Sense on Cents

Let’s “span the globe” and get an international perspective on financial developments that impact all of us whether we know it or not.

Moving across the ‘pond,’ we can get a taste as to how the finest ‘Scotch’ turned bitter, in reviewing:

Decline of West Where Mathewson Rues What RBS (Royal Bank of Scotland) Wrought
by Simon Clark, Rodney Jefferson, and John Helyar
Bloomberg

Taking a truly global perspective and realizing the magnitude of the worldwide recession, we are reminded of how blessed we are:

World Hunger Reaches 1 Billion People, U.N. Says
Assocated Press
Wall Street Journal; June 19, 2009

Lest we forget the historic nature of President Obama’s speech in Cairo, how do Europeans view the impact of that speech? Let’s review:

Obama’s New World Order
by Nick Whitney
Project Syndicate

Moving eastward, let’s take the pulse of the long term predicament facing The People’s Republic of China and review:

China’s Savings Problem and the Consumption Constraint
by Michael Pettis
China Financial Markets (linked at Wall Street Pit)

I hope this quick trip around the globe helps us all appreciate the varied nature of world cultures and the issues facing all of us.  As such, I pray that collectively the stronger and better part of our human spirit will prevail as we work our way through and over the global economic landscape.

Enjoy!!

LD

This entry was posted on Saturday, June 20th, 2009 at 12:30 PM and is filed under General. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.