Comments on: Franco-German manoeuvres http://www.irisheconomy.ie/index.php/2009/02/02/franco-german-manoeuvres/ Wed, 16 May 2012 21:56:44 +0000 http://wordpress.org/?v=2.6.3 By: James http://www.irisheconomy.ie/index.php/2009/02/02/franco-german-manoeuvres/#comment-728 James Wed, 04 Feb 2009 13:22:37 +0000 http://www.irisheconomy.ie/?p=551#comment-728 That's very useful Patrick, thanks very much. That’s very useful Patrick, thanks very much.

]]> By: Patrick Honohan http://www.irisheconomy.ie/index.php/2009/02/02/franco-german-manoeuvres/#comment-721 Patrick Honohan Wed, 04 Feb 2009 10:46:23 +0000 http://www.irisheconomy.ie/?p=551#comment-721 For James, here is a plot of Irish Government bond yields going back 20 years (to last week). <img src="http://www.irisheconomy.ie/wp-content/uploads/2009/01/Ireland 10 year bond yield 1988-2009.JPG" alt="" /> For James, here is a plot of Irish Government bond yields going back 20 years (to last week).

]]> By: barry http://www.irisheconomy.ie/index.php/2009/02/02/franco-german-manoeuvres/#comment-695 barry Tue, 03 Feb 2009 14:39:08 +0000 http://www.irisheconomy.ie/?p=551#comment-695 Interesting, Le M would not normally be pro Sarko, but everyone here is annoyed and upset that the Germans are playing their own cards and not supporting EU wide (read €) proposals. That is not the way they have been playing since the € was founded, i.e. ERM time, they were willing to adopt their fiscal policy to helping the €. Now in the Merkel era, which brings to power an East German, they are going it alone, preserving their stature in world economics, being conservative. Le Point reported yesterday that, post Davos, Legarde was calling an € area meeting in parallel with Merkel, and before London's G20 and the next EU summit. I think they both feel that Davos was too nice to Brown and that Europe should not be represented in any way by him. Bye, Barry Interesting, Le M would not normally be pro Sarko, but everyone here is annoyed and upset that the Germans are playing their own cards and not supporting EU wide (read €) proposals. That is not the way they have been playing since the € was founded, i.e. ERM time, they were willing to adopt their fiscal policy to helping the €.

Now in the Merkel era, which brings to power an East German, they are going it alone, preserving their stature in world economics, being conservative.

Le Point reported yesterday that, post Davos, Legarde was calling an € area meeting in parallel with Merkel, and before London’s G20 and the next EU summit. I think they both feel that Davos was too nice to Brown and that Europe should not be represented in any way by him.

Bye, Barry

]]> By: James http://www.irisheconomy.ie/index.php/2009/02/02/franco-german-manoeuvres/#comment-694 James Tue, 03 Feb 2009 13:00:11 +0000 http://www.irisheconomy.ie/?p=551#comment-694 What was our bond yield a year or two ago? Anyone know where to find a useful charge for this info? We've heard so much about the growing spread with bunds, but not so much about the actual change in rates. What was our bond yield a year or two ago? Anyone know where to find a useful charge for this info? We’ve heard so much about the growing spread with bunds, but not so much about the actual change in rates.

]]> By: Paul Power http://www.irisheconomy.ie/index.php/2009/02/02/franco-german-manoeuvres/#comment-691 Paul Power Tue, 03 Feb 2009 10:54:53 +0000 http://www.irisheconomy.ie/?p=551#comment-691 Can anyone kindly tell me about all these government borrowings. Pointing me to an information source would be great. I'd like to know who is doing the lending, in what currencies etc This is useful in its own right, but it leads to another issue, whether these borrowings constitute a stimulus in the borrowing country. (I am not an economist but am very curious ) Can anyone kindly tell me about all these government borrowings. Pointing me to an information source would be great.

I’d like to know who is doing the lending, in what currencies etc

This is useful in its own right, but it leads to another issue, whether these borrowings constitute a stimulus in the borrowing country.

(I am not an economist but am very curious )

]]> By: Patrick Honohan http://www.irisheconomy.ie/index.php/2009/02/02/franco-german-manoeuvres/#comment-685 Patrick Honohan Mon, 02 Feb 2009 21:24:16 +0000 http://www.irisheconomy.ie/?p=551#comment-685 No Liam, it's a ten year bond yield. So r > g no dynamic inefficiency! I do agree with Sarkozy that there are important externalities that need to be internalized within the euro area--though I doubt if we'll ever see a EU-level authority replacing national debt management agencies No Liam, it’s a ten year bond yield. So r > g no dynamic inefficiency!

I do agree with Sarkozy that there are important externalities that need to be internalized within the euro area–though I doubt if we’ll ever see a EU-level authority replacing national debt management agencies

]]> By: Liam Delaney http://www.irisheconomy.ie/index.php/2009/02/02/franco-german-manoeuvres/#comment-684 Liam Delaney Mon, 02 Feb 2009 21:09:46 +0000 http://www.irisheconomy.ie/?p=551#comment-684 While my junior certificate french has mostly deserted me, I am assuming that the "l’Irlande, 5,5 %" does not refer to a growth forecast! While my junior certificate french has mostly deserted me, I am assuming that the “l’Irlande, 5,5 %” does not refer to a growth forecast!

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