England

Articles Finance Politics

Abe Gets His Ya-Ya’s Out

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The LDP, like the Rolling Stones, is a dinosaur outfit. Both lack the energy levels of their nineteen sixties heyday , but still manage to wipe the floor…

Articles Finance

Sayonara, Mr. Bond

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They walk in cool and confident, armed with their PowerPoint presentations. They leave town horizontal, soaked in red ink.

Finance Politics

Sayonara to Hard Money: Here Comes Global QE

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The Bank of Japan’s decision to adopt an inflation target and double its bond purchases completes the global flight to soft money.

Articles Finance

Gold – The Bubble in Fear

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The biblical parable of the talents contains a timely warning for the gold market. In the story the master distributes his wealth between three servants. The first and the second put their capital to work in businesses and generate healthy profits. The third, scared of losses, buries his share in the ground.

Articles Culture Politics

What The World Cup Tells Us About The World Economy

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Serious sport, according to George Orwell, is war minus the shooting. In the words of Bill Shankly, legendary manager of Liverpool F.C., football is not a matter of life and death; it’s much more important than that.