Attention Economy


Monday, October 4, 2010

HIIC - A New Acronym

HIIC - Heavily Indebted Industrialized Countries
http://online.wsj.com/article/SB10001424052748704789404575524402059410506.html

Those who are familiar with the events of the mid to late 1990s (1994 Mexican Crisis, 1997 Asian Crisis, 1998 Brazilian and Russian Crisis) would find this ironic.


Meanwhile, Decoupling is Back (at least, according to some Wall Street economists)
http://www.bloomberg.com/news/print/2010-10-03/world-economy-decoupling-from-u-s-in-slowdown-returns-as-wall-street-view.html

Also, Bloomberg has an interesting interview with Bill Gross and Mohamed El-Erian of PIMCO:
http://www.bloomberg.com/video/63469612/