Thursday, August 11, 2011

Global Economic Downturn: A Crisis of Political Economy

Global Economic Downturn: A Crisis of Political Economy

By GEORGE FRIEDMAN, STRATFOR, August 9, 2011

www.stratfor.com




The current crisis must be understood as a global event with one overriding theme: the relationship between the political order and economic life.



My comment...

George Friedman at STRATFOR has written an easy-to-understand explanation of how our current crisis developed and where it might be going...

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