« The Wall Street “Sausage-Making” Process
NoQuarter Radio’s Sense on Cents with Larry Doyle, Sunday Evening at 8PM »
Posted by Larry Doyle on June 20, 2009 12:30 PM |
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