Saturday, March 28, 2009
FT.com / In depth - Is it back to the Fifties?
FT.com / In depth - Is it back to the Fifties?: "There’s no such thing as a risk that you get paid for taking. The whole point about risk is that you don’t know if you’re going to be paid for it or not,"
Wednesday, March 25, 2009
Foreign Policy: The Center Cannot Hold
Foreign Policy: The Center Cannot Hold: "Europe's problems are not local or national ones, but that it is the eurozone itself -- in its conception and its architecture -- that is fundamentally flawed, lacking the ability to come to the aid of individual countries in difficulty. Some analysts even worry that we might be witnessing the beginning of the end of the European experiment altogether."
Tuesday, March 24, 2009
Monday, March 16, 2009
Federal Reserve Bank of New York - Landmarks - New York Magazine
Federal Reserve Bank of New York - Landmarks - New York Magazine: "The amount of money changing hands on Wall Street in a day is peanuts compared with the gold mine kept 80 feet below the financial district, inside the Federal Reserve Bank"
Sunday, March 15, 2009
Op-Ed Columnist Friedman: The great Disruption
Op-Ed Columnist - The Inflection Is Near? - NYTimes.com: "Glenn Prickett, senior vice president at Conservation International. But, he cautioned, as environmentalists have pointed out: “Mother Nature doesn’t do bailouts.”"
Saturday, March 14, 2009
Saturday, March 7, 2009
Obama's economic saviour savaged as Keating lets rip | smh.com.au
Obama's economic saviour savaged as Keating lets rip | smh.com.au: "These reserves are so large at $US2 trillion as to equal $US2000 for every Chinese person, and when your consider that the average income of Chinese people is $US4000 to $US5000, it's 50 per cent of their annual income. It's a huge thing for a developing country to not spend its wealth on its own development.'"
Thursday, March 5, 2009
RGE - The Re-Emergence of Global Protectionism: A Newer Version of Smoot-Hawley?
RGE - The Re-Emergence of Global Protectionism: A Newer Version of Smoot-Hawley?: "As governments around the world fight rising unemployment, falling exports and bank credit crunch, and several central banks are facing liquidity traps, many are turning to restrictions that privilege national producers. These populist measures attempt to minimize growth impact, social unrest and pain from the credit crunch that poses a risk to several ruling governments, especially those facing elections soon. Furthermore, some officials hope that such restrictions will reduce the leakage of the scarce funds used in bank bailouts and fiscal stimulus to other countries."
Wednesday, March 4, 2009
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