Mario Draghi, new ECB boss who completed his monetary apprenticeship at Goldman Sachs, has conjured up a sneaky way to print money while giving the impression he’s doing nothing of the sort.
January 19th, 2012 | Greg Canavan | 1 comment | ContinuedAll Posts Tagged With: "world bank"
Do Away With the IMF, World Bank, and Central Bank
On that note, it is worth going off on a tangent for a moment. The idea that government formed institutions can bring about free markets and globalisation is a paradox.
February 20th, 2010 | Nickolai Hubble | 0 comments | Continued
When it Comes to Economic Health, Nothing Beats a Depression
According to a pair of researchers from the University of Michigan, a depression does more for longevity than diet or exercise.
October 5th, 2009 | Bill Bonner | 0 comments | Continued
Arable Farmland More Precious Than Gold
There is another candidate for “largest Chinese investment in Australia ever.” But this time, it involves an asset that is arguably more strategic than oil and more precious than gold. But before we get to that little drama in the Australian share market (and the five-year opportunity it represents), spare a thought for gold.
September 29th, 2009 | Dan Denning | 13 comments | Continued
Geithner Ex Machina
After all, this was “the gravest global economic crisis in a half-century,” as then-World Bank economist Joseph Stiglitz called it before today’s global crisis showed up. So you needed the best minds, from the biggest and brightest international bodies, to jet in…survey the trouble…prescribe a solution (while signing a check)…and then jet out again, back to whichever hushed corridors they had just emptied.
March 13th, 2009 | Adrian Ash | 0 comments | Continued
Curtain of Debt Divides Europe
It’s looking more and more like the euro crash will come before the dollar crash. Or maybe they’ll crash together. Gordon Brown hinted at something bigger and better than just a few major world currencies. He pointed out that nothing anyone’s done has really worked yet. So obviously, more will have to be done…
February 23rd, 2009 | Dan Denning | 3 comments | Continued
The World Bank Goes Nuclear on Commodities
If you treat it as a thought experiment and ask yourself what would have to happen for the ASX to fall that much, you get some alarming possibilities. The liquidation of Oz Minerals? The dismemberment of Rio Tinto? The fall of a major investment bank or leveraged institution? Or perhaps it’s something simpler: more falling prices for commodities. That’s what the World Bank seems to think anyway…
December 10th, 2008 | Dan Denning | 7 comments | Continued
