Best of the Web: 07-05-26 nr 1877

Good morning. Cool overview of the three functions of money

What China owns in Europe


The OECD on Greece

The Wall Street Journal tries to explain the lack of inflation in the Eurozone

The plight of the US retailer continues

May is breaking records

And whilst on the subject of the UK: look at the dismal productivity record

Credit is too easy resulting in lower credit quality debt

On the rise of the Chinese super power

Some investment advice from Citi

And the schedule for the slow week ahead

A complete overview of all previous editions of Best of the Web can be found here All links provided are collected from public websites, unless otherwise specified. I have not checked the data or information for accuracy used, and therefore do not guarantee that all data provided will be 100% correct. The links provided do not necessarily reflect my personal opinion and should be seen as general interest: oftentimes I do not agree with arguments presented, but nevertheless think it is worthwhile to read them. It is up to the reader to make up their own mind. Suggestions or discussions are more than welcome. Do not quote unless specifically cleared beforehand!

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