U.S. Economy

The winds are still blowing east

by: Zachary Karabell

Thu Oct 15, 2009 at 00:59

Cross-posted at River Twice Research.

While Washington is glued to the drama over health care, over the past few days, Russian Prime Minister Vladimir Putin has been in Beijing meeting with Chinese leaders including Premier Wen Jiabao and President Hu Jintao. In a series of communiqués, they celebrated the "strategic partnership" between the two countries and charted a course of future close relations.

Among others things, Putin - Russia's man behind the curtain who has also been spending considerable time in front of the curtain - signed off on six billion dollars worth of trade deals Chinese counterparts, including moving ahead with a natural gas pipeline to open up the vast Chinese market to Russia's equally vast supply of natural gas. The two sides also discussed policies to contain and manage North Korea. Trade between the two countries is approaching $60 billion a year, and while that is a faction of the more than $300 billion a year between China and the United States, it is hardly negligible.

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The new world economy

by: Zachary Karabell

Tue Nov 18, 2008 at 18:23

Cross-posted at River Twice Research.

So the G20 met over the weekend, and if there was any doubt before, there should be none now: the financial balance of power is shifting. China, Brazil, even Japan can all claim more sound economies than the United States, and they collectively let it be known that they would no longer take marching orders from the Washington consensus. They expect a voice, and they are not asking permission

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Why Small Business Needs Kucinich

by: parmenides08

Fri Nov 23, 2007 at 23:14

In an age of corporate consolidation and dispropotionate power, Dennis Kucinich is the candidate most willing to face the problems threatenting the American dream head on by leveling the economy and supporting growth and stabalization in the small business sector. As Kucinich notes:

The challenge before us today is whether we can maintain a government of the people, by the people and for the people, or whether we will timidly accept the economic, social, and political consequences of a government of the corporations, by the corporations, and for the corporations.
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