Articles from the author

Fed policies are fixated on domestic fixes and that’s not working

China and the EU are not likely to rush into a multilateral accord to lower it

A more cautious interpretation of the missing defaults is that the protracted nature of the downturn in international conditions has yet to take its cumulative toll

If actual rates overshoot targets, it will mean less debt to deal with

Either China steps up with the renminbi or loses its appetite for greenback

But that should not be viewed as investors being less averse to risk

It can easily sink precariously perched economies if defences prove weak

To argue that debt levels do not impinge on growth is counter-productive

There has been so much of off-balance-sheet financing that it is a contagion

Commodity-dependent economies are again facing a mounting problem

Right now it seems careening towards a full on crash with serious consequences

If China shifts from gradual approach to yuan float, consequences will be dire