Reinhart, Rogoff to Krugman: Stop Scapegoating Us
Carmen Reinhart and Ken Rogoff sent Paul Krugman a letter over the weekend decrying what they called his “spectacularly uncivil behavior.”
Financial Repression: How Governments Punish Savers
As if on cue, Fed Chairman Ben Bernanke signaled he would take further action to keep interest rates low the day a new study on “financial repression” predicted the tactic.
Fellow Advisors, All Your Models Are ‘Garbage’: John Mauldin
After the developed world, and eventually even the U.S., deleverages, asset allocation models can be brought back. Is France the next Greece, or is it Japan?
PIMCO’s Bill Gross: Can More Debt Solve Debt Crisis?
The bond king says stimulus policies are stifling growth; on same day, OECD pleads for structural reform.