The Great Debate UK

from Anatole Kaletsky:

What’s Europe’s best hope for avoiding a second euro crisis?

By Anatole Kaletsky
August 29, 2014

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This week’s theatrical resignation threat by Manuel Valls, the French prime minister, combined with deep European anxiety about deflation, suggest that the euro crisis may be coming back. But a crisis is often an opportunity, and this is the hope now beginning to excite markets in the eurozone.

from MacroScope:

Did France cause The Great Depression?

November 1, 2010

Economist Douglas Irwin of Dartmouth College has stirred up a bit of a fuss by concluding in some academic research that it was France, not the United States, that was most to blame for The Great Depression.

Why the world needs a weaker dollar

By Guest Contributor
October 8, 2010

IRAN-CURRENCY/RATE/Kathleen Brooks is research director at forex.com. The opinions expressed are her own.

from The Great Debate:

Here lies the Great American Consumer

By J Saft
September 10, 2009

jamessaft1.jpg--James Saft is a Reuters columnist. The opinions expressed are his own--

Rest in peace, Great American Consumer. We will not see your like again.

"Cash-for-clunkers" aside, consumers seem bent on actually paying back debt rather than racking it up, a change that if sustained, as it is likely to be, will dampen economic growth not for months but for years, and not just in the U.S.

Predicting the economic effects of swine flu

July 17, 2009

dm1- Marie Diron is senior economist at Oxford Economics. The opinions expressed are her own -

from The Great Debate:

The ugly attraction of fast shrinking Japan

May 21, 2009

James Saft Great Debate -- James Saft is a Reuters columnist. The opinions expressed are his own --

Sure, seeing your economy shrink at a 15 percent annual clip is depressing, quite literally, but if you believe in even a tepid global economic recovery in the second half, then Japan is actually attractive.

Deflation? It’s inflation you need to watch

March 25, 2009

– David Kuo is a director at the financial Web site The Motley Fool. The views expressed are his own. –

from The Great Debate:

Fighting deflation globally ain’t easy

By J Saft
November 21, 2008

James Saft Great Debate -- James Saft is a Reuters columnist. The opinions expressed are his own --

With the U.S., Japan and Britain -- nearly 40 percent of the global economy -- facing the threat of deflation, it's going to be just too easy for one, two or all three of them to get the policy response horribly wrong.