One source of angst is the sorry state of American capitalism (see article). The “Washington consensus” told the world that open markets and deregulation would solve its problems. Yet American house prices are falling faster than during the Depression, petrol is more expensive than in the 1970s, banks are collapsing, the euro is kicking sand [...]
1913 Intel
International Conflict, Western World Threats and Geopolitical Intelligence
Unhappy America
Posted by Matt in July 24th, 2008 | no comment
Published in Economy, U.S., 1970s, America One, American Capitalism, Banks, Belgians, Budweiser Beer, Consumer Confidence, Depression, Deregulation, Economy, House Prices, inflation, Open Markets, Oxymoron, Petrol, Recession, Sorry State, Washington Consensus
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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