Wall Street bubble fit to burst

Article Abstract:

This article assesses the sustained upward movement of the US stock market since the crash of October 1987, the effects of this on the US economy, and the prospects for an eventual sharp drop in share prices. Relevant points include uncertainty that the US Federal Reserve could protect the economy from excessive harm from a bear market as it did after the 1987 crash, and signs that many investors need little prompting to withdraw from the market.

Economic aspects, Forecasts and trends, Column, Stock-exchange, Stock exchanges, Bull market, Stock Market Crash, 1987

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Sleight of hand, by HECS

Article Abstract:

Issues concerning the education funding system initiated by Sir Robert Menzies in the Commonwealth are discussed. Particular attention is given to the risks of fee-paying higher education in Great Britain and to the implications of Commonwealth university funding.

United Kingdom, Finance, Education, Education, Higher, Higher education, Commonwealth of Nations

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Koizumi and the kamikaze factor

Article Abstract:

New Japanese prime minister Junichiro Koizumi's economic strategy could send Japan into a full depression, according to US economist Paul Krugman. Koizumi is regarded as promising radical structural reform.

Japan, Economic policy, Koizumi, Junichiro

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