News from the front lines of the economic wars
A brilliant and provocative but pessimistic analysis by Albert Edwards of Société Générale:  “To cut or not to cut? Actually it doesn’t really matter. We’re stuffed anyway!”, 12 February 2010. With links to even better analysis by Richard Koo. Must-reading for anyone seeking to understand this crisis. Excerpt: About Europe My own view of developments, for what it is worth, …