Globalisation

United States & Canada – Oct 6

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NYT’s Friedman discusses solutions to world’s climate, energy, and population problems (video & transcript)
Politics of drilling, financial bailout heading into elections (video & transcript)
Fukuyama: The Fall of America, Inc.
Ok, Now What?
Atlanta Q&A: Why gasoline supplies went south

Peeling the Onion: What’s Behind the Financial Mess?

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If you want a pat answer to what has caused the financial crisis that is reverberating around the world, and now threatening the derivatives market, we’ve got one. Nearly everyone – in the mainstream media and outside it, tells the same story – that the crisis was caused by the unravelling of the housing market, particularly the US housing market. And if you ask what’s behind that, well, we’re told there was a bubble. And if you ask what was behind the bursting of the bubble, well…;it is turtles all the way down.
I’m going to suggest that if you peel off the layers of the financial crisis, we’re going to find some pretty basic things…