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Currency Wars: Bernanke Defends Fed Policy, Calls for Emerging Market Currency Appreciation Fed chairman Ben Bernanke is at odds with Brazil, China, and even the IMF over his policies.
Eli Rabett Eli Rabett Eli Rabett is a not quite failed professorial techno-bunny, a chair election from retirement, at a wanna be research university that has a lot to be proud of but has swallowed the Kool-Aid. The students are naive but great and the administrators vary day-to-day between homicidal and delusional.
Read this article: US Runs 4th Straight $1 Trillion-Plus Budget Gap; More Stimulus? You Already Got It; Welcome to Slow…
Read this article: IMF Admits It Prescribed Wrong Medicine; Is IMF Short for I Must Fail?
Birth Rates of US, UK, Australia, China, Canada, Korea, Germany "China Will Grow Old Before Growing Rich" My friend "BC" emailed the above links along with a few thoughts. "BC" writes. Developmentally, China is where the US was in the late 1920s and early 1930s, and where Japan was in the late ’60s and early ’70s, but China does not have the luxury of growing supplies of $10-$15 oil as did Japan.