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Share the View: Monetary Policy for the Next Recession
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Jun 01, 2015
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<td style="padding-left: 15px; padding-right: 15px"><p><span class="top=c-title" style="font-family:'Arial Black', sans-serif;font-weight:bolder=color:#00b9e7;font-size:13px;text-transform:uppercase;line-height:1.6em"><= href="http://link.mail.bloombergview.com/55086a4c3b35d051538c37cc2nzme.:y/VQ8zgUmOo5ZTej6IB41fb" style="text-decoration:none;color:#00b9e7;lin=-height:1.6em">ECONOMICS</a></span></p>
<p><span class="topic-contributor-name" style="font-family:'Arial Black=, sans-serif;font-weight:bolder;color:#333333;font-size:17px;line-height:1nm;text-transform:none">Clive Crook:</span> <span class="topic-contribu=or-quote" style="font-family:Georgia, serif;font-weight:normal;color:#3333;font-size:17px;line-height:1.6em;text-transform:none">"By pre-crash st=ndards, the big central banks have made and continue to make amazing effor=s to support demand and keep their economies running. Quantitative easing =ould once have been seen as reckless. The official term of art -- unconven=ional monetary policy -- tacitly acknowledged that. But QE isn't unconvent=onal any longer."</span> <span class="topic-read-more" style="font-fam=ly:Arial, sans-serif;text-decoration:none;color:#00b9e7;font-weight:normal=font-size:17px;line-height:1.6em;text-transform:none"><a href="http://li=k.mail.bloombergview.com/55086a4c3b35d051538c37cc2nzme.13ay/VWuMcUmOyhuyPL77e3" style="text-decoration:none;color:#00b9e7;line-height:1.6em">Rea= more...</a></span></p>
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<p><span class="topic-title" style="font-family:'Arial Black', sans-ser=f;font-weight:bolder;color:#00b9e7;font-size:13px;text-transform:uppercase=line-height:1.6em"><a href="http://link.mail.bloombergview.com/55086a4c35d051538c37cc2nzme.13ay/VQry30mOpKWLGBzoB1ec7" style="text-decoration:n=ne;color:#00b9e7;line-height:1.6em">TECH</a></span></p>
<p><span class="topic-contributor-name" style="font-family:'Arial Black=, sans-serif;font-weight:bolder;color:#333333;font-size:17px;line-height:1nm;text-transform:none">Virginia Postrel:</span> <span class="topic-con=ributor-quote" style="font-family:Georgia, serif;font-weight:normal;colo=:#333333;font-size:17px;line-height:1.6em;text-transform:none">"At last a hnology company has grasped the essential difference between wearable an= portable, between clothing and accessories, between artifice that seems l=ke second nature and artifice that seems like a clunky cyborg upgrade. Sur=risingly, that company is the same behemoth (though a different team) that=peddled the aggressively unnatural Google Glass."</span> <span class="to=ic-read-more" style="font-family:Arial, sans-serif;text-decoration:none;=olor:#00b9e7;font-weight:normal;font-size:17px;line-height:1.6em;text-tran=form:none"><a href="http://link.mail.bloombergview.com/55086a4c3b35d051537cc2nzme.13ay/VWuMcUmOyhuyPLXBB13fe" style="text-decoration:none;colo=:#00b9e7;line-height:1.6em">Read more...</a></span></p>
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<p><span class="topic-title" style="font-family:'Arial Black', sans-ser=f;font-weight:bolder;color:#00b9e7;font-size:13px;text-transform:uppercase=line-height:1.6em"><a href="http://link.mail.bloombergview.com/55086a4c35d051538c37cc2nzme.13ay/VQhSBUmO1EvsVeFzBcf75" style="text-decoration:n=ne;color:#00b9e7;line-height:1.6em">AFRICA</a></span></p>
<p><span class="topic-contributor-name" style="font-family:'Arial Black=, sans-serif;font-weight:bolder;color:#333333;font-size:17px;line-height:1nm;text-transform:none">The Editors:</span> <span class="topic-contribu=or-quote" style="font-family:Georgia, serif;font-weight:normal;color:#3333;font-size:17px;line-height:1.6em;text-transform:none">"Good ideas some=imes die not from opposition but from mere neglect. Case in point: the Afrn Growth and Opportunity Act. This is a free-trade deal between the U.S.=and 39 sub-Saharan countries that expires in September. As Congress debate= whether to give President Barack Obama authority to conclude the better-k=own Trans-Pacific Partnership, the Africa agreement is in danger of slippi=g between the cracks."</span> <span class="topic-read-more" style="fon=-family:Arial, sans-serif;text-decoration:none;color:#00b9e7;font-weight:n=rmal;font-size:17px;line-height:1.6em;text-transform:none"><a href="http=//link.mail.bloombergview.com/55086a4c3b35d051538c37cc2nzme.13ay/VWuMcUmOy=uyPLXCBf62a" style="text-decoration:none;color:#00b9e7;line-height:1.6em=>Read more...</a></span></p>
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<p><span class="topic-title" style="font-family:'Arial Black', sans-ser=f;font-weight:bolder;color:#00b9e7;font-size:13px;text-transform:uppercase=line-height:1.6em"><a href="http://link.mail.bloombergview.com/55086a4c35d051538c37cc2nzme.13ay/VP9kIkmOpoExRQKMB15c0" style="text-decoration:n=ne;color:#00b9e7;line-height:1.6em">MIDDLE EAST</a></span></p>
