Awareness | Debate | Action

December 2010 Blog Posts (2)

Allentown

PIMCO Investment Outlook - December, 2010

The global economy is suffering from a lack of aggregate demand. With insufficient demand, nations compete furiously for their share of the diminishing growth pie.
In the U.S. and Euroland, many policies only temporarily bolster consumption while failing to address the fundamental problem of developed economies: Job growth is moving…

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Added by Cromag on December 7, 2010 at 12:28pm — No Comments

European ‘elites’ should move quickly before a radicalized labor figures out what’s happening

Eye opening read for all activists ( that requires little commentary) from economist Michael Pettis:

If Europe is going to “resolve” the current crisis in an orderly way, it is going to have to move very quickly – not just for the obvious financial reasons, but for…

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Added by Jehu Eaves on December 2, 2010 at 5:00am — No Comments