In this respect the US of A is still the one and only superpower: all the world is watching todays elections closely.
Barack Obama is likely to be the winner. And if this happens to be tomorrow’s result, not only the majority of the Americans but the majority of the world will be happy.
Some time ago [...]
Whatever you may think, I don’t hate economists. Read this like “I did not have sex with that woman”.
No, actually even some of my best friends are economists. Though I candidly confess that sometimes I have a hard time to keep on loving them. But hey, tensions do inevitably occur in every sound relationship. And [...]
The Vice President of the Republik Indonesia in a speech diagnosed the current financial crisis:
“One of the causes of the current crisis is the capitalist system,” he said. “Therefore we should develop a sharia economic system.”
Ah, he may be right about capitalism. So, is Indonesia going to abolish it? Does this speech mean the [...]
The text added to this picture reads:“Federal Hall, 26 Wall Street, New York: It was on this site that the US Congress first met and where George Washington took the oath of office as the first president. Today, the “free enterprise” business titans of the Street are reeling from the mess of their own making”. [...]
They are unrepenting. Always trying to find new accomplices. Never stopping to impose their economic morals.
Last Friday The Jakarta Post reported the OECD had said: “RI needs more liberalization”. That looks like a warning. But according to the Amsterdam based NRC this club of thirty rich, developed countries had offered a “Special [...]