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The global downturn - from the BBC
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Andrew Stephens
Mac Elite
Join Date: Jan 2004
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Dec 11, 2008, 01:29 PM
 
In a bit more depth than usually allowed for in a short news article or blog post BBC economic editor Robert Peston explains the underlying causes.

Interestingly this is the first time I've read/heard about the effect of the west borrowing every penny that chinese workers have been saving over the years.

http://www.bbc.co.uk/blogs/thereport...capitalism.pdf
     
turtle777
Clinically Insane
Join Date: Jun 2001
Location: planning a comeback !
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Dec 11, 2008, 01:59 PM
 
Thanks for sharing, good read

-t
     
   
 
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