That's an interesting post. Now whether economic concentration is due to currency union is not that clear. One can see economic concentration in...
I thought you had no trust in economic news? :D
The world has worked for 170 years with fixed exchanges rates, why should the chinese follow US order to move to flexible exchange rates?
Gloups, gloups ... 14 years ago, people were expecting a rise in US interest rates!! :D Will Japan's Slump Stifle a U.S. Recovery? Posted...
Yep! I would think that 10% of the gold mania which happened over the last few years is the result of lobbying, providing fake arguments for the...
bright analysis :)
Mars is well reputed for its oxygen atmosphere ... :)
Agree. Also agree with china and india vast pool of labor. And so? Instead of making shoes, people will have spare time to make research, or...
yes. During 60's 70's, china was not open to foreign trade so its labor costs did not count. Like most of africa today is still not open to...
two step forward, one backward, the game is still on ... (!)
On the military front, Beijing's test of the JL-2 missile, first reported in the Washington Times, marked, according to an anonymous U.S. Defense...
you also have to nuke russia, arabs countries, venezuela, france ... hihi be carefull, radioactivity does not stop at borders!!!
$5 to go lol!
If you are looking to get the same purchasing power as in 60's, oil prices are still very low. If we end up 50 years later with similar purchasing...
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