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Readings

  • Consensus is still too optimistic on the current downturn, plus lots more (Baseline)
  • Hayek’s Nobel Prize lecture (Source)
  • James Dyson: Let engineers make Britain great again (The Observer)
  • Good Bank/New Bank vs. Bad Bank: a rare example of a no-brainer (FT/Buiter)
  • Bloomberg.com (Source)
  • IMF may run out of cash to fight crisis in six months (Telegraph)
  • Is complaining about others’ protectionism protectionist? (CFR/Setser)
  • How Obama lost the conversation plot, plus the hangover theory of downturns (EP)
  • It’s Japan Again, Stupid (HuffPost/Pettifor)
  • Grim results predicted for UBS, Credit Suisse (Reuters)

Posted in VC.

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