Global Financial Crisis: The Way Forward (article) by Valdemar (Val) R Wake on AuthorsDen

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Valdemar (Val) R Wake

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Global Financial Crisis: The Way Forward
by Valdemar (Val) R Wake
Rated "G" by the Author.

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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�

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