The coming first world debt crisis
The reckless financial policies of leading western powers in the last two decades make it likely that the next seismic debt crisis will be in America, not Argentina. It can be avoided, says Ann Pettifor of the Real World Economic Outlook, only by serious efforts to bring regulation and balance to the international economy.

  thanks to wood s lot

Asia, its reserves and the coming dollar crisis
Author of the new book, The Dollar Crisis, Richard Duncan explains why the dollar is the source of global deflation.

FinanceAsia: Posterity may remember it as a seminal book in the field of 21st century economics. Indeed, rarely has a book offered such a grim yet well argued view of the current economic situation facing the world and Asia. The author - a former Salomon banker, and World Bank staffer - is Richard Duncan and the book is called the Dollar Crisis. In this essay, the American explains why the US dollar is at the root of global deflation, and recent bubbles, and what it will mean for Asia.
[more]

  thanks to Robot Wisdom