Science, Innovation, Politics
'Without Bretton Woods you'd be Argentina.' Nice!Incidentally, you might like to publicize the fact that _The Climate Fix_ is available as an e-book. I haven't read the thing yet because I ordered a physical copy a week before I bought my first e-reader and am pissed off that I didn't wait another week and buy _The Climate Fix_ - have I mentioned _The Climate Fix_ yet? - in a form that is friendlier for those with fading eyesight and shorter attention spans. (Also, this particular book - which is called _The Climate Fix_ - is cheaper as an e-book.)
Great video!I am sure you heard the G-20 told Obama 'no thanks' in his call to rein in China. Isn't quantitative easing just peachy keen?
The idea that Obama or the Chinese goverenment are anything more than puppets of global finance is not credible. This is a Punch and Judy show. Bretton Woods was fundamentally an Anglo American deal that forced the USA out of isolationism with the prospect of free debt. The reason the British government is massively contracting the economy in a recession is that the further prices fall, the easier it is for the scavangers to buy everything at rock bottom prices. That is a repeat of the post Wall Street crash. One interesting sign is the high failure rate of small banks which was typical of the 1930s. The big ones gobble them up. Bernanke is an expert on the great depression. He said he wouldn't repeat it. He didn't. Not exactly. He bailed out the big boys which actually made things worse.