Paul Krugman: UK Economy is The Best in Europe

In an interview today with The Observer of London,  Nobel Prize-winning economist Paul Krugman said: “I think the UK economy looks the best in Europe at the moment. I have no position on all of the crazy stuff. But I think the policies are intelligent. The fact of the matter is that Britain did manage …

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Funding Retirement: Employers Share Vs. Employees Share

Interesting chart from OECD Observer on retirement contributions by employers  Vs. employees in select OECD countries. Unfortunately USA was excluded in this chart. Source: OECD Observer Excerpts from the report: “If you are a Polish worker, then you are probably paying 99% of total contributions, which is the highest in the OECD area. Turkey’s workers …

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Daily Wisdom: Resource-Rich Russia Edition

China’s stocks have been enjoying a rally since mid-March and one of the reasons could be the leakage of stimulus funds into the stockmarkets. Stimulus money leaking into Chinese stocks Nobel Prize-winning economist Paul Krugman says the UK economy is the best in Europe at the moment. UK’s economy is ‘best in Europe’ Two European …

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Economies of Developed World Projected To Get Worse Before Recovery

Most markets in the developed world have rallied sharply since hitting the lows in March this year.For example, the S&P 500 is has rallied 40%  from March lows as of yesterday. Fed officials and many others have been talking up the economy and there have been talk of “green shoots” appearing in the economy.Some economists …

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