What would you say the main drivers of the economy this year have been? When it comes to the US, experts point out to the euro turmoil
Neither Keynesianism, nor Corporatism: get back to Capitalism!
NEW YORK | There was a time when entrepreneurs innovated and capitalism was mainly creative. And that is finished, according to Edmund Phelphs. Inspiring behavior has been suffocated by several years of Keynesianism and new Corporatism.
The US fear Europe’s austericide
As anger and despair over austerity spread in Europe, more US analysts are expressing their solidarity towards protesters and skepticism towards policy makers. A turning point was IMF’s shift, saying that tax hikes and spending cuts causing far more economic damage than experts had assumed.
In Gold we trust
The biggest economy is playing with fire should Washington lawmakers fail to agree on a reasonable plan to redress its burgeoning deficit.
Wal-Mart faces biggest protests in its history
This 2012 Black Friday edition American giant retailer Wal Mart is facing the biggest protests in its 50-year-history.
New Yorkers suffer Sandy… and occupy it
One week after Sandy, estimated costs have climbed to as much as $50 billion. Some New Yorkers start movement Occupy Sandy to help those in distress.
The United States’ necessary leadership
By CaixaBank analysts, in Barcelona | The United States grows by 2.3% year-on-year, but the weakness in employment and fiscal adjustment force a third round of quantitative easing by the Federal Reserve.
US stocks: too high for their own good
Analysts at Barclays pointed at the already noticeable slow down in company investment to alert about future job creation data. The US could be in for a nasty surprise: something to do with the “fiscal cliff”.
U.S. elections debates: Biden levels playfield for Obama
Vice president Joe Biden’s performance was too aggressive, according to most analysts, but fared better among voters that a mild-mannered president Barack Obama. The second US election debate put pressure back on the Republicans’ team.
How the Eurozone Crisis Shapes China’s Global Economic Strategy
Erik Lowe, THE FAIR OBSERVER. |Despite the relentless bad news concerning the Eurozone crisis, China remains confident that its economy is well prepared enough to withstand the worst effects. The current Euro crisis is strongly correlated with China’s economic stability and growth, with Europe being an important business partner and one of the main exporting [...]
