Edward Harrison is a banking and finance specialist at the economic consultancy Global Macro Advisors focusing on global economics and corporate strategy. Previously, he was a Partner at the consultancy Lion Strategy Advisors, and worked in various consulting, strategy and M&A roles at Deutsche Bank, Bain Consulting, the Corporate Executive Board and Yahoo.
Mr. Harrison started his career as a diplomat in the Foreign Service. He speaks German, Dutch, Swedish, Spanish and French as well as English and can read a number of other European languages. He holds an MBA from Columbia Business School and completed his undergraduate studies with a degree in Economics from Dartmouth College.
Recent Blog Posts by Edward Harrison
- Iceland Upgrade Sure Makes Default Look Palatable
- The Eurozone Is Not Ready Politically for a Default
- Greece’s Extreme Parties Are Gaining Support
- The Political Economy of a Greek Default (and euro zone exit)
- How and Why Greece Will Leave the Eurozone
- On the Troika’s Coming Occupation of the Periphery
- Spanish Government Doubts It Can Achieve Deficit Target
- Münchau: We Are Fighting the Wrong Crisis
- Krugman, Tabarrok, Cowen and the Bond Vigilante Fallacy
- My Comments on MMT’s Job Guarantee Idea
- Footnote 2011: Being Cautiously Optimistic Was Right
- On the ECB’s Long-Term Refinancing Operation and 2012 Macro Ideas for Investors
- Full Text: Letter from Angela Merkel and Nicolas Sarkozy on the European Debt Crisis
- Code Words and Dog Whistle Economics
- Full Text: Standard & Poor’s Puts Ratings on Eurozone Sovereigns on CreditWatch with Negative Implications
- Italian Minister Breaks Down in Tears Over Austerity Budget
- Stephen Roach on the IMF Bailout, Chinese Banks and US Consumers
- More on What I Think Will Happen in Europe
- Likely Policy Path for European Sovereign Debt Crisis
- Sources: IMF to Offer Italy a 600 Billion Euro Bailout Via ECB Funding
- Foreign News: Eurobonds and Contagion to Poland and Slovenia
- What the German Bond Auction Disaster Means
- Running Through Italian Unilateral Euro Zone Exit Scenarios
- Le Pen: France Must Leave the Eurozone
- Chart of the Day: Definitive Guide to the European Debt Web
- Deflationary Crisis Responses
- Running Through Italian Default Scenarios
- Contagion: Default Probabilities Blow Out Right Across Europe
- Merkel: Change European Constitution for Greater Fiscal Integration by 2013
- The Relevant Articles of the Lisbon Treaty for the Sovereign Debt Crisis
- Merkel: ‘The ECB Has a Clear Mandate, Stability of the Currency’
- This Is Why People Are Buying Gold Now
- Italy’s Debt Woes and Germany’s Intransigence Lead to Depression
- Italy! Italy! Italy!
- Throw the Greeks Out of the Eurozone
- Why Investors Will Buy Italian Bonds After ECB Monetisation
- How Austerity in Europe Works
- An Outline of Critical Events Affecting Greek Referendum
- Sixty Percent of China’s Rich Want to Leave the Country
- Is Greece Heading Off a Military Coup?
- China PMI Drops to Lowest in 32 Months
- Greek Referendum Could Mean CDS Greek Default Trigger
- Full Text: European Union letter to the G20 on the Euro crisis
- What Do Sovereign CDS and Bond Markets Think of the Greece Deal?
- How the Latest Emergency Euro Summit Addresses the Sovereign Debt Crisis
- Chart of the Day: U.S. Income Growth 1979-2007
- The Eurozone Is Coming Apart at the Seams Now, Redux
- Greece in Debtor’s Prison
- Chart of the Day: Italian Bonds Back Over 6%
- On Government, Regulation, Over-Regulation and Free Markets
- A Year Later Everyone Is Catching on About Fed Policy and Net Interest Margins
- Chanos and Gross vs. Paulson and Bloomberg
- Saudi Arabia: When Surging Oil Demand Meets Limited Supply
- Chaney Says ‘Recession Has Already Started in Europe,’ Talks to Euro-TARP
- Chart of the Day: Greatest Credit Deterioration Focus – Belgium, Spanish Banking
- Dexia Bailout Forces Moody’s Downgrade of Belgian Regional Debt
- Juncker: It May Not Be Enough Even if Greece Defaults With 60 Percent Haircut
- George Soros: “People Don’t Realize That the System Has Actually Collapsed”
- Bruce Bartlett Wants the Fed to Target Nominal GDP
- Felix Zulauf: Expect More Market Turmoil Than in 2008
- More on the S&P Bear Market and the Central Bank Liquidity Train
- China Will Retaliate if US Imposes Sanctions
- On Greek Haircuts
- A Few Thoughts on Economic Nationalism
- S&P: More Bailouts Will Lead to Germany’s Eventual Downgrade
- Jim Chanos: China Has Tons of Contingent Debt Via State-Owned Enterprises
- The European Bank Run
- Chinese Shunning Trade with French Banks
- German Banks Need Recapitalization of 127 Billion: Report
- Why Didn’t the Fed Release a Statement on the Dollar Liquidity Bailout?
