Here Comes Bourgeois Socialism – Again 03:18 Apr 28 3 comments The US-Turkey stand-off in context: the US and the weaponisation of global finance 19:04 Sep 13 0 comments Fuel Price Hikes Hammer South Africa’s Working Class 17:53 Sep 20 1 comments The Davos Blind Eye: How the Rich Eat the Poor and the World 18:07 Jan 26 0 comments Riflessioni sullo stato di crisi del capitalismo 06:41 Dec 24 0 comments more >> |
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Monday November 15, 2010 23:15 by Mark Weisbrot - The Guardian
Fears of protectionist battles over trade and exchange rates are overblown. The G20 really needs to focus on stimulating growth If the G20 is going to be nothing more than a talking shop on economic issues, they ought at least to talk about the economic problems that really matter, and the ones they can do something about. Not that currency values don't matter – they are actually very important. And it is interesting to see them getting some attention, after the media ignored, for example, the fact that an overvalued dollar was the main cause of the United States's loss of nearly a third of its manufacturing jobs over the last decade. |
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