News links for 24 February 2013
The links of particular note today are the ones on bank capital featuring Anat Admati's recommendations and the ones on France. As I wrote in November, it is not possible to believe France could get away with its governance approach while Spain and Italy were cutting. This is going to be a real problem for the euro zone in 2013 because it will determine how and whether deficit targets are relaxed and under what conditions. In my view, France is now a member of the periphery. The yield uptick may soon follow.
BBC News - Why speaking English can make you poor when you retire
Interesting theory. I am sceptical though.
"Prof Chen says his research proves that the grammar of the language we speak affects both our finances and our health.
Bluntly, he says, if...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.