Month: May 2020

May 23, 2020 Peter No comments exist

Investopedia defines ‘Main Street’ as, “a colloquial term used by economists to refer collectively to America’s independent small businesses. It gets its name from a common name for the principal commercial street of small towns across the country. In England, the equivalent term is High Street.” ‘Wall Street’ on the other hand refers to, “big…

May 11, 2020 Peter No comments exist

As the world grapples with the fallout from the Covid-19 crisis, one thing that is abundantly clear is that international travel is at the back end of re-opening economies. Those countries that have managed to, using an overworked phrase, successfully flatten the curve and get their numbers under control will be loathe to suddenly open…

May 6, 2020 Peter No comments exist

The world is already drowning in debt and governments are now borrowing and spending as if there is no tomorrow. The amount of money being spent is eye-watering. Where is it coming from and how are we (or more likely future generations) going to repay it? The Institute of International Finance calculate that global debt…