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What happened to the global economy and what we can do about it

What happened to the global economy and what we can do about it

JohnPilger.com - the films and journalism of John Pilger Grasping Reality with Both Hands Evil HR Lady Wall Street Sees World Economy Decoupling From U.S. Wall Street economists are reviving a bet that the global economy will withstand the U.S. slowdown. Just three years since America began dragging the world into its deepest recession in seven decades, Goldman Sachs Group Inc., Credit Suisse Holdings USA Inc. and BofA Merrill Lynch Global Research are forecasting that this time will be different. Goldman Sachs predicts worldwide growth will slow 0.2 percentage point to 4.6 percent in 2011, even as expansion in the U.S. falls to 1.8 percent from 2.6 percent. Underpinning their analysis is the view that international reliance on U.S. trade has diminished and is too small to spread the lingering effects of America’s housing bust. Providing the U.S. pain doesn’t roil financial markets as it did in the credit crisis, Goldman Sachs expects a weakening dollar, higher bond yields outside the U.S. and stronger emerging-market equities. ‘Partially Decoupled’ China Manufacturing Accelerates Even so, emerging markets are showing more strength.

Nautilus Institute for Security and Sustainability Beat the Press Glenn Kessler, the Washington Post fact checker, gave President Obama two Pinocchios for saying that women earn on average just 77 cents for every dollar that men earn. Kessler makes some valid points as to why this number overstates the gap. First it is an annual number that doesn't take account of the fact that women are more likely to work part-time and part-year. These and other factors (some of which go in the other direction) would be important items to take into account in a full examination of gender inequality. Context is always great, but unfortunately President Obama's use of the Census pay gap number hardly stands out as an out of context statement by a politician. Unfortunately, making comparisons that don't convey the full context is a practice that extends beyond politics into the policy world. Wealth is also a dubious measure of the well-being of young people.

Become a Young Successful Entrepreneur and Live the Startup Life The Cost of Theoclassical Economics and Economists Hernando de Soto is an extremely interesting Peruvian economist who is simultaneously deeply conservative and highly innovative. He published a column in the Washington Post on October 7, 2011 entitled “The Cost of Financial Ignorance” that caused me to reexamine “The Washington Consensus” [TWC]. I agree with de Soto, but his title would have been more accurate if it read: “The Costs of Theoclassical Economics and Economists.” I agree with de Soto's criticisms of financial deregulation. John Williamson is a deficit hyper-hawk with the Peterson Institute for International Economics. However, Williamson, and now de Soto, are passing off the revisionist points of the TWC as if they were Williamson's original points when the actual TWC doctrines contradict the revisionism and caused catastrophic crises. Privatization Deregulation “Another way of promoting competition is by deregulation. 8.

State of Nature Rortybomb WATBlog.com - Web, Advertising and Technology Blog in India! Rigorous Intuition (v. 2.0) New Deal 2.0

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