Financial Times (June 16)
“This is no time to revert to Little England. We are Great Britain. We have a contribution to make to a more prosperous, safer world. The vote must be ‘Remain’.”
Tags: Brexit, EU, Great Britain, Little England, Prosperous, Remain, Safe, Vote
Wall Street Journal (June 15)
The yield on 10-year German bunds turned negative, a new low. “This is good for governments that want to finance spending on the cheap, but it’s not so good for the private risk-taking that drives economic growth. Negative interest rates reflect a lack of confidence in options for private investment. They also discourage savings that can be invested in profitable ventures. A negative 10-year bond is less a sign of monetary wizardry than of economic policy failure.”
Tags: Bunds, Confidence, Finance, Germany, Governments, Growth, Investment, Negative interest, Options, Risk-taking, Savings, Spending, Yield
