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Greg Ip’s Capital Account: Britain’s flirtation with leaving the European Union is as puzzling as Greece’s desire to stay. After all, Britain’s economy has done quite well inside the bloc while Greece’s has been decimated. What explains both sentiments is that the European project has always been about more than economics.
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Greg Ip’s Capital Account: China’s waning appetite for commodities and the oil-price war are rippling through markets and supply chains in ways that are having a disproportionate impact on U.S. manufacturing and financial markets. It doesn’t spell recession, at least not yet, but it shows the peril of faulty assumptions.