Featured Articles

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    World Economy
    With Her Debt in Tow, Where is China Heading? : Michael Pettis
    By: Michael Pettis | Date: 27 Jan 2012

    China’s success story is one that would certainly go down the chapters of economic history. While the West firefights its debt crisis, many fail to realize that China too has her own fair share of debt. The overinvestment theory has gained greater attention from academics and politicians alike, and China is now looking to boost internal consumption as its engine of growth. However, unless Beijing has new tricks to cover its losses, her bad debt will put downward pressure on consumption growth. Read more

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    Companies & Investments
    Into The Belly Of The Beast (Part 1 - How Goldman Sachs Became The Most Hated Bank On Earth)
    By: David Smith | Date: 26 Jan 2012

    Goldman Sachs is the bank everyone loves to hate. In the first of our two-part investigation into the bank, we ask why they emerged as the biggest winners in the financial crisis. We also look at how they lobbied the US Government to reduce banking regulations, how they acquired massive fortunes by selling sub-prime mortgages, and how they deceived their clients by betting against the products they sold.Read more

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    Egypt Economy
    Egyptians Will Not Settle For An Incomplete Revolution: Mohamed El-Erian
    By: Mohamed A. El-Erian | Date: 25 Jan 2012

    Exactly one year ago, as the World Economic Forum convened in Davos, Egyptians took to the streets in a relatively peaceful protest to overthrow a regime that had ruled over them with an iron fist for 30 years. Today, their revolution is, unfortunately, incomplete and imperfect, but make no mistake: Egyptians will finish what they started.Read more

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    World Economy
    Enter The Dragon Year – How Will Asia Fare? : Haruhiko Kuroda
    By: Haruhiko Kuroda | Date: 24 Jan 2012

    The Year of the Dragon could be a challenging time for Asian countries as uncertainties – from within and without the region – are growing rapidly. As such, a calm, sensible, and prudent approach is needed to ensure Asia’s steady economic and development transformation.Read more

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    World Economy
    Disaster Economics – Prevention Is Always Better Than Cure: Justin Yifu Lin & Apurva Sanghi
    By: Justin Yifu Lin & Apurva Sanghi | Date: 20 Jan 2012

    Natural disasters are inevitable, but at every level we have the power to ensure that they do not become unnatural tragedies. According to a recent report released by the World Bank and the United Nations, an ounce of prevention in planning for disasters is worth a pound of cure. So prevention pays, if done right. And that means getting incentives right.Read more

    • Debt is the fatal disease of republics, the first thing and the mightiest to undermine governments and corrupt the people.
    Wendell Philips
    He who controls the money supply of a nation controls the nation.
    James A. Garfield
    The moment that government appears at market, the principles of the market will be subverted.
    Edmund Burke