Inconvenient truths

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By Cees Bruggemans

There are some inconvenient truths playing out.

There is the recession which is apparently still masquerading as a growth slowdown, but should eventually be acknowledged for what it really is, even if this isn’t quite convenient going into a general election.

Then there are the infrastructure cost […]

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Jeremy Grantham: Obama and the Teflon Men, and Other Short Stories (Part 2)

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This post deals with the second part of the quarterly newsletter by Jeremy Grantham, entitled “Obama and the Teflon Men, and Other Short Stories (Part 2)”. The newsletter, as always, makes for stimulating reading. […]

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