2020-02-22 20:16:17| Business - International Herald Tribune
European finance ministers, meeting at the G20 in Riyadh, are pushing the United States for a global tax deal as a year-end deadline looms.
2020-02-20 18:20:00| Fool.com Headlines
Should investors worry as Japan heads towards an inevitable recession?
2020-02-20 02:55:53| Between the Hedges
2020-02-19 21:56:08| Between the Hedges
2020-02-19 08:00:50| Guardian Unlimited Business - more business news
Seismic risks for the global system are growing, not least worsening US geopolitical rivalries, climate change and now the coronavirus outbreakIn my 2010 book, Crisis Economics, I defined financial crises not as the black swan events that Nassim Nicholas Taleb described in his eponymous bestseller but as white swans. According to Taleb, black swans are events that emerge unpredictably, like a tornado, from a fat-tailed statistical distribution. But I argued that financial crises, at least, are more like hurricanes: they are the predictable result of builtup economic and financial vulnerabilities and policy mistakes.There are times when we should expect the system to reach a tipping point the Minsky Moment when a boom and a bubble turn into a crash and a bust. Such events are not about the unknown unknowns but rather the known unknowns. Continue reading...