Financial Markets

Italy’s problems are yet to descend into a Greek-style crisis, but that is the direction of travel. And Italy is far more serious than Greece because of its sheer size.

Argentina has all the ingredients to be a global leading economy, but current policy makes the country a promise that always disappoints. 

The biggest “success” of the ECB has been the massive bailout of governments at the expense of savers.

The next crisis is not likely to be another Lehman, but another Japan — a widespread zombification of global economies.