The recent downturn in the economy has many people playing armchair quarterback over decisions made by the Federal Reserve during the last few years. These guys are supposed to be geniuses when it comes to economics, right? It doesn’t take a rocket scientist to recognize that there may have been errors in judgment regarding interest [...]
Posts Tagged ‘World Economy’
Cyclic Character of Modern Economic Development
August 20th, 2009
Admin Important appropriateness of development of modern economy is its cycled character. Puriny every structural crisis of the world economy new opportunities are formed. Capital of the countries, which were leaders during last cycle, is being devaluated. Qualification of lab our forces in field using old technologies are being ruined, while the countries, which managed to [...]
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