| Topic: |
Religions > Atheism |
| User: |
"maff" |
| Date: |
27 Mar 2005 11:23:33 AM |
| Object: |
OT: Flashmob |
Expert View: Don't pick on America, blame the financial flashmob
http://news.independent.co.uk/business/comment/story.jsp?story=623935
By Mark Tinker
27 March 2005
Hard as it may be for many Europeans to accept, not everything can be
blamed on America. In fact, I would go so far as to say that the US is
more passive than active in the economic imbalances we hear so much
about.
Instead of thinking of America as the driving force of the world
economy, and concluding that its deficits are a problem, it is more
relevant to see the US as a passive recipient of huge amounts of the
rest of the world's savings - so that its surpluses are the real
problem. In fact, American manufacturers could complain that, because
foreigners are forcing a capital account surplus on the US, then the
balancing item of the current account deficit is that money is spent on
overseas goods and services at the expense of domestic producers.
flashmob OR "flash mob"
http://news.google.com/news?tab=gn&q=flashmob%20OR%20%22flash%20mob%22&num=100&hl=en&lr=&safe=off&
http://www.google.com/search?tab=nw&q=flashmob+OR+%22flash+mob%22&num=100&hl=en&lr=&ie=UTF-8&sa=N
http://www.google.com/search?q=flashmob+OR+%22flash+mob%22&btnG=Google+Search&hl=en&cat=gwd%2FTop
http://groups-beta.google.com/groups?q=flashmob+OR+%22flash+mob%22&start=0&scoring=d&num=100&hl=en&lr=&safe=off&
.
|
|
|
