Top 5 Articles from December
1. The Potential European Debt Crisis You Are Not Hearing About
The European sovereign debt crisis has been occupying a disproportionate amount of investor mindshare over these past many months. Yet there is another potential debt crisis in Europe that is receiving almost no attention from financial analysts or the press.
2. Competitive Currency Devaluation: The Feeding Frenzy
That the world is grossly overindebted is perhaps an obvious point. But by how much — and why — are less clear. Today total global debt stands at approximately $150 trillion, or 194% of global gross domestic product.
3. What Explains China’s Economic Growth, And Is It Sustainable?
Why has China’s economy grown at such a fast rate during the last 30 years, and is this growth rate sustainable? These were the two key questions addressed by Zhiwu Chen at a continuing education event for investment professionals on 22 November 2011.
4. Daniel Kahneman: Financial Advisers Aren’t Immune from the “Illusion of Skill”
A few weeks ago, Daniel Kahneman, the Nobel prize-winning psychologist and pioneer of behavioral economics, wrote a fascinating article in The New York Times Magazine that examines the illusion of skill as it pertains to the stock-picking prowess of financial advisers.
5. Key Players In the European Sovereign Debt Crisis
Complicating matters in resolving the European sovereign debt crisis have been the large number of players, each of whom has a stake in the outcome of the crisis. Individual nations have played a role in the crisis, none more so than Greece. Yet Greece is not alone in fomenting the sovereign debt crisis confronting Europe