By Mark Bahnisch on August 7, 2011
Political and military power lags behind economic power, but the bill falls due. This could be the way the hegemon ends, not with a bang but with a Tea Party.
Posted in China, Economics, Europe, Featured, Politics, USA, War | Tagged austerity, China, Chinese Communist Party, debt ceiling crisis, Economics, equity markets, Eurozone, GFC, political economy, standard and poor's, Tea Party, US dollar, Xinhua |
By Robert Merkel on September 17, 2008
This is a few months old, now, but ithe New York Times magazine has a pretty detailed account of some of the problems of the credit ratings agencies that helped lead to the global credit crunch. It’s easy, with the [...]
Posted in Economics | Tagged credit crunch, moody's, ratings agencies, standard and poor's |
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