Nikkei Business. 3rd December 2004 After a couple of quarters of robust growth, the Japanese economy slowed sharply in the three months to end June. When these data were published, great confidence was expressed by interested parties, including bureaucrats and...
HealthInvestor, 1st October 2004 The old cliché that all predictions are difficult, particularly about the future, seems especially feeble when the discussion is about Europe. We can be confident that Britain will vote “No” in the promised referendum, that this will...
Nikkei Business., 28th September 2004 Few economists expected the weakness shown by Japan’s economy in the second quarter of the year. This is part of a worldwide trend as similar errors were made in the US, eurozone and UK. Economists, it seems, are not good at...
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