This section contains papers discussing the national, continental or world economic situation with a view to assessing how this will impact investment strategies.
Reasons Not To Be Cheerful Autumn
2003, Spring 2004, Autumn
2007, Spring 2009
Author: Jim Steel
In 2008 the credit-crunch, sub-prime crisis and fears of the recession or depression that they will lead to are mainstream news. But since 2003 SIGnet members have been given a remarkable insight into the problems that lay ahead in this series of prophetic articles.
Debt and Delusion
An incisive review of the global macroeconomic situation as it appeared in the Spring of 2002, with several useful references. On a similar theme to "Reasons not to be Cheerful" it explains how the debt crisis is unsustainable. The only issue left unexplained is how the credit crunch was postponed until 2008!