The (Temporary) End of Globalization (tags)
Protectionist measures could lead to losses of prosperity and increase the pressure to introduce more measures. Before the 2008 crisis, world trade grew over 6% per year (now 2%). Why must US consumers pay more for imports from the EU? Why are European consumers punished?
Trade War and Zero Deficit Myth (tags)
State debts are often necessary and are not automatically bad economically. Investments are prerequisites of future prosperity. When private parties spend too little, the state must step into the breach.
Seven Reasons Why the Economy Can't Recover (tags)
As the recession grinds on, politicians in most industrial countries have an incentive to make exaggerated claims about the supposed coming economic recovery. Some say the recession is over. Obama is in the group that claims we're on "the road to recovery,” while other nations can only spot recovery "on the horizon.” Below are seven important social phenomena that point to a more realistic economic and political outlook. 1) Central Banks are Dumbfounded. The usual tricks that U.S. and European central banks use to avoid recessions are long-exhausted. Interest rates cannot get any lower. And because cheap money wasn't working, the printing press was turned up a notch, into what the U.S. federal reserve calls quantitative easing -- injecting hundreds of billions of dollars into the world economy, escalating an emerging trade war.
Fighting the Organized Rape of Our Daughters and Sisters: The Flesh Trade War (tags)
Visit http://utah.indymedia.org/display.php3?article_id=680 for an investigative report from Nepal concerning the buying and selling of young girls into the bonds of sexual slavery, and one organization which is fighting the flesh trade war against all odds.