Shattering the American dream: The US government’s Ponzi scheme
Fiscal sustainability and generational equity are two of the most pressing policy issues of our times. Yet these two highl...
Five Years After Crisis, No Normal Recovery – by Carmen Reinhart & Kenneth Rogoff
With the U.S. economy yielding firmer data, some researchers are beginning to argue that recoveries fro...
Financial Repression Back to Stay: Carmen M. Reinhart
As they have before in the aftermath of financial crises or wars, governments and central banks are increasingly resorting to a form o...
US Economist Kenneth Rogoff - 'Germany Has Been the Winner in the Globalization Process'
In an interview with SPIEGEL, Harvard economist Kenneth Rogoff, 58, says it was a mistake to bring ...
Why the euro needs to fall
Although I appreciate that exchange rates are never easy to explain or understand, I find today’s relatively robust value for the euro somewhat mysterious. Do ...
European Pact Only Buys Time as Region’s Problem Worsens, Rogoff Says
European leaders’ agreement to expand a bailout fund to stem the region’s debt crisis only buys time as Greece ...
Han gjorde tidenes investering - to ganger på rad
I løpet av fem små år har en helt ukjent forvalter fra Texas, Kyle Bass, slått seg opp som kanskje verdens smarteste investor. Først...
Bernanke ready for action, but when is in doubt
Federal Reserve Chairman Ben Bernanke is expected to use his highly anticipated speech from Jackson Hole, Wyo. to stress that he is willing ...
Den økonomiske situasjonen er håpløs – og nobelprisvinner i økonomi Paul Krugman anbefaler en fingert verdenskrig mot utenomjordiske vesener i intervju med CNN
As I have repeatedly docu...
China’s Yuan Strengthens Beyond 6.40 Per Dollar for First Time Since 1993
The yuan strengthened beyond 6.4 per dollar for the first time in 17 years, supported by the Federal Reserve’...
China Inflation Quickening to 6.5% Limits Policy Response to Global Crisis
China’s inflation accelerated to the fastest pace in three years in July, limiting the scope for monetary easin...
Rogoff Sees Fed Asset Purchases in Effort to Secure U.S. Economic Recovery
Federal Reserve policy makers are likely to embark on a third round of large-scale asset purchases, moving “mor...
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