Tuesday, September 28th, 2010
"This happy outcome was a result of serious efforts by the Finance Ministry to contain budget expenditure and by the Central Bank to restrain excessive monetary growth.
Friday, September 10th, 2010
Earlier this summer George Soros and some leading Keynesian economists criticized what they regarded as Germany's overly strict fiscal discipline. Yet Germany's real output expanded at a robust 9% annual rate in the second quarter, while the U.S. economy grew at an anemic 1.6% rate.
Friday, July 9th, 2010
Recently the Chinese authorities announced an end to the dollar peg and a move towards a more flexible exchange rate, as commented upon in a previous post.
Thursday, July 8th, 2010
"In 1998, four renegade German professors tried to stop the introduction of the euro with a legal challenge in Germany's highest court. Now, 12 years later, they are fighting against a German bailout for Greece -- and this time around, people are listening to them.
Wednesday, July 7th, 2010
"Committee members at the Bank of England and some economists have been puzzled by persistently high inflation in Britain, causing some concerns that the country’s recovery might stagnate.
Thursday, July 1st, 2010
"China’s government said the world’s third-biggest economy is heading in the right direction and business people and economists expect “relatively fast” growth to continue.
Wednesday, June 23rd, 2010
"Judy Shelton is an economist who has written 15 pieces for the Wall Street Journal over the past two years. She is the author of several books including Money Meltdown in 1994 and The Coming Soviet Crash in 1989.
Monday, June 21st, 2010
The Chinese government announced this weekend that they would move towards a greater degree of flexibility in the exchange rate. As stated by by the People's Bank of China:
Friday, June 18th, 2010
The Greek crisis rolls on.  This week yields on Greek government bonds rose by almost 3/4 of a percentage point to 9.06 percent as Moody's--a rating agency--downgraded its debt to junk bond status citin