<p><span class="topic-contributor-name" style="font-family:'Arial Black=, sans-serif;font-weight:bolder;color:#333333;font-size:17px;line-height:1nm;text-transform:none">Daniel Gordis:</span> <span class="topic-contri=utor-quote" style="font-family:Georgia, serif;font-weight:normal;color:#3333;font-size:17px;line-height:1.6em;text-transform:none">"Reuven Rivlin=was largely unknown outside Israel before he assumed the presidency last s=mmer, and was initially considered by many Israelis as an underwhelming ch=ice. He has quickly found a unique and nuanced voice, especially on the to=ic of Israel\u2019s relationships with Arabs -- both Arab citizens as w=ll as those beyond Israel\u2019s borders with whom the nation is sadly =t war."</span> <span class="topic-read-more" style="font-family:Arial,=sans-serif;text-decoration:none;color:#00b9e7;font-weight:normal;font-sizepx;line-height:1.6em;text-transform:none"><a href="http://link.mail.bl=ombergview.com/55086a4c3b35d051538c37cc2nzme.13ay/VWuMcUmOyhuyPLXDB3bb5" s=yle="text-decoration:none;color:#00b9e7;line-height:1.6em">Read more...<=a></span></p>
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<p><span class="topic-title" style="font-family:'Arial Black', sans-ser=f;font-weight:bolder;color:#00b9e7;font-size:13px;text-transform:uppercase=line-height:1.6em"><a href="http://link.mail.bloombergview.com/55086a4c35d051538c37cc2nzme.13ay/VQhSBUmO1EvsVeF8Bcc1a" style="text-decoration:n=ne;color:#00b9e7;line-height:1.6em">ASIAN ECONOMY</a></span></p>
<p><span class="topic-contributor-name" style="font-family:'Arial Black=, sans-serif;font-weight:bolder;color:#333333;font-size:17px;line-height:1nm;text-transform:none">William Pesek:</span> <span class="topic-contri=utor-quote" style="font-family:Georgia, serif;font-weight:normal;color:#3333;font-size:17px;line-height:1.6em;text-transform:none">"Japan has New=York hedge fund manager Daniel Loeb to thank for its biggest stock market =urge since 1988. ... But the stock surge doesn't represent a broader vote =f confidence in Prime Minister Shinzo Abe's economic program -- nor should=it."</span> <span class="topic-read-more" style="font-family:Arial, sa=s-serif;text-decoration:none;color:#00b9e7;font-weight:normal;font-size:17=x;line-height:1.6em;text-transform:none"><a href="http://link.mail.bloom=ergview.com/55086a4c3b35d051538c37cc2nzme.13ay/VWuMcUmOyhuyPLXEB3910" styl="text-decoration:none;color:#00b9e7;line-height:1.6em">Read more...</a>=/span></p>
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<p><span class="topic-title" style="font-family:'Arial Black', sans-ser=f;font-weight:bolder;color:#00b9e7;font-size:13px;text-transform:uppercase=line-height:1.6em"><a href="http://link.mail.bloombergview.com/55086a4c35d051538c37cc2nzme.13ay/VP9kIkmOpoExRQKGB4d15" style="text-decoration:n=ne;color:#00b9e7;line-height:1.6em">2016 ELECTIONS</a></span></p>
<p><span class="topic-contributor-name" style="font-family:'Arial Black=, sans-serif;font-weight:bolder;color:#333333;font-size:17px;line-height:1nm;text-transform:none">Albert R. Hunt:</span> <span class="topic-contr=butor-quote" style="font-family:Georgia, serif;font-weight:normal;color:33333;font-size:17px;line-height:1.6em;text-transform:none">"Foreign poli=y is shaping up as a defining issue in the presidential campaign. Republic=n candidates, with the exception of Rand Paul, are vying to take the most =awkish stance on combating Islamic State and, secondarily, countering Russ=an President Vladimir Putin. ... Yet the public still is interventionist-a=verse, after more than 13 years of wars, causing most candidates to temper=their rhetoric on the use of U.S. forces."</span> <span class="topic-rea=-more" style="font-family:Arial, sans-serif;text-decoration:none;color:# 9e7;font-weight:normal;font-size:17px;line-height:1.6em;text-transform:n=ne"><a href="http://link.mail.bloombergview.com/55086a4c3b35d051538c37cc=nzme.13ay/VWuMcUmOyhuyPLXFB4a3b" style="text-decoration:none;color:#00b9=7;line-height:1.6em">Read more...</a></span></p>
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<p><span class="topic-title" style="font-family:'Arial Black', sans-ser=f;font-weight:bolder;color:#00b9e7;font-size:13px;text-transform:uppercase=line-height:1.6em"><a href="http://link.mail.bloombergview.com/55086a4c35d051538c37cc2nzme.13ay/VP9kIkmOpoExRQKIBbcf8" style="text-decoration:n=ne;color:#00b9e7;line-height:1.6em">DECLASSIFIED</a></span></p>
<p><span class="topic-contributor-name" style="font-family:'Arial Black=, sans-serif;font-weight:bolder;color:#333333;font-size:17px;line-height:1nm;text-transform:none">Josh Rogin:</span> <span class="topic-contribut=r-quote" style="font-family:Georgia, serif;font-weight:normal;color:#3333;font-size:17px;line-height:1.6em;text-transform:none">"The U.S. and Chi=a escalated their war of words on Saturday, but Defense Secretary Ash Cart=r's new bluster did not hold any real strategy against Chinese aggression =n the South China Sea. The region is left to wonder whether Washington int=nds to back up its words."</span> <span class="topic-read-more" style=font-family:Arial, sans-serif;text-decoration:none;color:#00b9e7;font-weig=t:normal;font-size:17px;line-height:1.6em;text-transform:none"><a href="=ttp://link.mail.bloombergview.com/55086a4c3b35d051538c37cc2nzme.13ay/VWuMc=mOyhuyPLXGBdd3b" style="text-decoration:none;color:#00b9e7;line-height:1nm">Read more...</a></span></p></td>
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