What is happening today is analogous to developments a few decades ago, early in the era of personal computers.
Following a paradoxal year of declining gold prices and vanishing physical inventories and supplies, James G. Rickards, Senior Managing Director of Tangent Capital and author was kind enough to share comment.
If the debt vultures have their way, there will never be a fresh start for indebted countries - and no one will agree to restructuring.
With the moribund Doha Round of multilateral free-trade talks awaiting its last rites, a new wave of regional trade negotiations has de facto taken up the mantle of establishing a global trade regime.
Mauro Guillen,VP of WEF Global Agenda Council on Emerging Multinationals and the professor from Wharton School, joined CCTV and gave his insight on the undergoing changes starting from Europe.
By coming up with a way to lend poor people as little as $30 to start businesses, he reduced poverty so much that he won the Nobel Peace Prize in 2006.
Economic globalization, together with a rebalancing of power between the world’s north and south, has made developing countries, and many companies within them, key global economic actors.
In his book The Moral Consequences of Economic Growth, the Harvard economist Benjamin Friedman argues that periods of economic growth have been essential to American political progress.
In the shadow of the euro crisis and America’s fiscal cliff, it is easy to ignore the global economy’s long-term problems. But, while we focus on immediate concerns, they continue to fester, and we overlook them at our peril.
The start of any year invariably prompts stocktaking, and 2012 certainly offers much to consider: the dramatic events in the Middle East, leadership change in China, and the brinkmanship of America’s budget debate.
James Rickards (Currency Wars: The Making of the Next Global Crisis): No Way Fed Will Stop Easing
Professor of International Business Administration at Wharton School, Guillén is is the Director of the Joseph H. Lauder Institute at the University of Pennsylvania.
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