Word: inflationitis
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The divisive ethnic vitriol is further fueled by political calculation. Nationalism sells - as Dodik's and Silajdzic's parties learned in recent local elections, when they won the bulk of the vote in their respective constituencies. The politics of ethnocentrism props up the parties that really don't have anything...
Any company betting on a yen reversal may have a long wait. Tohru Sasaki, chief currency strategist in Tokyo at JPMorgan Chase & Co., believes the dollar-yen exchange is reaching a sustainable average. "The yen's level until last year was abnormally weak. Now it's coming back to normal...
Perhaps it's residual behavior from the campaign. Obama was something of a blank slate coming into the primary season one short year ago, and he used a loose network of "advisers" to draw politically convenient pictures of himself for voters. When he needed to look strong on Israel, for...
Retirement Jitters Re Justin Fox's article on pensions and retirement plans: allowing individuals to invest their savings in real growth opportunities is the best path to financial security [Dec. 15]. The government cannot guarantee a 3% return over inflation. We already have a national pension system called Social Security...
Allowing individuals to invest their savings in real growth opportunities is the best path to financial security. The government cannot guarantee a 3% return over inflation. And we already have a national pension system called Social Security, which is going bankrupt. All pension plans, regardless of the form, depend on...