A Victorian survivor
A tale of cats, Christie and copious chaps
WHEN the Foreign & Colonial Government Trust was launched in 1868, The Economist had its doubts. “The shape is very peculiar,” we worried, adding that “the exact idea upon which it starts has never been used before.” Some of the trust’s promises were “far too sanguine to ever be performed”. Nevertheless, we concluded that: “In our judgment, the idea is very good.”
This article appeared in the Finance & economics section of the print edition under the headline “Christie, Cats and copious chaps”
Finance & economics April 21st 2018
- After a good run of growth, China’s economy braces for bumps
- A Victorian survivor
- Tax cuts and higher interest rates help boost banks’ earnings
- Coco bonds have not lived up to their promise
- Indicators that signal financial-market trouble are flashing
- America’s Treasury refrains from naming any currency manipulators
- Hong Kong defends its dollar peg in both directions
- Economists still lack a proper understanding of business cycles
From the April 21st 2018 edition
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