Comments on: The good, the bad and the global economy Fri, 05 Dec 2014 14:27:05 +0000 hourly 1 By: KyleDexter Tue, 19 Jun 2012 18:32:49 +0000 Mr Bremmer assumes that we and Europe will be unaffected by all of the mountains of debt we have. That nothing will really happen to our economies, but that China’s will go down if there is a another global recession.

Mr Bremmer, last I checked, they have over $3 billion in currency reserves, own most of our and Europe’s debt, and make most of the worlds products. If China ever wanted to sell some of that debt, lets say 10% of it, we are screwed!

By: TheUSofA Tue, 19 Jun 2012 03:24:13 +0000 A pitch for the status quo.

There is no real leadership in sight because the same people that brought us here are still in charge and they’re still selling the same crap, media included.

Sustainability must be the meme of the future.

By: ZGHerm Tue, 19 Jun 2012 00:55:49 +0000 I agree with one of the other comments that the first paragraph explains our present situation, but then the rest of the article dives back into the “old style thinking” analyzing how this interconnected system could be used for individual or national benefits.
This competitive nature where we succeed on the account of another, and we have to climb higher by trampling on someone else is engraved in us by education and the whole culture, society around us.
But if we we truly imagine and accept that we live in an interconnected and interdependent system as the article rightly explains, and this interdependency and interconnection goes much deeper than economics and finances, than we have to get used to a completely new attitude and interrelation in between human beings.
The best example for an interconnected, interdependent system is our own healthy living body, which is arranged in a way where each cell, organ can fulfill its role 100% to its capability, always receiving the maximum it needs to its perfect health and function, maintaining and maximally using its individuality and specific talent, but the aim is not its own individual priority but the well being of the whole, the healthy productive life of the whole systemic network.
What we see all through the daily events of the global crisis, most acutely in Europe, that as long as we try to apply our previous self centered, subjective approach and decision making in this new global system, we simply dig ourselves deeper into crisis without any hope for solution.
In terms of the living body today we operate as cancer cells.
For a better, sustainable future we cannot ignore what system we live in any longer, and we have to adapt to its conditions.

By: jambrytay Mon, 18 Jun 2012 21:31:27 +0000 actually, we (the US) are the single biggest buyers of our debt (go to m and click on the July 7, 2011 posting)

By: Ed62 Mon, 18 Jun 2012 19:32:52 +0000 China is not ‘slowing down’. Its just that its rate of growth (the 2nd derivative) is lower than it has been for the past 20+ years. It is still growing much faster than any other developed or semi-developed country of any size.

China knows what to do should it want to again goose its economy. All it has to do is peg its currency at a lower level, and its exports will take off again.

By: M.C.McBride Mon, 18 Jun 2012 17:20:07 +0000 “… it’s China – the single biggest buyer of U.S. debt…”, CNBC has different information. See: est_Holders_of_US_Government_Debt?slide= 16

I enjoyed the story and would agree that Greece pails in comparison to China, the growing, currently ignored story from CNBC and Reuters.

By: ALLSOLUTIONS Mon, 18 Jun 2012 15:03:35 +0000 One paragraph provides all the necessary information. Fine. What is the point?