• The Global Economy: Will the Craziness Stop in 2014? January 17, 2014

    The year 2013 saw two anniversaries: The 50th anniversary of the assassination of President John F Kennedy and the 5th anniversary of the global financial crisis (GFC) and the collapse of Lehman Brothers. Both events continue to cause controversy. Theories about the presidential killing are still debated. There are still...
  • Debt-fueled growth: Can the west avoid a Japanese future? December 23, 2013

    Scientists study distant galaxies to gain a better understanding of our own planet. In the same way, Japan's experience provides important insights into current global economic problems. Unfortunately, the lessons from Japan are largely being ignored. As John Kenneth Galbraith wryly observed: "There can be few fields of human endeavour...
  • Iceland on the wing September 11, 2012

    The T-shirt sums it up: Don't F**k with Iceland " We may not have cash but we've got ash! Cash refers to the fallout from an explosion: The effects of the global financial crisis on Iceland. Traditionally based on geothermal energy, fishing and agriculture, Iceland tried to reinvent its economy...
  • Satyajit Das: Capital preservation key to survival January 10, 2012

    As a gloomy New Year for investors starts off, here are some home truths about risk and returns. Satyajit Das Profile: He is an expert on financial derivatives and risk management Known for: His book 'Traders, Guns and Money' was almost prescient in the way it foresaw the troubles of...
  • Finland: The owl and the financier August 5, 2011

    The voles, Leena's email says, are numerous. It's what we've been waiting to hear all through the Northern winter. Her earlier reports on Finland's vole population contained a map of the country, colour-coded to indicate the vole density. We are happy for the voles (small mouse-like rodents), but what we're...