Once upon a time Hugh Hendry was one of the world's most prominent financial skeptics, arguing with anyone who would listen that the status quo is doomed and that central planning will never work.
Via GEFIRA,
Much like BoJ governor Haruhiko Kuroda, Paul Krugman thinks that the key for Japan when it comes to overcoming decades of deflation is a positive outlook.
“Japan needs to reach a point where everyone believes that it has pulled out of deflation. And then if that can be believed, then it may be able to stay out of trouble thereafter,” he told an audience in Tokyo last September.
When Vladimir Putin told the world that ISIS gets a significant portion of its funding by selling oil to Turkey, he had just finished meeting with Jordan’s King Abdullah.
The King is no stranger to confronting the jihadists. Last year, Abdullah threatened to fly combat missions against Islamic State himself following the release of a horrific video that depicted a Jordanian pilot being burned alive in a cage.
Here is the picture the King sent to the militants:
Nearly four days have passed since four men detonated explosives-laden belts and luggage in the Brussels airport and metro killing nearly two dozen people and injuring hundreds and there’s still quite a bit of ambiguity regarding who exactly is dead, who’s still at large, and who was at the scene in the first place.