Share the View 2: Europe, Deflation and Nazis

Share The View

THE LATEST OPINIONS FROM BLOOMBERG VIEW

JANUARY 22, 2015 bloombergview.com

EUROPE Mark Gilbert: "Even in the modern era of forward guidance from central banks, today's introduction of a government bond-buying program in the euro region is one of the most hyped, anticipated and leaked policies ever. Still, the initiative risks delivering too little, too late, leaving the bloc struggling to grow and afflicted by deflation." Read more... Leonid Bershidsky: "The story of Lutz Bachmann, until yesterday the leader of the 'anti-Islamization' Pegida movement in Dresden, Germany, is a cautionary tale for anyone joining anti-immigrant protests or voting for far-right parties in Europe. No matter how hard the leaders of such movements try to masquerade as mainstream politicians, chances are that if you scratch one, you'll find a racist or a Nazi sympathizer." Read more... U.S. ECONOMY A. Gary Shilling: "Has the long-awaited U.S. housing boom finally arrived? You would think so, judging from statistics so far this month. But don't hold your breath." Read more... ECONOMICS Noah Smith: "As China and Russia have surged in power during the past 15 years, more and more people have started to wonder if democracy is really the best economic system." Read more... REAL ESTATE Jonathan J. Miller: "Never have so many residential buildings had such lofty aspirations. Based on the number of stories in buildings worldwide that are more than 650 feet (200 meters) high, we're in the midst of an edifice eruption. An even bigger surge is forecast for next year." Read more... POLITICS Jonathan Bernstein: "It's Question Day!" Read more... DECLASSIFIED Josh Rogin and Eli Lake: "The Israeli intelligence agency Mossad has broken ranks with Prime Minister Benjamin Netanyahu, telling U.S. officials and lawmakers that a new Iran sanctions bill in the U.S. Congress would tank the Iran nuclear negotiations." Read more... NEWS ROUNDUP Bernstein (Read the news roundup) Ben Pershing from National Journal reports on what's causing trouble in the House Republican conference. Read more... From Bloomberg Politics, Dave Weigel on Republicans eager to pass the buck on war powers: Read more... Marc Ambinder, at the Week, on where the Republicans are on foreign policy: Read more... Matt Levine (Read the news roundup) Again with the Barclays dark pool: Read more... Venture capital and private equity: Read more... Some bond news: Read more... Barry Ritholtz (Read the news roundup) James Grant: The balance sheet that ate Switzerland: Read more... How did the Muslim "no-go zones" myth get started anyway? Read more... 15 tweets that will make you hate Davos: Read more... Katie Benner (Read the news roundup) Oracle says it will cut the price of its data center hardware strategy so that more companies will use its software, reports Bloomberg News. Read more... Twitter introduced a "while you're away" feature that recaps the top tweets in a user's timeline. Read more... The New York Times' Farhad Manjoo offers up a full-throated defense of Yahoo CEO Marissa Mayer. Read more...