Is a Japan-Style "Lost Decade" Ahead for the US?
The laborious pace of the US recovery has inevitably fostered comparisons with Japan. But we find several reasons why a protracted slump like Japan’s is unlikely, as my colleague Gerry…
Signs of Topping in the Consumer Credit Cycle
Don’t bother counting me in the camp that thinks they can predict when the next recession will hit. The current consensus from those who try to do such things seems…
Digital Currencies a Silver Lining in the Dark Cloud of Greece’s Economic Crisis
As the world watches nervously, Greece, under pressure from the European Central Bank, takes the serious step of imposing capital controls: Banks are closed, ATM withdrawals are limited and funds…
Playing poker in the Eurozone [2/2]
Andrew Curry writes: In yesterday’s post I looked at the short-run issues about Syriza’s stand-off with Germany and the Eurozone. In this post, I’m going to look at the wider…