Old Mistakes Die Hard
I'm tempted to say that the US is plainly unable to cope with the economic crisis in a serious way. So long as economic thinking is mired in a world that disappeared with the collapse of the Bretton Woods system, we're stuck.
I'm tempted to say that the US is plainly unable to cope with the economic crisis in a serious way. So long as economic thinking is mired in a world that disappeared with the collapse of the Bretton Woods system, we're stuck.
Forbes | Nouriel Roubini | Posted 05.25.2011
Although we are not (yet) witnessing a U.S. dollar crisis, the Bretton Woods II system is still at the center of the debates on the origins of this cr...
Chris Weigant | Posted 05.25.2011
I have to begin here today by stomping all over a cutesy term the media has come up with for the upcoming economic "summit" George W. Bush is holding ...
Vince Farrell | Posted 05.25.2011
A crisis in the U.S. is a worldwide crisis. Only the dollar has a large enough global presence and a measure of trust to be used as the "reserve" currency for the world.
James K. Galbraith | Posted 05.25.2011