Council of perfection on lost decades

May 27, 2010

Deflation and a lost decade can be avoided it seems; all we need are perfect central bankers, sensible politicians, a biddable electorate and cooperative investors.

Regs, tax breaks expiry to hit lending

May 25, 2010

By Jim Saft

With tax credits for house buyers gone and tough new banking regulations on the way, expect lending in the United States to come under significant pressure.

Euro woes increase risk of trade wars

May 20, 2010

Europe won’t just be exporting deflation to the rest of the world, it will export serious trade tensions as well: first between the United States and China, and, possibly, eventually between Europe and the United States.

Euro zone medicine not working on banks

May 18, 2010

Fear of lending to banks is rising again in Europe, as even a 750 billion euro zone rescue package proves not enough to stem fears that the banking system will prove the weak link when southern European nations can’t meet their obligations.

Government debt’s Minsky-ish moment

May 13, 2010

If government debt is the new subprime, it may just turn out that Greece is a Florida condo while the United States is a single-family house in a nice mid-Western suburb, the kind of place that fell 15 rather than 50 percent.

Europe’s speculator full Employment Act

May 11, 2010

Far from setting a trap for the “wolfpack,” Europe’s $1 trillion bailout package amounts to a full employment act for speculators, or should that be the reality-based community, for the foreseeable future.

Dollar favorite in glue factory derby

May 6, 2010

The dollar may hang by the slender thread of the U.S. recovery, but this is probably enough to make it the major currency of choice.

Eerie calm before Britain’s election

May 5, 2010

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

Eerie calm before Britain’s election

May 4, 2010

To look at sterling and gilts, you would hardly know that Britain is sailing into a general election which will likely deliver a weaker government with a diminished ability, if not will, to grapple with high debts, an uncertain role in the global economy and an aging population.