No 124: Some articles of interest

NOURIEL Roubini, Professor at New York University, is famous as one of the only economists to accurately predict the Credit Crunch.

Read this to see what he thinks will happen next:
http://www.telegraph.co.uk/finance/economics/7756684/Nouriel-Roubini-said-said-the-bubble-would-burst-and-it-did.-So-what-next.html

The UK is the 22nd most competitive country in the world. China has entered the top 20 for the first time. USA has dropped to 3rd, behind Singapore and Hong Kong.
http://business.timesonline.co.uk/tol/business/economics/article7132864.ece

Do the recently high rates of inflation mean that the monetary policy of the Bank of England is failing?
http://www.guardian.co.uk/business/2010/may/18/inflation-analysis-larry-elliott

Cutting budgets now, according to this article, risks plunging the world back into recession, just as Keynes warned 80 years ago.
http://www.guardian.co.uk/commentisfree/2010/may/17/keynes-danger-deficit-reduction