latin american debt crisis

A Chinese general judges America’s leadership of the world economy

By / 14 October 2015

Summary: This series of posts provides excerpts from a recent speech by Qiao Liang, a Major General in the People’s Liberation Army. They give a glimpse into the thinking of China’s elites, unlike the US-centric perspective provided by our news media. Here the General looks at America’s leadership of the world economy, and its effects …

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This might be the turning point in the global financial crisis, when bold action puts us on the road to recovery

By / 7 Comments / 20 July 2015

This could be the turning point in the global financial crisis (GFC) that began in Fall 2008.  Much like the August, when Mexico’s financial crisis (the climax of the long Latin American debt crisis) forced the Federal Reserve to loosen monetary policy, igniting the long disinflationary growth period that ran (with two light interruptions) until …

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