Barack Obama must stimulate the economy with state spending. The astonishing example of Europe could convince republicans who in the past blocked everything... The monetary policy of a central bank cannot replace the fiscal policy of a government.
More and more economists take distribution questions seriously. When inequality becomes too great, the economy becomes unstable. Liberalization of the financial markets roused the spiral of indebtedness. Private indebtedness and income inequality massively increased in the US. The financial markets uncoupled from the real economy.
MANILA, Philippines – As the first female chief of the International Monetary Fund (IMF) visited the country for the first time and met with Pres. Benigno S. Aquino III Friday morning, debt watchdog Freedom from Debt Coalition staged a protest near the Malacañan Palace, in solidarity with the peoples of the Eurozone.
Can Canadians Hold Out Against Their Government's Forceful Efforts to Wiretap Their Lives? The Obama Government also wants the power (without a warrant) to introduce as evidence in U.S. Civil; Criminal and Administrative prosecutions any phone call record, email or Internet activity.