the london g20 summit obviously got me thinking, first in terms of a new world order, see my previous post, and now in terms of what it would mean to world currencies.
we have now lived for roughly sixty years with the $ as our world currency, the us being the only global power. a [...]
Filed under: business, economy, politics & international | Tagged: currencies, economics, euro, g20, imf, reserve currencies reserve currency, sdr, us dollar, yuan | 2 Comments »
the g20 summit in london is immensely instructive in several ways. from a governance point of view i am quite sure that we can say goodbye to the old imf and world bank dominated by the usa and europe. other countries have been invited to the table and will have a say: [...]
Filed under: economy, politics & international | Tagged: g20, international finance, new world order, summit | 1 Comment »
i have been more nervous, concerned, leery, even peeved, ok, plain steaming with every new financial bailout plan. a couple of paulson plans, now a couple of geithner plans, and i still get the uneasy feeling that the banking/financial sector is becoming ever more important and powerful in this modern world of ours, without [...]
Filed under: economy, politics & international | Tagged: bailout, banks, finance, geithner, paulson | 1 Comment »
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