AP

Too Big to Fail

Precipitated by the bursting US housing bubble and culminating in the bankruptcy of Wall Street firm Lehman Brothers in Sept. 2008, the financial crisis prompted governments to bail out banks and take over insolvent companies. The "Great Recession" and its aftershocks still echo throughout the global economy.

Monetary Fallacy? Deep Divisions Emerge over ECB Quantitative Easing Plans

Monetary Fallacy? Deep Divisions Emerge over ECB Quantitative Easing Plans

SPIEGEL ONLINE - November 03, 2014

To prevent dangerous deflation, the ECB is discussing a massive program to purchase government bonds. Monetary watchdogs are divided over the measure, with some alleging that central bankers are being held hostage by politicians. By Anne Seith more... Comment ]

The Zombie System: How Capitalism Has Gone Off the Rails

The Zombie System: How Capitalism Has Gone Off the Rails

SPIEGEL ONLINE - October 23, 2014

Six years after the Lehman disaster, the industrialized world is suffering from Japan Syndrome. Growth is minimal, another crash may be brewing and the gulf between rich and poor continues to widen. Can the global economy reinvent itself? By Michael Sauga more... Comment ]

More Money Please: A New Plan to Boost Europe's Straggling Investments

More Money Please: A New Plan to Boost Europe's Straggling Investments

SPIEGEL ONLINE - July 01, 2014

The euro crisis may have eased recently, but companies and countries in the common currency zone still aren't investing enough to fuel growth. The best solution, a Berlin economics institute argues, is to establish an EU-wide investment fund. By Christian Reiermann more... Comment ]

Out of Ammo? The Eroding Power of Central Banks

Out of Ammo? The Eroding Power of Central Banks

SPIEGEL ONLINE - April 16, 2014

Since the financial crisis, central banks have slashed interest rates, purchased vast quantities of sovereign bonds and bailed out banks. Now, though, their influence appears to be on the wane with measures producing paltry results. Do they still have control? By Michael Sauga and Anne Seith more... Comment ]

Troubled Times: Developing Economies Hit a BRICS Wall

Troubled Times: Developing Economies Hit a BRICS Wall

SPIEGEL ONLINE - February 07, 2014

Until recently, investors viewed China, Brazil and India as a sure thing. Lately, though, their economies have shown signs of weakness and money has begun flowing back to the West. Worries are mounting the BRICS dream is fading. By Erich Follath and Martin Hesse more... Comment ]

Out of the Abyss: Looking for Lessons in Iceland's Recovery

Out of the Abyss: Looking for Lessons in Iceland's Recovery

SPIEGEL ONLINE - January 10, 2014

In 2008, Iceland experienced one of the most dramatic crashes any country had ever seen. Since then, its recovery has been just as impressive. Are there lessons to be learned? SPIEGEL went to the island nation to find out. By Guido Mingels more... Comment ]

Feeding the Bubble: Is the Next Crash Brewing?

Feeding the Bubble: Is the Next Crash Brewing?

SPIEGEL ONLINE - December 03, 2013

Central banks around the world are pumping trillions into the economy. The goal is to stimulate growth, but their actions are also driving up prices in the real estate and equities markets. The question is no longer whether there will be a crash, but when. By Martin Hesse and Anne Seith more... Comment ]

The Great Sell-Off: Milan Mired in Crisis of Money and Spirit

The Great Sell-Off: Milan Mired in Crisis of Money and Spirit

SPIEGEL ONLINE - November 26, 2013

The days when Milan could call itself a bastion of growth and progress in Italy seem to be gone. As the crisis swells the ranks of the poor, members of the city's business elite are jockeying for foreign investors while squabbling with courts over various legal entanglements. By Walter Mayr more... Comment ]

'Fat Cat' Backlash: Swiss Executive Pay Debate Gets Ugly

'Fat Cat' Backlash: Swiss Executive Pay Debate Gets Ugly

SPIEGEL ONLINE - November 22, 2013

Switzerland votes this weekend on whether to limit executives' pay at twelve times that of their lowest-paid worker. In the run up to the referendum, the issue has become a national talking point, with both sides stoking public resentments and fears. By Christian Teevs more... Comment ]

Top Economists Debate: The ECB's Controversial Euro Crisis Strategy

Top Economists Debate: The ECB's Controversial Euro Crisis Strategy

SPIEGEL ONLINE - November 20, 2013

In a joint interview, economists Marcel Fratzscher and Hans-Werner Sinn evaluate the ECB's policy of lowering interest rates and the euro-zone rescue strategy, and arrive at completely different conclusions. Fratzscher sees the ECB's strategy as the solution. Sinn sees it as part of the problem. By Alexander Neubacher and Michael Sauga more... Comment ]