Jeremy Grantham on Financial Bubbles - Excellent!

Jeremy Grantham states - "Bernake has happily picked up the mantle, and seems totally unconcerned about creating another bubble.  He has got interest rates so low, banks can't possibly not make a fortune, savers are being penalized, anyone who wants to buy cash faces a painful experience... so we are all tempted into speculating, which is apparently what he wants and we have just had one of the great speculative rallies in history second only to 1932-33."  Watch the complete interview here.

Technological Innovation in BRIC Economies

Good article focusing on an evaluation of knowledge driven innovation in the BRIC (Brazil, Russia, India and China) countries here. Interesting to note are comparisons with developed countries and with VISTA (Vietnam, Indonesia, South Africa, Turkey, and Argentina) countries.