Five Market Mysteries for the Year of the Monkey
What havoc might result if the Chinese authorities were to stage a large-scale currency depreciation?
Grossly Deceptive Parameters
The UK and France added a few extra percent to their GDPs by including drug-dealing, prostitution and smuggling.
Busted – How Low Can Commodities Go?
Fear of shortages may be hard-wired in the human brain, leading us to worry about threats that are fading and downplay those that loom large.
China and the Three Japans
Today’s China resembles a blurry overlay of at least three different phases of Japan’s historical trajectory
Twenty First Century Schizoid Markets
We have something akin to a poorly microwaved pizza — parts are still frozen and parts hot enough to blister your lips.
What the Nikkei-FT Deal Says about the World (and Japan)
What do Vice, the FT and the WSJ have that the Washington Post, Business Week and many other once iconic titles do not?
Eurogeddon – the Japanese Perspective
Yet successful conservative politicians are always empiricists, not idealists…
Twilight of the Technocrats
Even Iceland, this century’s poster-child for financial excess, is almost back to peak economic activity
This Year’s Model
“In theory there is no gap between practice and theory; in practice there is.”
Who’s Banking on China?
Japan now finds itself in a deeply uncomfortable position… As Hamlet might have put it, to join or not to join, that is the question.