China’s currency may soon have its international status elevated, though it does not deserve the promotion.
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Tag Archives: The International Monetary Fund
Heading For The Grexit
As in any classical tragedy, the Greeks cannot escape the consequences of their own choices.
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China’s Economic Crown Comes With An Asterisk
The IMF says China is now the world’s biggest economy. While questionable today, this surely will be true soon.
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A Chiseler As Well As A Deadbeat
Investors fishing for returns in Argentina recall the old joke about a stick with a hook at one end and a fool at the other.
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We’re Spectators To Europe’s Show
The Olympics are not the only events in Europe that have Americans riveted, though we’re unaccustomed to watching from the sidelines.
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Money, Power And Sex
We might be shocked by the bedroom scandals that dominate political and economic news this week, but we ought not …
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The Euro Lifeboat
Citizens of Germany, Greece and Ireland are all learning an important lesson: When you share a lifeboat with someone, you …
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The Dog That Did Not Bark
Something pretty significant did not happen yesterday, and because it did not happen, not many people paid attention to it. …
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Sensible Measures In Europe
European leaders, with some outside help, have finally moved decisively to deal with the debt crisis that was rapidly spreading …
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The Yuan Stops Over There
Just months after being named a reserve currency, China’s yuan is being restricted as if to prove that designation was premature.
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