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Opinion: Houston, we have a

By Hugh Pavletich The Christchurch New Zealan

Opinion: How rampant bureaucracies help

By Hugh Pavletich The recent New Geography ar

Opinion: Housing bubbles: Learning from

By Hugh Pavletich Updated to include hyperlinks. Mid last year, the satirical website, The Onion, pleaded for "just one more bubble" in "Recession-Plagued Nation Demands New Bubble To Invest In''. A vain hope"¦"¦"¦"¦ Recently Mr Koyo Oseki, executive vice president and head of Asian credit research of Pimco, wrote a most informative article Outlook for Global Finance where he discusses the Japanese Bubble of 1989 and the lessons that can be learnt from that experience. Mr Oseki is very clear in explaining the behavior of housing bubbles and the limited ability of governments to arrest the inevitable process of bubbles deflating. He states "“