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PUBLIC MARKS with tags politics & economy


Bailouts & Bank Credit Crisis Could Cause British Great Depression

by cryogenius (via)
Niall Ferguson, respected economic historian, warns of other European countries facing an Iceland style bankruptcy. 'Switzerland is first in line… and Britain is not far behind,' he says. While many politicians in Europe like to shift the blame for the credit crisis to the U.S. Niall points out that excessive lending and leveraging was much more endemic in countries such as Germany and the U.K. Yet the U.K Prime Minister, Gordon Brown, like many European politicians continues to argue that the world is being brought down by a U.S. caused recession.



Who can stop the rise and rise of China? The communists, of course

by wozy
If the People's Republic is now the workshop of the world, the Communist Party is the bull in its own China shop.

2004 Haier sparks Beijing backlash on state assets

by tsalon
"an intense debate among mainland policymakers about the ownership of state assets."

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