad barons.
15th Oct, 2021 - 7 min read
Covid-19 scrambled the old global trade system. Now there’s a fight over what will replace it
The old trading regime was under pressure due to rising tensions between China and the US. Covid-19 made things worse. Now the question is, how is it going to adapt?
30th Jun, 2021 - 7 min read
China is doubling down on R&D, technology, and industry – how should Europe and the US respond?
In the Chinese Communist Party's latest five year plan, the services sector is out and industry is in. The country is doubling down on R&D and technology. That poses serious problems for the US and Europe.
19th Apr, 2021 - 7 min read
Make no mistake, financial repression is coming in the US
President Joe Biden's latest economic stimulus proposals will likely aid economic recovery momentum in the US, but their cumulative $1.9 trillion price tag will create long-lasting and far-reaching trade-offs.
5th Mar, 2021 - 9 min read
There’s a new mortgage arrears crisis on its way, and official Ireland is not ready for it
The Central Bank of Ireland has started publishing new data on mortgage arrears – and the news is not good. An arrears crisis is brewing. The banks, and the state, are woefully unprepared for it.
2nd Oct, 2020 - 6 min read
A potential risk growth hormone: What the financial transaction tax would mean for Ireland, Irish banks and Irish investors
Led by Germany, core EU countries are preparing to tax equity trading. Yet research shows that to reinforce financial stability, policy should instead encourage equity investment and tax debt.
17th Dec, 2019 - 6 min read
Culture wars and poor financial performance: examining Ireland’s dysfunctional, beleaguered banking system
The financial performance of the Irish banks has been abysmal. Not for the lack of profit margins, but due to strategic decisions to withdraw from lending in the potential growth segments of the domestic and European economies.