By George Hay
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
–Stephen Evans is a former Senior Policy Advisor for HM Treasury and Director of Employment and Skills at Working Links. The opinions expressed are his own.–
Wal-Mart, the world's largest retailer, now has 189 stories in China, according to its website. Soon it will have many more. The U.S. chain has announced plans to open a series of "compact hypermarkets", using a bare-bones model developed in Latin America, the Financial Times said.
-James Saft is a Reuters columnist. The opinions expressed are his own-
As we say goodbye to a decade so abysmal it never even earned a nickname, it is time to take bets on how the coming 10 years will shape up in economics and financial markets.
The U.S. government should just get out of the way and allow the crash in U.S. housing; the market is too big, has too far to fall and Americans' finances are too strained.