In the 12 months to June, over RMB 600 billion poured into China from short-term lending by nonresidents to Chinese corporations. These developments are worrying for four broad reasons.
Once again the G-20 must act to prevent a devastating slide into a deep contraction, if not depression, and avoid a damaging retreat into protectionism and competitive devaluation.
The beauty of Europe is its rich diversity of language and cultures, so why are all these politicians and overpaid, unelected bureaucrats trying to force some ghastly vision 'of such' on us all?
Eighty years ago, the Tin Pan Alley classic "Buddy, Have You Got a Dime?" was the crisis music of its time. Today the dollars have gone to the investment bankers who got off scot free, and there are no dimes for the 99 percent.
Imagine what the world be like -- what would have happened in the global economic crisis, if everyone practiced one simple global golden rule -- digni...
The hollowing out of the middle class, including the well-educated middle class, never mind the so-called working class, is profoundly reshaping our country in many ways. It is also eating at the culture of our country, which used to be known for compassion and shared sacrifice.
With the constellation of the occupy protests and the broad international movement for the FTT, the moment for achieving the tax, and the critical revenue it can provide to help revive struggling economies, has never been greater.
In protecting Wall Street after the 2008 crash, the executive branch violated its core constitutional duty. It is now clear that there are virtually no limits on the magnitude of the crimes that the nation's most powerful private actors can commit with impunity.
If developing countries can't keep up their healthy growth of 2010 and create jobs, the global economy will lose the robust engine of growth it had counted on for the recovery.
This year more than 750 Global Agenda Council Members from all walks of life and from more than 80 countries have gathered in Abu Dhabi for a global brainstorming to develop the new models for global decision-making.
The economic story that the Republican Party is peddling to American voters is profoundly unpatriotic and dead wrong.
There needs to be a clear message coming from the public regarding exactly which changes are being sought. Perhaps there are too many views for everyo...
As the 2008-9 financial crisis spread from its epicenter in the United States to the rest of the world, policy makers found themselves in uncharted wa...
As markets warn of the risk of double-dip recession or even depression, politicians in Washington and Berlin -- who claim to believe in "free markets" -- fiddle while Rome may be about to burn.
A climate of bad and worse news followed by much talk and little action is leading people to a state of panic and fear.
What could help save the world economy would be if the world's politicians eliminated quick-fixes and looked at the underlying reasons for why our current growth model isn't working.