Economists are pointing to Japan, which has been trapped in low growth and deflation, as a dark vision of the future for the West.
Valore dimezzato in sei mesi, Borse in caduta libera. Un crollo legato soprattutto al rallentamento asiatico
By Dan Kervick I appeared today on The Attitude, broadcast by WNHN 94.7 in Concord, New Hampshire, to talk with host Arnie Arnesen about the Bitcoin phenomenon. The podcast of the second hour of the show can be accessed at the link below.
You can always count on Americans to do the right thing, after they've tried everything else. -Winston Churchill When an article appears in Foreign Affairs, the mouthpiece of the policy-setting Council on Foreign Relations, recommending that the Federal Reserve do a money drop directly on
America's global dominance is fading-and a rising superpower in the East is poised to take its place. Renowned for their formidable work ethic, savings habit, discipline and math skills, its workers are already putting Westerners out of jobs. It's the world's second-biggest economy, and the question isn't whether it will oust the US from its perch, but when.
The Crash of 2008 has infused our societies with enormous scepticism on the role of the authorities, both government and Central Banks. It is quite natural that many dream of a currency that politi