The Money Morning newsletter bills itself as “Essential investment news & insight from MoneyWeek.com” which makes me suspicious right away because of all the times I have been lied to over the years by people telling me that something is “essential”, which it seldom is, and it usually turns out to be a code . . . → Read More: Gold, Silver and Oil: Buying the Essentials in Tough Markets
Paul Krugman (link) and Greg Mankiw (link) analyze the costs and benefits of China’s exchange rate policy.
Popular myth and, allegedly, the laws of aerodynamics have it that the bumblebee should not be able to take flight. Yet still, our good bumblebee refuses to be pulled down by such details and year after year it takes flight as if nothing has happened. This allegory applies, with some imagination, to Japans . . . → Read More: Japan – Defying Gravity?