16th August 2012
With two-year bond yields in six European countries recently turning negative, there is good reason to believe investors might be more alert to the threats of disaster after many decades in which such risk appeared to decline. Vox Eu
Just as there has never been anything wrong with the Broadway Theater that a hit show wouldn't fix, there's nothing wrong with stocks that can't be fixed by an economic recovery and a fresh bull market, writes Michael Sivy. TIME
After the recent agreement between the government and leading opposition parties to double the consumption tax – from 5% to 8% in 2014, and then to 10% in 2015, Yuriko Koike believes that Japan's political paralysis may have finally been lifted. Project Syndicate
With the addition Paul Ryan to the Republican presidential ticket, Robert Barro hopes the economic dialogue will encompass the enduring but still crucial debate about socialism versus capitalism. WSJ
"Much of the debt will have to be written off. Whether this is done by inflation (1945-1952) or default (1930-1934) will be the great political battle of the decade. Pick your side. Pick your history." The Telegraph
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