While these policies can produce short-term benefits that appear “magical”, as with most things in life, they come with longer term consequences. After ten years of such policies, the consequences are becoming increasingly visible...
Bayer’s Chief Executive Werner Baumann last week said the company would consider settling with US plaintiffs only on reasonable terms, and if it "achieves finality of the overall litigation."
Zimbabwe’s Finance Minister Mthuli Ncube announced last week that Zimbabwe will suspend the release of government annual inflation statistics until February 2020. So, at present, I am the ONLY reliable source for accurate, current inflation measurements for Zimbabwe.
"It’s incredible investors in ultra-long bonds are crowing about such short-term returns! But that’s the world – short-term is everything, while we neglect the long-term."
"They occupied the highest executive positions in those three Goldman Sachs subsidiaries, and exercised or ought to have exercised decision-making authority over the transactions of those bodies corporate."