ALL BLOG POSTS
Former Soviet central bank governor Victor Gerashchenko about present-day CBR governor Elvira Nabiullina:
It has been a busy year for me - it has especially been the Russian-Ukrainian crisis, which has kept me busy. However, I thought that this week would be fairly calm - I didn't have any traveling planned, not a lot a meetings scheduled and I had not expected to be too busy.
H. L. Mencken: “For every problem, there’s a simple solution. And it’s wrong.”
This is Sara Sjolin at MarketWatch.com:
This is from the Financial Times' FT View:
I started writing this post on Monday, but I have had an insanely busy week - mostly because of the continued sharp drop in oil prices and the impact of that on particularly the Russian rouble. But now I will try to finalize the post - it is after on a directly related topic to what I have focused on all week - in fact for most of 2014.
This is from Bloomberg:
Today revised US GDP numbers for Q3 were released. While most commentators focused on the better than expected real GDP numbers I am on the other hand mostly impressed by just how stable the development in nominal GDP is. Just take a look at the graph below.