Colin Lloyd
Colin is a macroeconomic commentator, writer and presenter, based in London, England. He has worked for asset managers in commodities, money markets, capital markets, equities and foreign exchange since the early 1980’s and writes In the Long Run. He is a contributor to several free-market publications including The Cobden Centre and was a 2017 runner-up for the 2017 Richard Koch Breakthrough Prize awarded by The Institute of Economic Affairs.
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Debt or Taxes
“At the present juncture, developed country government bond yields are more likely to fall than rise. Fiscal spending will be financed by deferred taxation, the repayment of today’s (and probably tomorrow’s) obligations will be bequeathed to our children and grandchildren. Digital taxes, taxation on wealth and financial transaction fees may creep higher at the margins,…
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A Technological Revolution in Education
“EdTech is by no means the answer to every challenge faced by educators globally, but it has the potential to make a much greater difference than we have seen in the last twenty years. The COVID pandemic is a global tragedy, but necessity is the mother of invention. As we have seen elsewhere, technology is…
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The Fiscal Centralization of Europe Will Not End Well
“Europe may be experiencing a ‘Hamiltonian moment,’ but the path towards a federal Europe will remain both long and tortuous. Political opposition to the European experiment has been growing as the perceived costs of membership of the EU begins to eclipse the benefits for some members of the Union.” ~ Colin Lloyd
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Global Money Supply Growth and the Great Inflation Getaway
“Maintenance of the level of employment rather than inflation has become the focus of official policy everywhere. Stimulus will continue until employment is restored to its pre-crisis level and there remains a colossal debt overhang to temper inflationary tendencies, but there is a real and present danger that, in the process of returning the economy…
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What We Can Learn from Other Bear Markets Since the Late Sixties
“The fiscal spigot of government largesse is more arbitrary; it will require a deeper understanding of corporate value to separate the wheat from the chaff. Sadly, markets will be no freer but they may, at least, be untethered from the coattails of the Fed.” ~ Colin Lloyd
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Negative Oil Prices – Economic Implications
The price of oil and gas will be resurgent in 2021, if not before; sadly, the world economy may take a while longer to heal.
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Is this the End of Globalization?
Global Supply Chains began to truncate in the aftermath of the financial crisis of 2008. The global COVID-19 lockdown has accelerated the process. Businesses will reassess the trade-off between efficiency and resilience. Supply chain resilience is not without cost.
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Real Estate and the Wealth of a Nation
In terms of the economic health of a nation, the level of private debt and the value of private assets has an enormous influence on household spending patterns.
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US vs. Denmark: Which Country Wins?
Measured by GDP per capita, Danish-American living standards are 55% higher than their counterparts in Denmark.
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The Dangers to Prosperity All Around Us
Looking back at the 20th century there were great social, political and economic challenges. Technological advances accelerated and mass communication shrank the planet. In the process we embarked on two catastrophic world wars, whilst in peacetime economic booms and busts ensured human progress was as uneven as it was cathartic. The first two decades of…
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•
Debt or Taxes
“At the present juncture, developed country government bond yields are more likely to fall than rise. Fiscal spending will be financed by deferred taxation, the repayment of today’s (and probably tomorrow’s) obligations will be bequeathed to our children and grandchildren. Digital taxes, taxation on wealth and financial transaction fees may creep higher at the margins,…
-
•
A Technological Revolution in Education
“EdTech is by no means the answer to every challenge faced by educators globally, but it has the potential to make a much greater difference than we have seen in the last twenty years. The COVID pandemic is a global tragedy, but necessity is the mother of invention. As we have seen elsewhere, technology is…
-
•
The Fiscal Centralization of Europe Will Not End Well
“Europe may be experiencing a ‘Hamiltonian moment,’ but the path towards a federal Europe will remain both long and tortuous. Political opposition to the European experiment has been growing as the perceived costs of membership of the EU begins to eclipse the benefits for some members of the Union.” ~ Colin Lloyd
-
•
Global Money Supply Growth and the Great Inflation Getaway
“Maintenance of the level of employment rather than inflation has become the focus of official policy everywhere. Stimulus will continue until employment is restored to its pre-crisis level and there remains a colossal debt overhang to temper inflationary tendencies, but there is a real and present danger that, in the process of returning the economy…
-
•
What We Can Learn from Other Bear Markets Since the Late Sixties
“The fiscal spigot of government largesse is more arbitrary; it will require a deeper understanding of corporate value to separate the wheat from the chaff. Sadly, markets will be no freer but they may, at least, be untethered from the coattails of the Fed.” ~ Colin Lloyd
-
•
Negative Oil Prices – Economic Implications
The price of oil and gas will be resurgent in 2021, if not before; sadly, the world economy may take a while longer to heal.
-
•
Is this the End of Globalization?
Global Supply Chains began to truncate in the aftermath of the financial crisis of 2008. The global COVID-19 lockdown has accelerated the process. Businesses will reassess the trade-off between efficiency and resilience. Supply chain resilience is not without cost.
-
•
Real Estate and the Wealth of a Nation
In terms of the economic health of a nation, the level of private debt and the value of private assets has an enormous influence on household spending patterns.
-
•
US vs. Denmark: Which Country Wins?
Measured by GDP per capita, Danish-American living standards are 55% higher than their counterparts in Denmark.
-
•
The Dangers to Prosperity All Around Us
Looking back at the 20th century there were great social, political and economic challenges. Technological advances accelerated and mass communication shrank the planet. In the process we embarked on two catastrophic world wars, whilst in peacetime economic booms and busts ensured human progress was as uneven as it was cathartic. The first two decades of…