Europe is way ahead of the U.S. in curbing dangerous high-speed financial speculation that adds nothing of value to the economy.
Derailing the High-Speed Trading Bullet Train
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Europe is way ahead of the U.S. in curbing dangerous high-speed financial speculation that adds nothing of value to the economy.
Ten years after the Asian financial cataclysm of 1997, the economies of the Western Pacific Rim are growing, though not at the rates they enjoyed before the crisis. The region has been indelibly scarred by the crisis. There is greater poverty, inequality, and social destabilization than before the crisis. South Korea’s painful labor market reforms, for instance, have produced the quiet desperation behind one of the highest suicide rates among developed countries.