Fiscal cliff - nothing solved for the dollar

Tom Winnifrith Sunday 27 January 2013


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Forgiver the delayed appearance of the December column for me. I have two excuses. The first is that amid all the present buying, goose cooking and mince pie eating I just got a bit snowed under on the work front. But better late than never. Okay. That is a poor excuse. The second is that I wanted to see how dust settled on the US fiscal cliff drama before commenting. It has settled. I comment.
I never really had any doubt about what would happen. Bluster, bluster, last minute compromise and nothing really settled. We have been here before and it seems with increasing regularity there is almost a sense of ennui. Perhaps that is the wrong imagery. A better one is heroin addiction.

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About Tom Winnifrith
Tom Winnifrith is the editor of When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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