““Credit collapse, though awful, is not as awful as hyperinflation in phrases of destruction wrought upon societies.”” — Paul Singer, hedge-fund manager and founder of Elliott Management That’s hedge-fund billionaire Paul Singer of Elliott Administration, on why he thinks a deep recession and credit history collapse will be necessary to […]

Opinion editor’s note: Editorials represent the views of the Star Tribune Editorial Board, which operates independently from the newsroom. ••• In significant shows of self esteem in our central towns, two organizations recently declared projects that will include work, eco-friendly room and an picture raise for Minneapolis and St. Paul. […]