Global Financial Crisis: The Way Forward
edited: Saturday, February 28, 2009
By Valdemar (Val) R Wake
Rated "G" by the Author.
Posted: Wednesday, January 28, 2009
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How should the trading nations restore stability to the world economy?
Imagine, if you will, a world where people trade in an agreed currency, where the exchange rate is established by common consent, where trade in non-capital assets, like debt, is discouraged and people deal in real capital assets.The stock market remains essentially as it is, a casino, but no longer an indicator of the state of the world economies.
The article can be viewed in full in AQ issue six volumne 80 on the Australian Institute of Policy and Science Science Secretariat website given below