‘What’s Next?’: Explaining The Doomsday Cycle

- “What’s Next?”: Simon Johnson Explains The Doomsday Cycle (ZeroHedge, Sep 22, 2012): There is a common problem underlying the economic troubles of Europe, Japan, and the US: the symbiotic relationship between politicians who heed narrow interests and the growth of a financial sector that has become increasingly opaque (Igan and Mishra 2011). Bailouts have [...] continue reading the breaking news