The global financial system is in a state of bedlam – just ask anyone whose 401k had WM, BSC, LEH, AIG, GM, or Citi in it. And then there is the US, which has run historically large current account, trade and budget deficits over ...
I was having a political chat with a friend a few days back – I told her that I was going to vote for the presidential candidate which I felt would spend the least money. She was shocked, “How can you say that when there are people who grow up ...

