Very Interest-ing

December 18, 2015
The Federal Reserve Bank has finally taken the plunge and raised US short-term interest rates — after seven years of zero-interest rate policy (ZIRP). However, despite Fed claims to the contrary, businesses in the US are not in good shape — and the global economy is being dragged down by a weakening China. No wonder the market’s response was underwhelming, while analysts were openly critical.

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Weekly Columns

weeky columns

My “Global Agenda” column has been appearing in the Jerusalem Post’s Friday edition for 12 years. It presents a skeptical, sometimes cynical, view of economic and financial developments all around the world, as well as examining the social and political background to those developments. ECONOMICA The “Economica” column has been published in the English-language versions of “Hamodia” in North America, […]

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