Discover What the World Thinks of U.S.

Germany

The New Money Power

September 30, 2008 // Die Zeit - Germany - German

How Peking forced its biggest debtor, the USA, to negotiate the financial crisis For weeks, the activity of Chinese central bankers in the financial crisis was barely perceptible. They didn’t emerge from cover until last Friday, when it became known that the government-owned China Investment Corporation (CIC) was [Read more]

Operation Inflation Freedom

September 29, 2008 // Financial Times Deutschland - Germany - German

What Europe’s central bankers are currently contemplating is reminiscent of George W. Bush and Iraq: preemptively combating a danger which is difficult to verify. This can be a dangerous adventure. In 2003, Bush had the Iraqi government overthrown and its ragtag army routed with hundreds of thousands of troops and [Read more]

Revolutionary Campaign

September 29, 2008 // Die Welt - Germany - German

John McCain pulled his ace out of his sleeve. If elected, Alaska’s Governor Sarah Palin will accompany him into the White House. However, in no way does the 44-year-old governor embody Republican conservatism. On the heels of the Democrats’ revolution follows the Republicans’ revolution. The American Left had [Read more]

Paulson The Junk Dealer

September 28, 2008 // Financial Times Deutschland - Germany - German

Under Paulson’s plan, the government would take on the role of a gigantic junk dealer who doesn’t even know anything about the junk it’s buying. Critics ridicule it as “cash for trash.”

God Bless America

September 27, 2008 // Die Zeit - Germany - German

Washington Mutual Bank just went broke. The government bailout package for the financial system has yet to go anywhere in Congress. Several thousand more families lose their homes every week due to the mortgage crisis. In Texas, they’re still cleaning up the mess left by Hurricane Ike. In the United Nations [Read more]
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