Latest Issue

Investment: For my money…

We asked finance and economics experts which investments they would buy—or avoid. Here are their answers

By Prospect   May 2011

Oil prices have climbed above $120 a barrel, partly in response to the loss of exports from Libya as rebels confront government forces

Dylan Grice, Global Strategist, Société Générale

Western government bonds are more dangerous than they look

To understand the risks we face, it’s important to understand that developed world governments are insolvent. Jagadeesh Gokhale, at the Cato institute, estimates that unfunded health and social security obligations in the EU are equivalent to well over 400 per cent of GDP. Larry Kotlikoff of Boston University, using data from the Congressional Budget Office, estimates the US shortfall at…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

We want to hear what you think about this article. Submit a letter to

More From Prospect