Subject: Share the View 2: Inquiry Could Upend Brazil's Government
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Thu, 13 Aug 2015 12:59:06 -0400 (EDT)

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Share The View

The Latest Opinions From Bloomberg View

Aug 13, 2015

bloombergview.com

<= href="http://link.mail.bloombergview.com/click/4941221.14811/aHR0cDovL3=3dy5ibG9vbWJlcmd2aWV3LmNvbS90b3BpY3MvZ3JlZWNl/55086a4c3b35d051538c37ccBc35=9851" style="text-decoration:none;color:#00b9e7;line-height:1.6em">Greec=

Leonid Bershidsky: "The Greek=crisis is so thoroughly mythologized that the third bailout, which the Gre=k parliament is set to approve Thursday, has already given rise to its own=myth that it uselessly piles more debt onto the shoulders of an already ov=r-indebted nation. In reality, the latest package will reduce Greece's med=um- and long-term debt burden." Read more...

2016 Elections

Jonathan Bernstein: "Donald T=ump's surge, to this point at least, is only a reminder that short-term pu=lic opinion isn't very predictable. ... The long, sequential process in pr=sidential nominations -- with week after week of scrutiny and time for par=y actors to react -- prevents fluky winners from coming close to being nom=nated." Read more...

China

Noah Smith: "We should think =f China's devaluation as a response to its deteriorating economic situatio=. That still leaves the question of whether the response is an accession t= market pressures, or just an attempt to stimulate exports." Read more...

Declassified

Eli Lake: "U.S. Secretary of =tate John Kerry sent private letters to the British, French and German for=ign ministers promising that the Treasury Department would work with Europ=an companies to make them aware of new Iran regulations after a deal. ... =he letters raise the troubling prospect, for the Iran deal's critics, that=the U.S. government will now be obliged to help assure nervous markets and=companies that investment in Iran is a safe bet." Read more...

Education

Megan McArdle: "When I was in=college, people who wanted to censor others were forthrightly moralistic, =rying to silence 'bad' speech. Today's students don't couch their demands =n the language of morality, but in the jargon of safety." Read more...

U.S. Economy

Cass R. Sunstein: "What would=you think if a presidential candidate -- Republican or Democrat -- propose= a new federal program claiming to reduce poverty, boost employment, impro=e the health of infants and mothers, and increase the likelihood that peop=e would graduate from college? You’d probably think the candidate =as blowing a lot of smoke. Yet the earned income tax credit is doing every=one of these things." Read more...

Law

Clive Crook: "The new consens=s that something is wrong with American criminal justice is welcome. The a=azing number of people in prison -- a measure on which, adjusting for popu=ation, no other nation comes close -- is indeed a sign that the U.S. syste= is broken. It's good that the will to fix it seems to be growing. Yet dwe=ling too much on that one statistic is unwise." Read more.=.

Tech

Mark Buchanan: "About 542 mil=ion years ago, something weird and profound happened on Earth. Quite abrup=ly, life went inventively crazy, proliferating from simple, rudimentary si=gle-cell organisms into myriad multicellular forms. ... Human technology m=y be on the verge of a similar explosion." Read more...<=span>

Latin America

Mac Margolis: "Supporters of =mbattled President Dilma Rousseff charge that ousting the popularly electe= leader would be coup d'etat." But Brazil is not a fragile democracy. And =n any case, the odds are in Rousseff's favor. Read more...

News Roundup

Barry Ritholtz(Read the=news roundup)

September is looking more certa=n as liftoff date for rates: Read more...

Surge in commercial real estate=prices stirs bubble worries: Read more...<=span>

Unexpected sources of protectio= against inflation: Read more...

Money Stuff

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