IPEの果樹園2009

今週のReview

3/9-3/21

IPEの風

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世界の英字紙HPからコラムを要約・紹介します.著作権は,それぞれ,元の著作権に従います.

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******* 感嘆キー・ワード **********************

アイスランドの仲間、 東欧の金融危機、 オバマの財政政策、 金融救済と国有化、 世界金融危機、 オバマの安全保障

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ただしFTFinancial Times, NYTNew York Times, WPWashington Post, LATLos Angeles Times, BGBoston Globe, IHTInternational Herald Tribune, CSMChristian Science Monitor, WSJWall Street Journal Asia


WSJ FEBRUARY 24, 2009

Ultra-Capitalism Killed Iceland

(コメント) 「自由な資本主義の勝利」と主張してきたオッドソンたちが辞任するのは当然だ、と思う国民は多いでしょう。

NYT February 28, 2009

Ireland? Iceland? Doubts on Doomsday Scenario in Eire

By LANDON THOMAS Jr.

(コメント) アイスランドの破たんは、国際金融市場における次の犠牲者を探しています。たとえば、たった一文字しか違わないアイルランドです。非常に開放された小規模の経済で、銀行ビジネスや不動産投機が拡大し、経常収支の赤字と資本流入が続いていました。

しかし、アイルランドでルービニの役割を担うMorgan KellyEU最悪シナリオはもっと深刻です。もし東欧でいくつかの国が、アイスランドやアイルランドのようになれば、オーストリアやオランダ、ベルギーでも問題を生じ、南欧ではギリシャ、スペイン、イタリア、ポルトガルが経済危機に向かいます。たとえEU諸国の財政規模を考慮しても、こうした危機の連鎖を救済する能力はありません。

こうした国際金融危機を予言するエコノミストたちを、無責任に危機を扇動している、と批判する声もあります。アイルランドの公的債務はGDPの40%に抑えられており、銀行部門はGDPの200%を超えるが、10倍に達したアイスランドとは違う、と。

しかし、銀行救済が続く中で、アイルランドでも、金融犯罪者を見逃している、という抗議の声が強まっています。

BBC 2009/03/02

Argentina braced for recession

By Candace Piette

BG March 3, 2009

Scotland's independence day

By H.D.S. Greenway


WP Thursday, February 26, 2009

A Strategy for Afghanistan

By Henry A. Kissinger

FT March 5 2009

America must accept Iran as an equal partner

By Sadegh Kharrazi

WP Monday, March 9, 2009; A15

Foreign Policy Sequels

By Robert Kagan

NYT March 9, 2009

Middle East Reality Check

By ROGER COHEN

LAT March 14, 2009

U.S.-Cuba relations

By Marjorie Miller

FT March 16 2009

Nation-building in Afghanistan is a long shot

By Gideon Rachman


FT February 27 2009

How to annoy someone from central or eastern Europe

By Stefan Wagstyl

(コメント) ロンドンから見て、ロシアを除く東欧の経済は、売り一色のようです。各国の通貨価値は下落しています。ポーランドやチェコは東欧の中で優れた成果を上げてきたと自認しています。しかし、市場は区別してくれません。

WSJ FEBRUARY 28, 2009

The Odor Across the Oder

WP Sunday, March 1, 2009

In Europe, Breaking Up Is So Easy to Do

By William Drozdiak

WSJ MARCH 1, 2009

European Union Rejects Call for Eastern Europe Bailout

By PAUL HANNON and LEOS ROUSEK

The Guardian, Monday 2 March 2009

A crisis of faith is putting the EU at risk

Joschka Fischer

The Guardian, Monday 2 March 2009

The east freezes when the west catches cold

Larry Elliott, economics editor

FT March 2 2009

Euroscepticism is yesterday’s creed

By Gideon Rachman

WP Tuesday, March 3, 2009

European Disunion

By Anne Applebaum

FT March 3 2009

Not so Maastricht

FT March 3 2009

The ECB

NYT March 6, 2009

In East Europe, Some Hope of Avoiding Recession

By JUDY DEMPSEY

NYT March 8, 2009

Subprime Europe

By LIAQUAT AHAMED

The Guardian, Monday 9 March 2009

Europe must pull together in this crisis

Yulia Tymoshenko

March 9 (Bloomberg)

Sick Men of Europe Need Dr. Merkel’s Medicine

Michael R. Sesit

The Guardian, Tuesday 10 March 2009

Thank heaven we're not in the euro

John Redwood

FT March 11 2009

Agitation as middle-class Europe struggles to cope

By John Thornhill

WSJ MARCH 12, 2009

Eastern European Currencies Need Help Now

By ZSOLT DARVAS and JEAN PISANI-FERRY

BG March 13, 2009

Europe's existential threat

BG March 15, 2009

Rethinking Europe

By James Poulos


FT February 27 2009

Highway to hell revisited

By Christopher Caldwell

BG February 28, 2009

Obama's Reaganesque challenge

By William F. Weld and John B. Stimpson

BBC 2009/03/01

America's trillion dollar question

NYT March 1, 2009

Franklin Delano Obama

By NICHOLAS D. KRISTOF

March 2 (Bloomberg)

Obama Spending Shocks in Scale, Builds Upon Bush

Kevin Hassett

LAT March 2, 2009

Fighting Depression

WP Monday, March 2, 2009

The Re-Redistributor

By E.J. Dionne Jr.

