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Bailing Out Ourselves

WS Journal - If Americans are honest with themselves, they will admit that bankers are far from the only cause of our current predicament. The U.S. is living through the aftermath of a classic credit mania, one that all of us enjoyed while it lasted.

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Is Sarkozy a closet socialist?

Economist - Part of Mr Sarkozy’s enthusiasm for state intervention can be explained by the financial crisis. With even the Americans and British bailing out companies with public money, the state is back in favour in the least likely places. The word “French”, which during the invasion of Iraq in 2003 was sometimes [...]

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