The Great Debate

U.S. recovery – a mixed scorecard

June 8, 2010

Ultra-low interest rates and massive liquidity injections have acted like a painkiller, stabilising the U.S. economy and preventing it from going into shock. But they have not cured the underlying problem of over-extended households and an economy dependent on increasing consumer indebtedness as its main source of growth.

from Commentaries:

Japan takes a kinder approach to growth

August 31, 2009

The victorious Democratic Party of Japan did not put economic growth at the heart of its electoral sales pitch. The party's manifesto mentions "growth" only once. The word "support", by contrast, appears 19 times.

Japan: The mother of all miserable recoveries

August 18, 2009

jamessaft1(James Saft is a Reuters columnist. The opinions expressed are his own)

Investors met the news that Japan’s economy has emerged from a bone-breaking recession calmly and rationally: they sold shares quickly and in large amounts and made bets that consumer prices are going to be falling for years to come.

Stress test the consumer

July 6, 2009

Christopher Swann– Christopher Swann is a Reuters columnist. The views expressed are his own –

The recovery will feel familiar: lousy

May 5, 2009

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