When a bank fails in the United States, questions about who is to blame are often directed at many different regulatory agencies, because the system is complex and hard for outsiders to understand. In the wake of the collapse of Silicon Valley Bank, the case for an overhaul could not be stronger.
laments that the post-2008 Dodd-Frank reforms left in place a framework riddled with structural shortcomings.
The failures of Silicon Valley Bank and Signature Bank are significant market events. But, given an overheated labor market and 1970s-like inflation, if the Fed cannot see the whites of the eyes of a systemic banking crisis, then it must move aggressively on the inflation front.
urges the US central bank to continue raising interest rates, despite signs of financial-sector fragility.
Richard Haass
explains what caused the Ukraine war, urges the West to scrutinize its economic dependence on China, proposes ways to reverse the dangerous deterioration of democracy in America, and more.
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巴黎——
俄罗斯周日议会选举的赢家在意料之中:弗拉基米尔•普京为首的统一俄罗斯党。同样毫无悬念的是,普京将在2012年3月举行的总统大选中获胜。公众的热情让普京执政了十年,但是现在这份热情已经消失,普京的统一俄罗斯党在刚刚结束的杜马选举中表现平平,由此可见一斑。
欧洲深陷主权债务危机,美国的领导人正在争论如何遏制赤字,与欧洲和美国不同,俄罗斯看起来好像是一个稳定而具有连续性的美好国度。但是这种连续性更加让人想起勃列日涅夫时代的停滞。
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