Tag Archives: global economy

If you want to know what deep yogurt is like, this is it

Japan is up the creek without a paddle. It’s pretty remarkable to hear a BoJ governor saying things that some aggressive hedge-fund guys have been whispering for a while now.

Do Free Markets Actually Work?

The policy choices we’re getting will give us a fragile, but more-or-less sustainable, government-directed economy. It’s very hard to imagine that the developing world can recover robustly in these circumstances. Expect to see a steady increase in international tensions over the next few years as hundreds of millions of people sink back toward poverty.

- March 21, 2010 -

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