Economists know the fatal flaw in our system--but they can't agree how to fix it. ... In the past, countries in recession could count on countries with growing economies to provide outlets for their exports and investments. The hope this time is that economic growth in Asia and particularly China can backstop a U.S. and European recession. [But there's a hitch...] |
Read the rest of the story HERE:
At www.tnr.com
Richmond Shreve is a retired business executive whose careers began in electronics (USN) and broadcasting in the 1960s. Over the years he has maintained a hobby interest in amateur radio, and the audio-visual arts while working in sales and (more...)