Comments on: Interesting Reading That You May Have Missed http://www.thewaythefutureblogs.com/2009/05/interesting-reading-that-you-may-have-missed/ Frederik Pohl Wed, 08 Feb 2012 08:40:47 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Tina Black http://www.thewaythefutureblogs.com/2009/05/interesting-reading-that-you-may-have-missed/#comment-4276 Tina Black Sun, 31 May 2009 15:53:52 +0000 http://www.thewaythefutureblogs.com/?p=1204#comment-4276 I pulled out all my market holdings when the DOW was at 14,000. Good move. :) I pulled out all my market holdings when the DOW was at 14,000. Good move.

:)

]]> By: Doug K http://www.thewaythefutureblogs.com/2009/05/interesting-reading-that-you-may-have-missed/#comment-3861 Doug K Mon, 18 May 2009 21:55:17 +0000 http://www.thewaythefutureblogs.com/?p=1204#comment-3861 James Fallows is not really a 'financial' writer per se. He's worth reading on any subject, though. Find his weblog at http://jamesfallows.theatlantic.com/ I'm havering on subscribing to the Atlantic, and it's mostly because I'd like to help support his writing.. We are all Keynesians now.. "The market can stay irrational longer than you can stay solvent." John Maynard Keynes James Fallows is not really a ‘financial’ writer per se. He’s worth reading on any subject, though. Find his weblog at
http://jamesfallows.theatlantic.com/

I’m havering on subscribing to the Atlantic, and it’s mostly because I’d like to help support his writing..

We are all Keynesians now..
“The market can stay irrational longer than you can stay solvent.” John Maynard Keynes

]]> By: Jeff http://www.thewaythefutureblogs.com/2009/05/interesting-reading-that-you-may-have-missed/#comment-3846 Jeff Mon, 18 May 2009 14:30:36 +0000 http://www.thewaythefutureblogs.com/?p=1204#comment-3846 Paul Krugman has written some interesting things about the dollar trap that China is in. They can't really do anything about all that American debt they own without crashing their own economy. That's one reason why China is pushing for a world trade currency to replace the dollar. Krugman has also written about China's environmental problems, specifically CO2 emissions. http://www.nytimes.com/2009/05/15/opinion/15krugman.html?_r=1&partner=rssnyt&emc=rss In my opinion, China is sitting on an environmental time bomb. They are poisoning their land, water and air at an unsustainable rate. They may be an economic powerhouse today, but in the long run their country will become uninhabitable. The cost of cleaning up the mess they have made in their drive to become an economic superpower will ultimately hamstring the Chinese economy, which in turn will further steer the rest of the world away from the very consumption-driven economic model that has created the Chinese superpower. My opinion - the next 20 years are going to be... interesting. The world will change as much in the next 20 years as it changed in the last 100. The change is inevitable, but how it changes remains to be seen. Paul Krugman has written some interesting things about the dollar trap that China is in. They can’t really do anything about all that American debt they own without crashing their own economy. That’s one reason why China is pushing for a world trade currency to replace the dollar.

Krugman has also written about China’s environmental problems, specifically CO2 emissions. http://www.nytimes.com/2009/05/15/opinion/15krugman.html?_r=1&partner=rssnyt&emc=rss

In my opinion, China is sitting on an environmental time bomb. They are poisoning their land, water and air at an unsustainable rate. They may be an economic powerhouse today, but in the long run their country will become uninhabitable. The cost of cleaning up the mess they have made in their drive to become an economic superpower will ultimately hamstring the Chinese economy, which in turn will further steer the rest of the world away from the very consumption-driven economic model that has created the Chinese superpower.

My opinion – the next 20 years are going to be… interesting. The world will change as much in the next 20 years as it changed in the last 100. The change is inevitable, but how it changes remains to be seen.

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