The author has been described by News Ltd as an "iconoclast", "Svengali", a pollie's "economist muse", and "pungently accurate". Fairfax says he is a "Renaissance man" and "one of Australia’s most respected analysts." Stephen Koukoulas concludes that he is "85% right", and "would make a great Opposition leader." Terry McCrann claims the author thinks "‘nuance’ is a trendy village in the south of France", but can be "scintillating" when he thinks "clearly". The ACTU reckons he’s "an enigma wrapped in a Bloomberg terminal, wrapped in some apparently well-honed abs."

Wednesday, May 23, 2012

Greece prepares to issue bank notes

From Nomura again:

Former Greek PM Papademos said that Greece is ‘preparing to leave the Eurozone’. He may not have any power, but it pulled stocks off the highs. De La Rue, the British banknote maker has been identified as having asked production staff to choose security threads for new Greek banknotes and has retrieved the covers of copper moulds for making watermarks.