- Bianco on Earnings Volatility and Recession
- Austrian Government Fails in Vote to Increase Euro Bailout Fund
- Eurozone Default Is Not Synonymous with Breakup
- Germany Is Preparing for Greek Bankruptcy
- Why a Breakup of the Eurozone Is Likely
- The Eurozone Double Dip Is Almost Here
- Achuthan: “It’s Too Late” for Obama on Jobs
- What Is the Secret to Germany’s Economic Success? Part 2
- Krugman on Modern Monetary Theory
- Grantham: European and American Policy Makers Are Clueless
- Spain, Italy, Belgium Yields Now Under Attack
- Disastrous GDP Numbers Make Double Dip Scare Real
- Roach and Roubini: Chinese Have Lost Confidence in America’s ‘Dysfunctional Economic Stewardship’
- The Sovereign Debt Crisis and Currency Sovereignty
- Sources: Euro Bailout Package Must Be Doubled for Italy
- My Thoughts on the French Restructuring Plan for Greece
- Think Tank: China’s Assertiveness Could Lead to Armed Conflict in Asia
- On Central Banker Opposition to a Greek Restructuring
- What QE3 Could Look Like
- The Jobs Crisis Is Not Just About Demand
- Cash is King: Buy Volatility and Buy Liquidity
- Will China’s Bad Debt Problem Affect Employment?
- China Losing Competitiveness
- The Irish Stress Tests and Euro Zone Options: Monetization, Default, or Break-Up
- Houses Most Overvalued in Australia and Hong Kong, Most Undervalued in Japan
- Cautiously Optimistic Into 2011
- What Are U.S. Jobless Claims Telling Us About Recovery
- The Looming State Budget Crisis
- The Government Has a Printing Press to Produce U.S. Dollars at Essentially No Cost
- Quick Thoughts on the Irish Bailout
- German Budget Austerity Requirements Divide EU Summit
- What I Didn’t Say on the BBC
- Brazil: “We Are in the Midst of an International Currency War”
- Jobless Claims Still Not Pointing to Imminent Double Dip Recession
- Brazil Getting Serious About BRL
- Is Brazil Overheating?
- Moody’s Cuts Portugal Credit Rating Two Notches to A+
- More on Competitive Currency Devaluations
- Chart of the Day: Exposures to Greece, Ireland, Portugal and Spain
- Contagion Spreading Yet Further to Core Eurozone
- Manufacturing Sector Demonstrates Global Recovery
- China: Time to Admit To, Then Douse, Our Inflation Fire
- Spain Is the Perfect Example of a Country that Never Should Have Joined the Eurozone
- Greek Bond Yields at 12-Year High, Contagion Increasing
- Rosenberg: Stocks 35% Overvalued
- Pitchforks, Vampire Squids, and Simon Johnson’s Robespierre Moment
- The Politics of the Goldman Fraud Case
- JPMorgan Is Not Substantially Increasing Lending Anytime Soon
- The Origins of the Next Crisis
- Fitch Downgrades Greece to BBB- with a Negative Outlook
- Why the Fall in the Savings Rate Is Not Meaningless
- Three Potential Explanations for the Continued Fall in U.S. Savings Rate
- Anticipating Eurozone Collapse
- This Is the Problem with China’s Currency Peg
- Can External Pressure Precipitate Change in a Command Economy Like China?
- The Mindset Will Not Change; a Depressionary Relapse May Be Coming
- German Responsible for Stability and Growth Pact Wants to Bail Greece Out
- Ronald Reagan the Keynesian
- New Home Sales Hit a Record Low
- The Swedish Banking Crisis Response or the Bailout Hustle?
