If the state of American financial reform is unfinished and courting the next crisis, the view from Europe is even worse. Europe is bifurcating into chronic creditors and chronic debtors.
Las agencias no califican del mismo modo a los gobiernos. La dureza exhibida con deudas como la griega, la portuguesa o la española contrasta con la laxitud con que se juzgan otras igual o más riesgosas.
The non elected decisional centre of E U believes that inflation is either the real threat or the very instrument to get growth. It is a fake policy and European citizens should demand some form of democratic control over nor elected public figures.
Hoy es preciso proponer nuevas formas de organización del estado, nuevos tipos de políticas públicas y también organizar un nuevo sistema de defensa de la moralidad pública.
El discurso de los expertos – 100, 300 economistas – se reduce a un cambio de reglas que anulen progresivamente los valores de solidaridad y de democracia social.
L'OPEC manca di strumenti sufficienti per il controllo del prezzo del petrolio, ma l'Arabia Saudita potrebbe assumere una funzione di contrasto alla speculazione dei "futures", vendendo sul mercato il proprio petrolio come i governi vendono all'asta i propri bond.
OPEC lacks sufficient tools to manage oil, but Saudi Arabia could shift from the position of price taker to that of price maker. Saudi Arabia should sell its oil in the same way that Governments sell their bonds, by auction.
Fadhil Chalaby , an Iraqui intellectual, for ten years at the helm of OPEC and friend of Zaki Yamani, the long standing Oil Minister of Saudi Arabia , tells the story of the debate and contradictions within the Orgnization.