Around these parts, no one can touch Bill Bonner when it comes to taking down New York Times columnist Tom Friedman. But Friedman’s latest is too much for me to resist.
The breakdown of international trade is key threat to the global economy in 2009, says Chris Mayer. Several countries have already taken action to protect domestic industries, including the US with its auto bailout. If this trend continues, Chris says the global downturn could become even deeper than imagined.
The trouble with getting older…Big Ben expresses himself…Globalization is no longer a force for good – but a force for evil…the Bear Stearns domino effect…End of the road for Hilary…a new hotline service – made just for central bankers…and more!
Just because an economist or a central banker says something, it doesn’t make it so.