London asset managers 36 South are launching a "hyperinflation fund" for those convinced that money-printing by central banks around the world must lead to Weimar or Zimbabwe soon enough. Crude attempts to peddle an illusion about public spending will be exposed, suggests Jeff Randall. The media watchdog's ruling means a company can be successful, up to a point, and certainly only for a limited amount of time. We should all learn our lesson from the house-price bubble, writes Edmund Conway. City scribblers have been falling over themselves to revise up their forecasts. Supposedly, the recession is over. But is it, asks Roger Bootle. Willie Walsh is no charmer. A long, hot, salary-free July beckons, but the British Airways boss won't just be voluntarily working for no money – he will be working for no money in the full knowledge that his gesture has profoundly irritated many people. Economically speaking, the US and UK are often lumped together. Obviously, the two nations' genealogical, political and military ties are long-standing and strong. But in recent decades, and particularly since the Reagan-Thatcher era of the 1980s, America and Britain have been seen as economic first cousins too.Comment
The sharpest comment and analysis from the top columnists on UK and world finance news.
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Saturday, 27 June 2009
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