http://www.gregpalast.com/time-to-change-bernankes-medication-secret-white-house-letter-to-g-20/#more-2818
Greg Palast has copies of memos sent between Europe and the U.S. covering policy responses to the recession.
Palast's article and the memos are worth reading because they illustrate very different takes on the significance of the recession. For Europe, the recession is ongoing. For the US, it's over.
I find the US response disturbing but wonder whether China is playing a role in the US decision to cut back on its monetary stimulus. One thing is clear, the US response prioritizes Wall Street over Main Street.
Subscribe to:
Post Comments (Atom)
-
In 2007, Rick Weiss reported for the Washington Post potential hazards of genetic medicine and the failed regulatory apparatuses designed t...
-
March 11 is the anniversary for the Fukushima Daiichi disaster of 3 nuclear meltdowns, at least one melt through, and a fire in at least ...
-
The weekend edition of the Wall Street Journal reports that PG&E suffered a massive loss of control of the utility's databases, le...
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.