WP Monday, March 2, 2009

Wrong Turn on Housing

By Robert J. Samuelson

WP Wednesday, March 4, 2009

Who You Calling Socialist?

By Harold Meyerson

WP Thursday, March 5, 2009

The Right Roosevelt?

By David Ignatius

WSJ MARCH 6, 2009

Obama's Radicalism Is Killing the Dow

By MICHAEL J. BOSKIN

WP Monday, March 9, 2009; A15

Obama's Double Talk

By Robert J. Samuelson

WSJ MARCH 9, 2009

In Defense of Obamanomics

By LAURA D'ANDREA TYSON

LAT March 10, 2009

Obama's fear-mongering

Jonah Goldberg

FT March 11 2009

The audacity of help

By Chrystia Freeland

NYT March 11, 2009

Mr. Obama Trade Agenda

NYT March 12, 2009

Ending the ‘Race to the Bottom’

FT March 15 2009

How Obama can avoid a policy jam

By Clive Crook


NYT February 28, 2009

The Great Solvent North

By THERESA TEDESCO


NYT February 28, 2009

A Textile Capital of China Is Hobbled by a Downturn Gone Global

By DAVID BARBOZA

FT March 3 2009

A trade surplus is not always a sign of strength

By Simon Tilford

FT March 3 2009

Asian FX reserves

WSJ MARCH 4, 2009

Beijing's Consumption Blues

By MICHAEL PETTIS

FT March 4 2009

Common goals for China and the US

Asia Times Online, Mar 5, 2009

Beijing builds on credit crisis

By Antoaneta Bezlova

NYT March 5, 2009

Economy to Dominate Annual Chinese Gathering

By MICHAEL WINES

BBC 5 Mar 09, 06:25 AM

Super China

Robert Peston

The International Herald Tribune, 5 March 2009

For East Asia, Crisis Prompts a Rethinking of Dependence on Exports

Keith Bradsher

FT March 5 2009

A fog of war that China can ill afford

FT March 5 2009

Chinese stimulus

(China Daily) 2009-03-05

Time to think globally

March 6 (Bloomberg)

China’s 2009 Rebound Is Pure Fantasy

William Pesek

The Guardian, Tuesday 10 March 2009

Will US-China relations sink or swim?

Simon Tisdall

WSJ MARCH 12, 2009

The Chinese Migrant's Mindset

By ALEXANDRA HARNEY

FT March 15 2009

A quest for other ways

By David Pilling and Ralph Atkins


The Sunday TimesMarch 1, 2009

The special relationship is going global

Gordon Brown

The Observer, Sunday 1 March 2009

It's time to tell America some home truths, Prime Minister

Will Hutton

The Times, March 2, 2009

Good people + impossible task = collapse

William Rees-Mogg

FT March 2 2009

The way to reset a once-special relationship

By Philip Stephens

The Guardian, Tuesday 3 March 2009

Testing the special relationship's limits

James Martin

FT March 3 2009

Not much chance of any ‘Yo, Brown’

BBC 2009/03/04

Did Brown succeed in Washington?

By Kevin Connolly

NYT March 12, 2009

Gordon to the Rescue

By ROGER COHEN

WSJ MARCH 12, 2009

A Way Out of the Financial Crisis

By ALISTAIR DARLING


WP Sunday, March 1, 2009

Bailout II: Obama's Hardest Sell

By Ruth Marcus

(コメント) 

 

NYT March 1, 2009

Message to Regulators: Bank Fix Needed Quickly

By TYLER COWEN

FT March 1 2009

How Washington can prevent ‘zombie banks’

By James Baker

March 2 (Bloomberg)

Some Banks Must Die So the U.S. Economy Can Live

Caroline Baum

WP Monday, March 2, 2009

A Risky 'Systemic' Watchdog

By Sebastian Mallaby

FT March 2 2009

Investment and the crisis: an error-laden machine

By John Plender

WSJ MARCH 2, 2009

Too Risky for Venture Capitalists

By L. GORDON CROVITZ

WP Tuesday, March 3, 2009

AIG Agony

NYT March 3, 2009

The Never-Ending Bailout

FT March 3 2009

To nationalise or not – that is the question

By Martin Wolf

FT March 3 2009

How the competent bankers can be assisted

By John Kay

Asia Times Online, Mar 4, 2009

The unspeakable solution

By Nouriel Roubini

March 4 (Bloomberg)

