Spendere, ma per fare il bene pubblico. Creando valore, e non sottraendolo alla collettività. Guardando al lungo periodo, e non all’immediato: perché gli strumenti per ripensare l’economia sono gli stessi capaci di produrre inclusività, giustizia sociale, attenzione alla diversità. In altre parole, una società migliore.
El pánico financiero y la austeridad que impone Alemania le reportan grandes beneficios y favorecen la apuesta de los grandes especuladores contra las deudas soberanas de los países del sur de Europa
The creators of Debtocracy, a documentary with two million views broadcasted from Japan to Latin America, analyze the shifting of state assets to private han...
Large banks’ trading advice to its well-heeled hedge-fund customers is a closely guarded secret on Wall Street. But a Goldman Sachs report sheds a rare light on this secretive world.
Contrary, to orthodox “win-win” theory, globalization is a highly asymmetrical phenomenon. Initially, it creates far more producers than consumers. It also results in extraordinary imbalances between nations with current account deficits and surpluses. And it has led to a widening disparity of the returns between labor and capital. Does this mean that globalization is inherently unsustainable? Probably not. But it does mean that the most destabilizing phase of this mega-trend could well be close at hand.
Economist Nouriel Roubini says the risk of a global recession is greater than 50 percent, and the next two to three months will reveal the economy’s direction. In an interview with WSJ’s Simon Constable, Roubini also says he’s putting his money in cash. This is not the time to be in risky assets, he says.
The consequences of the Japanese earthquake – especially the ongoing crisis at the Fukushima nuclear power plant – resonate grimly for observers of the American financial crash that precipitated the Great Recession. Both events provide stark lessons about risks, and about how badly markets and societies can manage them.