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Showing posts with label global economy. Show all posts
Showing posts with label global economy. Show all posts
Monday, February 28, 2011
Global Economy? 23 Facts Which Prove That Globalism Is Pushing The Standard Of Living Of The Middle Class Down To Third World Levels
The Economic Collapse Blog
From now on, whenever you hear the term "the global economy" you should immediately equate it with the destruction of the U.S. middle class. Over the past several decades, the American economy has been slowly but surely merged into the emerging one world economic system. Unfortunately for the middle class, much of the rest of the world does not have the same minimum wage laws and worker protections that we do. Therefore, the massive global corporations that now dominate our economy are able to pay workers in other countries slave labor wages and import the products that they make into the United States to compete with products made by "expensive" American workers. This has resulted in a mass exodus of manufacturing facilities and jobs from t
he United States... [Full Article]
The Economic Collapse Blog
From now on, whenever you hear the term "the global economy" you should immediately equate it with the destruction of the U.S. middle class. Over the past several decades, the American economy has been slowly but surely merged into the emerging one world economic system. Unfortunately for the middle class, much of the rest of the world does not have the same minimum wage laws and worker protections that we do. Therefore, the massive global corporations that now dominate our economy are able to pay workers in other countries slave labor wages and import the products that they make into the United States to compete with products made by "expensive" American workers. This has resulted in a mass exodus of manufacturing facilities and jobs from t
he United States... [Full Article]
Monday, February 14, 2011
France wants new global finance system
France will help the transition to a global financial system based on 'several international currencies', the French Economy Minister said today.
RTE News
France will help the transition to a global financial system based on 'several international currencies', the French Economy Minister said today.
RTE News
France, as current head of the Group of 20 countries, will help the transition to a global financial system based on 'several international currencies', French Economy Minister Christine Lagarde said today.
Lagarde, speaking ahead of a G20 finance ministers meeting in Paris on Friday and Saturday, said the world had to move on from the 'non-monetary system' it now has to one 'based on several international currencies'...
[Full Article]
Sunday, April 25, 2010
US Prepares To Push For Global Capital Rules
The US is preparing to pivot from domestic regulatory reform to a push for a tough new international capital regime after the weekend’s G20 and International Monetary Fund meetings glossed over differences between leading economies.
The US is preparing to pivot from domestic regulatory reform to a push for a tough new international capital regime after the weekend’s G20 and International Monetary Fund meetings glossed over differences between leading economies.
Tim Geithner, US Treasury secretary, met Mario Draghi, chairman of the Financial Stability Board, on Sunday to discuss the contours of a system that would decide the safety and profitability of banks for decades to come and could eclipse the arguments over bank taxes and regulation...
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