Singapore’s founding statesman, Lee Kuan Yew, has long been critical of the profligacy of Western governments, even before the recent debt crises in the U.S. and the Eurozone brought the world’s financial system to its knees.
But now he’s singing a slightly different tune and advising some investors – notably China – to load up on European debt. Full story
Related:
Lee Kuan Yew: China Should Eye Euro Assets- WSJ Blog
