Subject: Share the View 2: The Secret to a Great Economy
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Share The View

The Latest Opinions From Bloomberg View

Jul 31, 2015

bloombergview.com<=a>

<= href="http://link.mail.bloombergview.com/55086a4c3b35d051538c37cc2w6b2.=3e/VQ8zgUmOo5ZTej6IB72d7" style="text-decoration:none;color:#00b9e7;line=height:1.6em">Economics

Noah Smith: "It is productivi=y that separates today’s rich, modern consumer societies from subs=stence farmers living on the edge of starvation. ... If productivity slows= we can expect our living standards to stagnate, no matter what other step= we take. The problem is, productivity growth is slowing." Read more...

Refugees

The Editors: "There are no ea=y solutions to the individual stories of tragedy that led thousands to bra=e squalid conditions and extreme danger in Calais. But people, like goods =nd capital, seek safe harbor and opportunity regardless of international b=rders. It is the role of government not just to police borders but to mana=e public expectations."

Health-Care Reform

Megan McArdle: "In recent yea=s, health care cost growth has slowed down. This is great news for the fed=ral budget, and for those of us who, you know, get health care occasionall=. Unfortunately, researchers from the Centers for Medicare and Medicaid Se=vices project that the good news may be over." Read more...

Latin America

Mac Margolis: "For anyone who=thinks the vast corruption case engulfing Brazil will lead to just a wink =nd a nod, look again."

Banking

Barry Ritholtz: "I always fin= it amusing whenever someone expresses surprise that the financial bailout= for Greece haven't benefitted Greek citizens. 'Bailout Money Goes to Gree=e, Only to Flow Out Again' in the New York Times is just the latest exampl=. 'The cash exodus is a small piece of a bigger puzzle over why — =espite two major international bailouts — the Greek economy is in =orse shape and more deeply in debt.' Unfortunately, this is a feature of b=ilout, not a bug." Rea= more...

2016 Elections

Jonathan Bernstein: "The Bern=e Sanders campaign held thousands of house parties Wednesday night, claimi=g total attendance of 100,000 Berniementum enthusiasts. Yet it’s s=ill pretty clear Sanders has no real chance of defeating Hillary Clinton f=r the Democratic nomination. So are all those people wasting their time? D=luding themselves? No, they aren’t." Read more...

European Economy

Leonid Bershidsky: "Spain and=Ireland now have the euro zone's most dynamic economies: The International=Monetary Fund expects Spain to expand by 3.1 percent this year and Ireland= by 4 percent -- realistic expectations, in light of their progress in the=first six months. Given this performance, one has to wonder how long any e=onomists can continue to condemn austerity as deadly poison based on the e=ample of Greece." Read=more...

Investing

Mark Gilbert: "The turmoil in=Greece has been a godsend for traders, who struggle to make money when pri=es in financial markets are flatlining and have a much more lucrative exis=ence when they swing freely between highs and lows. That's been boosting p=ofits at the securities divisions of Europe's investment banks -- at the v=ry time when they've committed to scaling back trading to take fewer risks=and reinforce their capital bases." Read more...

Asia

Adam Minter: "For decades, th= dangerous and polluting ship-breaking yards that stretch for six miles al=ng the beaches of Alang, India, successfully resisted the efforts of activ=sts and foreign governments to shut them down. But in recent months, they =ay have finally met their match in a different adversary. Desperate steel =ills in China, whose domestic markets have diminished in a slowing economy= are dumping their surplus on India." =a href="http://link.mail.bloombergview.com/55086a4c3b35d051538c37cc2w6b2=e3e/VbuerkmOzYgMOrxzB680b" style="text-decoration:none;color:#00b9e7;lin=-height:1.6em">Read more...

News Roundup

Ritholtz (Read the news roundup)

Flat stock markets: It’s not all doom and gloom: Read more...

U.S. Banks Take Global Lead: Read more...

Why Greece's Lenders Need to Suffer: Read more...

Money Stuff

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