- The Dutch Join the Germans in Rejecting Bailout of Greece
- Chanos: “We’re Not Calling for an Impending Crash of China”
- GDP up 5.7%, Fastest Rate Since 2003
- Bailouts: Catching a Falling Knife
- Did Brown’s Win Spark Obama’s War on Wall Street?
- Grading Obama’s Economic Policy after One Year
- The Chinese Bubble Economy
- Pension Disaster Makes States and Cities into Financial Basket Cases
- Asia Tells the West to Get Off its High Horse
- Why Economists Failed to Anticipate the Financial Crisis
- What Happened to the Fiscal Stimulus Multiplier
- Double Dip Recession and the Perverse Math of GDP Reporting
- Moving Away from Stimulus Happy Talk to Focus on Malinvestment
- Bank Collapse in Austria Brings Debt in Eastern Europe Center Stage
- Obama and the Fat Cat Bankers
- Greece Risks Financial Armageddon While Ireland Makes Cuts
- Matt Taibbi: Obama’s Big Sellout
- Buiter: “It’s Five Minutes to Midnight for Greece”
- Japan’s Growth Embarrassingly Revised Down by 3.5%
- The Drop in Unemployment is Give Back from the Prior Month
- Reaching for Yield in the Post-TARP Era
- Quantitative Easing is Not the Cure to What Ails Europe
- On the Sovereign Debt Crisis and the Debt Servicing Cost Mentality
- The Bust in Dubai and Exogenous Shocks
- British Regulators Disclose Terms of Emergency Aid During Panic of 2008
- GM’s Phony Taxpayer Repayment
- Gross Isn’t Buying Corporates, High Yield or Equities Even with Zero Rates
- Obama: Debt Could Cause a Double Dip Recession
- News from 17 November 1930: “We Face a Winter of Hunger and Distress”
- China Slams U.S. for Inflating Global Asset Prices Via Carry Trade
- Parallels Between US and Japanese Economies
- If the Fed is Looking to Inflate Away Problems, What Should Asia Do?
- Unemployment Rate Illusion
- Trouble in Ireland as Fitch Cuts Debt Two Notches to AA- and Deficits Soar
- Wood Warns of Correction, Says “Key Variable in the West is Government Policy”
- Bullish Data, Recoveries, Crashes and the Psychology of Forecasting Redux
- Jeremy Grantham: The Market is 25% Overvalued; 15% Correction Coming
- Richard Berstein: Once a Huge Market Bear, Now a Bull
- If the UK Economy is Still in Recession, why are London House Prices Hitting New Records?
- Plosser: The Fed Must Stop Qualitative Easing
- US Angling to get Chinese to Revalue Renminbi
- Latvia – the Insanity Continues
- Marc Faber: “Monetary Policy in the United States will stay Expansionary”
- Unemployment Numbers Still Point to Partial Recovery
- Federal Reserve’s Fisher Says Tightening will be Aggressive
- Moody’s: Iceland, Latvia and Hungary in “Fragile Stabilization”
- Bill Gross: Sell Equities and Buy Treasuries
- Bloomberg News is still after the Fed for more disclosure
- Tariffs: Other Industries May Line Up for Sanctions Against China
- Is Economic Boom around the Corner?
- Greenspan: Financial Crisis ‘Will Happen Again’
- Bernstein: America “Practically Invites Another Catastrophe”
- China to Diversify out of U.S. Dollars
- Sheila Bair and the Case Against a Super-Regulator
- Stephen Roach is Talking Double Dip Again
- Bank Leverage: Forever Blowing Bubbles Part Two
- Unemployment Claims Falling Faster than in Half of Past Recessions
- China Cutting Overcapacity
- Getting Bearish Again
- Existing Home Sales Add to the Parade of Bullish Data
- China Cuts Holding of U.S. Treasury Securities
- Weak Consumer Spending Will Last for Years
- More Trouble in the Baltics as S&P Downgrades
- The Absurdities of ‘Buy American’
- Stephen Roach Sees a W-shaped Recovery for China
- What Does a Double Dip Recession Look Like?
- Marc Faber: China’s Numbers are Fake
- Chinese Officials Warn Banks About Reckless Lending
- Spain: Bleak forecast puts unemployment at 22% in 2010
- Obama and Health Care: Wasting Political Capital


















