Thursday, February 23, 2012
Everyone wants to jump onto the Occupy Wall Street wagon. Today’s New York Times: The Vatican called on Monday for an overhaul of the world’s financial systems, and again proposed establishment of a supranational authority to oversee the global economy, calling … Continue reading
As Occupy Wall Street spreads in its wondrous way (Tokyo, Seoul, Hong Kong, Pittsburgh, Nevada City, California), journalists are reaching the conclusion that the story to report on is the lack of a central storyline. As protesters gathered in Amsterdam, … Continue reading
Great article in the IHT today about how China is funding its global buying spree. Ordinary Chinese wage-earners put a large chunk of their income into savings. But their only option is state-run banks, which pay interest rates that are … Continue reading