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A special report on China and America: : Round and round it goes | The Economist
China and the US have a complicated relationship when it comes to trade. It may be changing in the future due to the recession in America, but for some that change can't come fast enough!
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China, a developing country, lent vast amounts of money to wealthy America to feed its spending habit. Americans spent the money on Chinese-made goods, sending the dollars back to China, which lent them to America again.
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for its growth, and on America in particular. By 2007 the value of China’s exports amounted to about 36% of its GDP, up from just over 20% in 2001.
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YouTube - ACDCLeadership's Channel
Mr. Clifford and ACDC Leadership is dedicated to creating interactive programs, lessons, and activities that make learning exciting.
Knowledge Learning Corporation | Child Care & Education Services
Are you looking for a great opportunity, a rewarding career, or the chance to make a difference? KC Distance Learning is hiring NCLB Highly Qualified High School certificated teachers to fill positions across the country. We currently have part-time and full-time positions available for qualified teachers who want to work from their home. Working at KCDL you will enjoy a flexible work environment, utilize the latest distance learning and communications technology, and, best of all, you can help students from all walks of life achieve their individual potential.
FT.com / Asia-Pacific - Renminbi at heart of trade imbalances
This article talks about the weak RMB and how it affects trade between the US, China and Europe
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The Americans get the toys, the Chinese get the Treasuries and we get screwed.” Thus a European Union official once characterised the pattern of Beijing accumulating US assets by selling renminbis for dollars, while nothing stood in the way of a rapid and destabilising appreciation of the euro.
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A string of countries including Thailand, Malaysia and South Korea have intervened either verbally or in the foreign exchange markets in recent weeks to slow the rise of their currencies.
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Swiss Banking Is Finished
Switzerland's decision to start playing ball with other governments on issues like tax evasion and the arrest of Roman Polanski has destroyed the country's reputational capital, which formed the core of its banking system. If you can't safely park your cash, bearer bonds, gold, and other valuable in Swiss Banks, without a 100% iron-clad guarantee of your security and secrecy, what's the point?
Digitally Speaking / Social Bookmarking and Annotating
The driving force behind the Web 2.0 revolution is a spirit of intellectual philanthropy and collective intelligence that is made possible by new technologies for communication, collaboration and information management. One of the best examples of collective intelligence in action are the wide range of social bookmarking applications that have been embraced in recent years.
Excuse me, China… could you lend us another billion? | Welker's Wikinomics Blog
What’s the deal with American consumers? How, exactly, does a nation’s average savings rate fall to 2%, then 1%, and then become negative, like in the US over the last couple of years? What does negative savings actually mean? It means that Americans consumer more than they actually produce.
BEA : U.S. International Transactions Accounts Data
This website contains Balance of Payments data for the United States over 2008 and 2009.
The story of the stimulus - Paul Krugman Blog - NYTimes.com
Paul Krugman tells the story of stimulus...
Video: Joseph Stiglitz: The Balance Sheet : The New Yorker
VIDEO: JOSEPH STIGLITZ
James Surowiecki spoke with Professor Joseph Stiglitz, the Nobel Prize-winning economist, about the mishandling of the financial crisis, the relationship between government and markets, and the future of capitalism around the world. They met last month at Stiglitz’s office at Columbia University.
FT.com / China / Economy & Trade - China’s economic rebound boosts jobs
Employment levels in China began to recover over the past three months in the latest evidence of the rapid rebound in the economy from the international financial crisis as a result of heavy public investment.
Economic Growth Yet to Hit Job Market - washingtonpost.com
Despite an emerging economic expansion, businesses were sufficiently skittish about the future that the job market continued its long, steep decline in August, according to a new government report Friday. The unemployment rate rose to 9.7 percent, from 9.4 percent, as employers shed jobs for the 20th straight month, the Labor Department said.
Students Helping Students - Get Involved - Room to Read
Room to Read's Students Helping Students initiative was launched in 2005 after an overwhelming response from students wanting to help rebuild schools and libraries after the devastating tsunami in Sri Lanka. Since then, Students Helping Students projects have involved thousands of students and raised almost a million dollars for Room to Read programs in Asia and Africa!
Students Helping Students is a way for students, teachers and their communities to help Room to Read provide enhanced educational resources where it is needed most. By taking the initiative and starting fundraising projects at their school, church, or community group, students will cultivate valuable leadership skills as well as feel empowered that they can be agents of change in the world.
BBC World Service - Business - Is inflation or unemployment worse?
Should we worry more about unemployment or inflation?
Is the massive spending of taxpayers' money by governments, to make good the current aversion to spending by everybody else, storing up inflation or not?
The fear in some quarters, is that governments will eventually print money to finance today's spending.
Policy priorities
In a way, it is a re-run of the debate that has rumbled on since the 1930s between Keynesians on one side - and neo-classical economists and monetarists on the other.
FT.com / Comment / Opinion - Magic and the myth of the rational market
One response to the current crisis has been a rise in the popularity of behavioural economics, which examines the psychological and emotional factors behind transactions. These models drop the assumption of the rational actor yet implicitly keep the same model of economic rationality at their heart. We may diverge from the path of rationality for all sorts of psychological reasons but only because emotion, Keynes’s famous “animal spirits”, clouds our judgment.
Op-Ed Columnist - The Swiss Menace - NYTimes.com
Investor’s Business Daily would like you to believe that Obamacare would turn America into Britain — or, rather, a dystopian fantasy version of Britain. The screamers on talk radio and Fox News would have you believe that the plan is to turn America into the Soviet Union. But the truth is that the plans on the table would, roughly speaking, turn America into Switzerland — which may be occupied by lederhosen-wearing holey-cheese eaters, but wasn’t a socialist hellhole the last time I looked.
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