Private Equity Needs Fixing Before It’s Too Late

Matthew Lynn

NYT March 5, 2009

Matters of Principal

By JOHN D. GEANAKOPLOS and SUSAN P. KONIAK

NYT March 6, 2009

The Big Dither

By PAUL KRUGMAN

NYT March 8, 2009

Common Sense in Lending

FT March 9 2009

Fix the banks first – and then shoot the bankers

By Philip Stephens

NYT March 9, 2009

On the Origin of Bankers’ Giant Bonuses

By EDUARDO PORTER

FT March 9 2009

Put out the fire before fixing the sprinkler

By Anil Kashyap and Frederic Mishkin

WSJ MARCH 9, 2009

Some Myths About Banks

By KENNETH D. LEWIS

LAT March 11, 2009

Bernanke the enforcer

WP Wednesday, March 11, 2009; D01

It'll Take More Than Money to Fix This Crisis

By Steven Pearlstein

FT March 12 2009

Bank reserves

FT March 12 2009

Insight: US is ready for Swedish lesson on banks

By Gillian Tett

FT March 13 2009

Offshore banking

March 13 (Bloomberg)

Wal-Mart Can Do Us Good Taking on Bank of America

David Reilly

LAT March 15, 2009

Banking clarity

NYT March 15, 2009

Following the A.I.G. Money

WSJ MARCH 16, 2009

Bear Stearns: The Fed's Original 'Systemic Risk' Sin

By JAMES FREEMAN


NYT March 1, 2009

When Will the Recession Be Over?

If You Have to Ask...

By JAMES GRANT

The end is unknown.

Beware the False Dawn

By STEPHEN S.ROACH

Market gyrations are expected.

A Long Goodbye

By A. MICHAEL SPENCE

The short answer is not soon.

Stop the Bailouts

By WILLIAM POOLE

Federal policy is damaging the economy prospects.

Back Online by 2010

By ERIC SCHMIDT

The internet is a critical part of our recovery.

An Ordinary Crisis

By GEORGE COOPER

The economy is on the same path as previous bubbles.

Our Great Recession

By NIALL FERGUSON

The fall in American output won rebound quickly.

It Can't Last Forever

By ALAN S. BLINDER

Growth will return, assuming there are no new surprises.

Tumbling Dice

By MARCELLE CHAUVET and KEVIN A. HASSETT

By the fourth quarter, the odds are better.

Rule of Four

By CARMEN M. REINHART

As the contraction continues, look at more severe precedents.

The L Curve

By NOURIEL ROUBINI

The Guardian, Friday 6 March 2009

Care to borrow a depression?

Kenneth Rogoff

NYT March 10, 2009

Taking a Depression Seriously

By DAVID BROOKS

WSJ MARCH 11, 2009

The Fed Didn't Cause the Housing Bubble

By ALAN GREENSPAN

WSJ March 11, 2009

Is Warren Buffett Wrong? Four Reasons the Recession May Be Easing

By Heidi N. Moore


FT March 1 2009

Emerging market finance: a gap to fill

By Alan Beattie in Washington

YaleGlobal, 2 March 2009

Mounting US Debt Burden Threatens Poorer Nations

David Dapice

IHT Monday, March 2, 2009

Pursuing the spirit of Niu

By QUEENIE QIAN and ANNE WU


March 2 (Bloomberg)

Fighting Global Crisis Isn’t Meant to Be Easy

Michael R. Sesit

The Guardian, Monday 2 March 2009

Staving off another Great Depression

Dean Baker

NYT March 2, 2009

Revenge of the Glut

By Paul Krugman

FT March 2 2009

Obama’s chance to lead the green recovery

By Joseph Stiglitz and Nicholas Stern

March 3 (Bloomberg)

Gold Standard Fans Yearn for Great Depression

Michael R. Sesit

NYT March 4, 2009

Obama’s Ball and Chain

By THOMAS L. FRIEDMAN

WSJ MARCH 4, 2009

What Are the Odds of a Depression?

By ROBERT J. BARRO

WP Wednesday, March 4, 2009; A15

Who You Calling Socialist?

By Harold Meyerson

NYT March 5, 2009

The Crisis at Home and Abroad

The Japan Times: Thursday, March 5, 2009

Saving our sinking economies

By DAVID HOWELL

WP Monday, March 9, 2009; A15

The Audacity of Audacity

By E.J. Dionne Jr.

NYT March 9, 2009

Behind the Curve

By PAUL KRUGMAN

March 10 (Bloomberg)

Obama's Housing Rescue Is American Pipe Dream

Caroline Baum

NYT March 11, 2009

This Is Not a Test. This Is Not a Test.

