Tag Archive for 'collapse'

Shared Links for Mar 4th

What is the Fed doing?

Trying to keep track of all the shenanigans innovation going on at the Federal Reserve is difficult.  Econbrowser and Interfluidity among others have been trying to help…  but every time I read about how our money system works, I find my head spinning in incredulity.  And that’s just when I’m reading about how it’s “supposed” to work.  It’s been getting more confusing lately.

Continue reading ‘What is the Fed doing?’

Rearranging vs. Reinventing the Global Economy

The US road to recovery runs through Beijing says Asia Times Online, and Thomas Barnett emphatically agrees.  Everyone is talking about how to reorganize the global economy, but mostly the discussion is about how to most efficiently export our recently collapsed model of growth to the developing world.  Better this time around for sure, we say, but not fundamentally different in any way.  The Chinese need (and want, it turns out) more domestic consumption and consumer debt.

Continue reading ‘Rearranging vs. Reinventing the Global Economy’