Wall Street Journal carries an interview with Jim O’ Neill of Goldman Sachs on the BRIC resilience. The four BRIC countries collectivley contribute to 15% of global GDP, 5% more than what Goldman Sachs first predicted in 2002, for the end of the decade. More here.
Iin the PEW Annual Global Attitudes Survey, American President gets [...]
After spending a month in Zurich (I had to be based there for two months from mid-May to mid-July), while walking towards the gate to board the flight back to Singapore, my 10-year old daughter summarised years and tomes of research on Euroscelorosis, deteriorating competitiveness with this one sentence: things were not only expensive in [...]
As part of its special report on ageing populations, Economist has a section on China’s dramatic rise in dependency ratio. The chart says it all. Check it out here.
Perhaps, if you are on the subject of ageing, you should treat yourself to Lucy Kellaway’s always-a-pleasure to read piece on ageing and the comparisons that ageing [...]
Felix Salmon now at Reuters charts (ht: Naked Capitalism) VIX index and Roubini. Fun stuff. I guess it is too late to ’short’ Roubini.
Tyler Durden over at Zero Hedge raises an interesting and important question.
From Prof. Steve Keen’s Debt Watch (Discovery of the site owed to Michael Pettis):
Oil Jumps on Bullish Goldman Forecast, Dow Jones, 5 June
Banking 101: get bailed out by your ex-CEO sitting in Washington; help yourself to $12.8 trillion; collude with your mates and use the bailout money to hire tankers to store oil while the [...]
Bare Talk at Mint
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