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Stephen Archer is a speaker with great charisma. By using illustrations and personal experiences and not being afraid to share his own point of view of the current situation and who is to blame for it, he engages the whole audience, at the same time helping us all to understand the credit crunch a little better.

— Warwick Business School

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Greek debt tragedy takes a breather – but is it now a Chimera?

March 13th, 2012 by Stephen Archer | View Comments
chimera

On the face of it, the ECB as lender of last resort has staved off a Eurozone disaster. It did so by issuing a staggering 1 Trillion Euros credit (for three years at almost no interest) not to Greece but to the banks of Europe whose balance sheets were not too healthy – or would…