Monthly Archives: February 2013

Jeremy Grantham on the dynamics of a lower growth world

GMO’s Jeremy Grantham has spent decades thinking about some of the big issues that influence our existence and the global economy. He thinks that the assumptions which have powered the industrial revolution for two centuries are looking pretty threadbare. Grantham … Continue reading

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Simpson and Bowles on deficit reduction proposals

Alan Simpson and Erskine Bowles about why they are reworking their deficit reduction goal. Their plan would reduce the deficit by $2.4 trillion over the next decade. Here is a direct link.

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Canadian dollar breaks support on weakening global demand

On Friday we confirmed that Canadian manufacturing sales declined 3.1% in December to $48.0 billion, the largest decline since May 2009. Sales decreased in 16 of 21 industries, representing 82% of the manufacturing sector. Durable goods sales were down 4.2% … Continue reading

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