„Buy French!” … and a look at the causes of stagnation

„Buy French!” … and a look at the causes of stagnation

Written by: in: Economy

Nicolas Sarkozy, coming into the home straight of the presidential campaign, is urging the French to spend their money on locally manufactured goods. His rival, Francois Hollande, also spoke in similar vein recently, albeit in a less nationalistic tone. But in essence they are both saying the same thing – that Europe must protect its markets both by encouraging […]

The global financial crisis – III: What remedy?

The global financial crisis – III: What remedy?

Written by: in: Economy

The dog’s breakfast of an Obama stimulus package will cause another Great Inflation to follow the Big Recession, says Deepak Lal There seems to be no end to the US financial crisis. Its deflationary effects are now spreading to the global real economy. With the new US administration’s ratcheting up the invective on Chinese currency […]

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