The Traderszone Network

Published in TZ Latest News 4 July, 2015 by The TZ Newswire Staff

Old Economic Thinking Is The Problem, BIS Warns

Submitted by PerryMehrling via PerryMehrling.com,

The 85th Annual Report of the BIS is not perhaps the obvious first choice for beach-reading on a holiday weekend, but having read through its 119 pages, the core message reminds me of nothing so much as the most memorable line of the 40-year-old summer blockbuster “Jaws”:  “You’re going to need a bigger boat.”

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