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22.10.2010, 01:17 6 comments

Chinese economic model replacing Washington consensus

China’s rate of development on a global scale is moving faster and more consistently the other nations. Should the world take note of the Chinese economic system?

26.08.2010, 03:24 9 comments

US economy enters double dip recession

Millions of Americans remain unemployed, US bankruptcies have reached a five year high, China slashed US bond holdings by the largest amount to date and US home sales have plummeted to the lowest level on record.

05.08.2009, 23:09 5 comments

“Dollar’s future unstable”

The dollar’s role as the world's main currency is over and its future is unstable, says author and journalist Webster Tarpley.

21.05.2010, 16:13 5 comments

What is really delaying global economic growth?

An overemphasis on US-China relations is not the only misleading focus detracting from the root of the problem surrounding the worldwide economy and impairing the track for sustained global recovery.

16.10.2010, 01:30 16 comments

Socialism vs Capitalism in America

The tide of fear against Socialism is on the rise in America. At a time when the economy is so rough, why this debate over capitalism vs. socialism?

AFP Photo / Louisa Gouliamaki 16.04.2010, 23:19 2 comments

Greek crisis to crash Eurozone utopia?

The eurozone’s secret is that its pockets are a little dusty. It could print or borrow the cash to bail out Greece and but it knows that would not be the end of it.

L to R: Presidents Luiz Inacio Lula da Silva of Brazil, Dmitry Medvedev of Russia, Hu Jintao of China, and Indian Prime Minister Manmohan Singh (AFP Photo / RIA Novosti / Kremlin pool / Vladimir Rodionov) 21.06.2009, 08:37 5 comments

Shaping the future, BRIC by BRIC

The time has come for Brazil, Russia, India and China to play a central role in a new global economy. That was the message of the debut summit of the so-called BRIC group, hosted in Yekaterinburg this week.

23.10.2010, 00:52 7 comments

US on collision course with economic ruin

Finance ministers from the G-20 nations will meet in South Korea to address the global financial crisis. US Treasury Secretary Timothy Geithner is expected to push his plan aimed at rebalancing the world economy.

23.10.2010, 02:59 5 comments

Statistics highlight an American empire in decline

The US has long regarded itself as an exceptional nation, a beacon of democracy and progress throughout the world. Yet the statistics don’t exactly match the rhetoric.

29.07.2010, 03:51 6 comments

US government needs to spend wisely

While the American people are struggling economically, the Obama administration is missing or spending insufficiently billions of tax dollars.

Nations should spend more to make more

Published: 28 May, 2010, 02:59
Edited: 28 May, 2010, 22:48


According to the US Treasury Secretary Timothy Geithner, Europe and the rest of the world should be looking to China for advice and leadership on the global economy.

 
2 COMMENTS
krka May 28, 2010, 12:56 quote
0

I bet if Mike Norman, chief economist at John Thomas Financial is not on the payroll of the Federal Reserve as well. What this guy said it could not persuade even 10 year old kid. One advice from me John, your speech is only good for Fox News only for American viewers. The rest of the World is not buying it. In efect what you told me Johnis, go and spend $3000 a months even though my family income is $2000 because it is good for the country's economy and prosperity?!?!?!?!?!?!?! It is only good for the illigal Federal Reserve pal, because I and my family will be slaves to the banks if I take your advice.

Bru Raczin November 11, 2010, 07:23 quote
0

If you want to see the economy Really take off,  then legalize prostitution, drugs and gambling!!  (just don't forget to Tax them!)

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