That is one of the recommendations from a European Think Tank “LEAPE20/20” in an open letter published last week. (hattip: The Oil Drum). Your next summit takes place in a few days in London; but are you aware that you have less than a semester to prevent the world from plunging into a crisis that …
Continue reading “G20 Leaders must create new Reserve Currency… or face decade of hardship.”
I had a great little discussion with a colleague yesterday about the economic troubles in the United States and around the world right now. He mentioned that if you go to the Wiki for The Great Depression, many of reasons cited there correlate strongly with what is going on right now…. but more than that, …
Continue reading “Economic turmoil a manifestation of hard-wired, human Darwinism?”
And are they finally losing their grip? CNN, CNBC, Bloomberg, FoxNews… one wonders… if this was 1929 would the psychology of the crash have happened? Go read this link from Financial Sense.com: http://www.financialsense.com/fsu/editorials/willie/2008/0702.html Now the Intl Monetary Fund has decided to conduct an investigation into the financial management of the US banking system! This is …
Continue reading “Are the US Financial Networks propping up the US Economy”
