Then, beginning in the summer of 2007, Planet Finance began to self-destruct in what the International Monetary Fund soon acknowledged to be “the largest financial shock since the Great Depression.” Did the crisis of 2007–8 happen because American companies had gotten worse at designing new products? Had the pace of technological innovation or productivity growth [...]
1913 Intel
International Conflict, Western World Threats and Geopolitical Intelligence
The Death of Planet Finance
Posted by Matt in November 13th, 2008 | no comment
Published in Financial, American Century, Credit Markets, Decline And Fall, Decline And Fall Of The Roman Empire, Economic Uncertainty, Edward Gibbon, Empire Rome, Fall Of The Roman Empire, Financial Crisis, Financial Shock, Great Depression, Housing Loan, International Monetary Fund, Niall-Ferguson, Obscure Species, Planet Finance, Productivity Growth, Proximate Cause, Self Destruct, Subprime Mortgages, Technological Innovation
Rise of Nationalism Frays Global Ties
Posted by Matt in April 28th, 2008 | no comment
Published in China, Russia, Author Daniel, Best Seller, Collapse Of Globalism, Columnist Thomas, Commanding Heights, Daniel Yergin, Decline And Fall, Deregulation, Export Performance, Global Economy, Global Ties, Globalization, Governments, Gross Output, International Economy, Manifesto, Margaret Thatcher, Merchandise Trade, National Boundaries, Nationalism, New Nationalism, New York Times, New York Times Columnist, Pulitzer Prize Winning Author, Rise Of Nationalism, Time Capital, world-war-II, Wsj, York Times Columnist, York Times Columnist Thomas Friedman
In a globalization manifesto, New York Times columnist Thomas Friedman declared that the Internet and other planet-spanning technologies were erasing national boundaries. The world, he said in a 2005 best seller, was flat.
No longer. The global economy appears to be entering an epoch in which governments are reasserting their role in the lives of individuals [...]
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