An entire system of global trade is at risk

Little more than two years ago, global leaders were happily congratulating themselves on having avoided the mistakes of the 1930s, thereby averting a depression. But now it appears that the difficulties of 2008 were but a foretaste of what was to come. With the European banking system again on the verge of collapse, there is a sense that politicians and economists are out of options, that governments and central banks are powerless before events. Full Story »

Posted by Walter Cox
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Subjects: World, Business
Topics: Global Economy
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# Diggs: 15 (as of 2011-10-08)
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Posted by: Posted by Walter Cox - Oct 8, 2011 - 12:11 PM PDT
Content Type: Article
Edit Lock: This story can be edited
Edited by: Fabrice Florin - Oct 12, 2011 - 1:01 PM PDT

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Walter Cox
3.8
by Walter Cox - Oct. 8, 2011

A fine editorial that underscores the severity of the problems we are facing as a global economy.

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