Age of Wisdom, Age of Foolishness (16) Written by Adam Whitehead, KeySignals.com “I never knew a man who had better motives for all the trouble he caused.” ― Graham Greene, The Quiet American
Interpreting Recent Emerging Market Currency Movements by Menzie Chinn, Econbrowser.com Appeared originally at Econbrowser 03 January 2013 Caption illustration added by Econintersect. Expectations of central bank policies are only part of the story. The rapid decline in emerging market currency values has been quite remarkable.
Age of Wisdom, Age of Foolishness (12) Written by Adam Whitehead, KeySignals.com Last week, the American Jury delivered its verdict on the economic recovery and the European Jury was asked to reconsider by the Judge. Juries on both sides of the Atlantic had been considering the parochial evidence of their own domestic economies in isolation …
The imperfections dealt with in emerging markets’ finance could well be used to address defects in industrialized countries.