Financial Times Comment 6/7

Financial Times - Comment

When China becomes number one

One camp argues that China is the world’s emerging superpower. The other insists that China is an intrinsically unstable country, at risk of an economic and political crisis. In fact, both ideas are true. China will be a strange superpower, writes Gideon Rachman http://link.ft.com/r/ZE9K33/M9EKN6/D45D0H/NSDWET/5C670B/OS/h?a1=2011&a2=6&a3=7

The rights and wrongs of Britain’s deficit

The chancellor has been too intractable while his shadow has been too reluctant to spell out a convincing alternative, writes Philip Stephens http://link.ft.com/r/ZE9K33/M9EKN6/D45D0H/NSDWET/TPFHUY/OS/h?a1=2011&a2=6&a3=7

The global fallout of a eurozone collapse

Unfortunately, the euro is looking very much like a system that amplifies shocks rather than absorbs them, writes Kenneth Rogoff http://link.ft.com/r/ZE9K33/M9EKN6/D45D0H/NSDWET/ZBL0BA/OS/h?a1=2011&a2=6&a3=7

A cloud gathers over our digital freedoms

Cloud services will always be looking over our shoulder, analysing our habits, nudging us in one direction or another, writes Charles Leadbeater http://link.ft.com/r/ZE9K33/M9EKN6/D45D0H/NSDWET/V13GLU/OS/h?a1=2011&a2=6&a3=7

Time to stop propping up Egypt’s currency

Egypt is likely to come close to having no hard currency reserves by the end of the year, plausibly leading to a currency collapse, and yet more economic and political turmoil, writes Khairi Abaza http://link.ft.com/r/ZE9K33/M9EKN6/D45D0H/NSDWET/8AC5V3/OS/h?a1=2011&a2=6&a3=7

BaFin’s John Wayne needs to redirect his gunfire

Imperfect as the EBA might be, it is a good thing for Europe that it exists http://link.ft.com/r/ZE9K33/M9EKN6/D45D0H/NSDWET/XTU81S/OS/h?a1=2011&a2=6&a3=7

Cacophony on UK tax and powers

Britain will look less than united when David Cameron meets the leaders of Scotland, Wales and Northern Ireland for the first time since the elections, writes Brian Groom http://link.ft.com/r/ZE9K33/M9EKN6/D45D0H/NSDWET/NSENQM/OS/h?a1=2011&a2=6&a3=7

FT.com - Markets Insight

Accurate GDP forecasts prove vital to equities performance

Managing economic expectations is key to maintaining steady markets. It is the shocks that cause violent fluctuations, writes Jim O'Neill http://link.ft.com/r/ZE9K33/M9EKN6/D45D0H/NSDWET/HDW9KL/OS/h?a1=2011&a2=6&a3=7