By THOMAS L. FRIEDMAN

BG March 11, 2009

Obama a socialist? Not quite

By Scot Lehigh, Globe Columnist

BG March 12, 2009

Surviving the Great Collapse

By Robert Kuttner

WP Sunday, March 15, 2009; A17

End of the Honeymoon

By David S. Broder

WSJ MARCH 16, 2009

Labor's European Model


LAT March 2, 2009

ICE fishing

Business Week, 3 March 2009

Why Skilled Immigrants Are Leaving the U.S.

By Vivek Wadhwa

NYT March 4, 2009

Who Running Immigration?

NYT March 10, 2009

Workers Without Borders

By JENNIFER GORDON


NYT March 2, 2009

Japan Crisis of the Mind

By MASARU TAMAMOTO

China Daily, 2009-03-02

Cooperation, friction to continue with Japan

By Liang Yunxiang

March 4 (Bloomberg)

Mom, Dad Have No Right to Deny Obama-Like Leader

William Pesek

FT March 4 2009

Japan harks back to an age of innocence

By David Pilling

March 9 (Bloomberg)

Deflation’s Return Speeds Up Race-to-Zero Rates

William Pesek

FT March 9 2009

Japan’s current account deficit


FT March 2 2009

Dubai contractors face cash flow crisis

By Robin Wigglesworth in Abu Dhabi and David Fickling in London


FT March 4 2009

A chance to remake the global financial system

By Paul Keating

FT March 4 2009

Look for onshore, not offshore scapegoats

By Avinash Persaud

FT March 5 2009

How the Fund can help save the world economy

By Ted Truman

WP Friday, March 6, 2009

Recovery Rides on The 'G-2'

By Robert B. Zoellick and Justin Yifu Lin

Time Magazine, 6 March 2009

Should China and the U.S. Swap Stimulus Packages?

By Bill Powell / Beijing

FT March 8 2009

An L of a recession – reform is the way out

By Wolfgang Münchau

The Guardian, Monday 9 March 2009

East Asia's economic revenge

Dean Baker

FT March 10 2009

Why the G20 must focus on sustaining demand

By Martin Wolf

FT March 10 2009

World badly needs transatlantic unity

The Guardian, Tuesday 10 March 2009

Only a global fix will do

Alistair Darling

NYT March 12, 2009

A Tsunami of Excuses

By WILLIAM D. COHAN

The Guardian, Thursday 12 March 2009

The tax haven scandal must end

John Hilary

The Guardian, Thursday 12 March 2009

G20 summit is no launch pad for an election

Michael White

WSJ March 12, 2009

Sweeping Action at G-20 Summit Unlikely

By Laurence Norman

March 13 (Bloomberg)

China Needs Another $2 Trillion of Treasuries

William Pesek

FT March 13 2009

The gap of twenty

By Alan Beattie in Washington

FT March 13 2009

Slow progress, but the right direction

The Guardian, Saturday 14 March 2009

A catalogue of banking errors

John Redwood

WP Sunday, March 15, 2009; A19

Back to the Bubble?

By David Ignatius

FT March 15 2009

Collective action on the crisis is our best hope

By Wolfgang Münchau

FT March 15 2009

Capitalism needs a revived Glass-Steagall

By Nigel Lawson


The Guardian, Thursday 5 March 2009

Crank up the presses

Larry Elliott

FT March 5 2009

Big risks for the insurer of last resort

By Martin Wolf

FT March 5 2009

Bank of England decision

The Times, March 6, 2009

The Politics of Printing Money

Bank of England

The Guardian, Thursday 5 March 2009

Let the presses roll

FT March 9 2009

Lost through destructive creation

By Gillian Tett

The Guardian, Friday 13 March 2009

The price of a sterling crisis

DeAnne Julius and Danny Gabay


IHT Thursday, March 5, 2009

Pondering NATO's future

By Stanley R. Sloan

NYT August 15, 2008

The Great Illusion

By PAUL KRUGMAN


BG March 6, 2009

Building walls with US trading partners

By Edward L. Glaeser


Asia Times Online, Mar 7, 2009

North Korea fills the air with threats

By Donald Kirk

FT March 11 2009

N Korea is more Confucian cult than rogue state

By David Pilling

BG March 16, 2009

Obama's missile test


FT March 8 2009

Seeds of its own destruction

By Martin Wolf

FT March 12 2009

It seems not all recessions are created equal

By Samuel Brittan

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The Economist February 28th 2008

The bill that could break up Europe

The White House and America’s banks: In knots over nationalization

Ex-communist economies: The whiff of contagion

Germany: Europe’s reluctant paymaster

Protesters in Ireland: In a strew

Charlemagne: Europe’s family squabbles

American banks: A ghoulish prospect

Economics focus: Domino theory

(コメント) 東欧とヨーロッパにおける金融不安、アメリカの銀行国有化、について、興味深い記事がありました。