Peter Treadway, PhD
Beware Of The IMF Bearing Gifts
The Economist is referring to the Greek financial crisis. Readers of my last piece Privatize the Gains, Socialize the Losses must know what I think of The Economist’s recommendation.

[U.S.A.] Privatize The Gain, Socialize The Loss
The public and the politicians have been outraged at the bonuses the recently bailed out banks have decided to pay themselves. In the United States, bankers are now held in lower esteem than politicians....[World] The Crisis Of 2008 - The Last Chapter
“It is frequently thought that relieving an alleged shortage of money will solve all social problems. Even today, with an economic crisis raging, the response ...[World] The Export Model
So the world may turn.The US is in a serious consumer led debt deflation. Unemployment will rise further. The realization has now come that the US third quarter GDP numbers were juiced up by the government’s cash for clunkers program, the $8000 credit to new homeowners and a modest inventory swing. These weren’t such good numbers as the market figured out a day later. Now we are starting to hear about a “W” recovery....[Business] Where To Invest Now
After rallying strongly in the first part of the year, stock markets in most countries seem to be taking a breather. Investors, many of whom missed the earlier rally and are still shell shocked from the declines of 2008, must ask themselves “where do we go from here?” It doesn’t help that their inboxes and the cable channels are filled with contradictory recommendations from so-called experts....[World] Is China In A Real Estate/Stock Bubble?
Answer: Probably not. The Chinese authorities are as aware of recent history as anyone else....[Business] The Renminbi Yearns To Be Free
“The outbreak of the current crisis and its spillover in the world have confronted us with a long-existing but still unanswered question, i.e., what kind of international reserve currency do we need to secure global financial stability and ensure world economic growth…The desirable goal of reforming the international monetary system, therefore, is to create an international reserve currency that is disconnected from individual nations and is able to remain stable in the long run, thus removing the inherent deficiencies caused by using credit-based national currencies.”...[Business] Facing Reality
"The greatest obstacle to discovery is not ignorance; it is the illusion of knowledge." - Daniel Boorstin...Author Info

