Recession, Free trade and currency manipulation

So everything is going on around the global recession. The blame game started. The West is pointing fingers on Asia for the economic recession. If the mentality gets its steam then analysts suggest that we could possibly see a protectionist approach from the west.

A future protectionist approach is clearly evident with the way economists see the policy reforms of Mr. Obama. Mr. Geithner, the US secretary of treasury is already blaming China's foreign exchange policies.

When the growth of China has slowed down (from 11 to 6 percent), it is clearly a blame game from the west. It is truly an adaptation of the facts to implement the protectionist approach. Mr. Obama is not promising at all in the economic reforms.

Comments

Post a Comment

Popular posts from this blog

6 Strength Training Myths Debunked - By Jenna McCarthy

When it comes to lifting weights, everyone has an opinion. One day you hear heaving heavy weights will leave you looking like a linebacker (it won't). The next day, rumor has it that supermodel limbs are a mere 10 minutes away thanks to the Miracle Machine du jour (not in this lifetime). The fact is, those little hand weights aren't the only dumbbells lurking around your gym. If all this conflicting information is enough to make you burn your jog bra and bag working out altogether, fear not: We sought out two of the most in-the-know pros in the fitness industry to clear up your confusion once and for all.   1. If you lift weights, you'll bulk up. "It's physiologically impossible," says Michael Wood, director of the Sports Performance Group in Cambridge, Mass., and an exercise physiologist at Tufts Research Center on Aging. The reason? Testosterone is responsible for a muscle's bulk, and women simply don't have enough of this predominantly...
Read more

Organizations and labels

Image
Today morning I was conversing with my roomie. He told about the infosys HR guy who killed his wife. I am seeing such news often. Though, the reason for this cause-célèbre is very personal, the reports about it attach the organization for which the person is working for. Job has become an identity in our society and is an indispensable aspect in the perception about a personality. Today, I googled "wife murder" and below are the results I got. Another article that I read yesterday brags IT employees'  friday groove . In 1980s, during my childhood days, there was a guy in my neighborhood who was working as a teacher in a state government school. He was skilled in hindi and music. He used to run private hindi and music classes and was very popular in our area. We used to call him "Hindi Sir". His mainstream job was never part of the label attached to him. We know him as a person who runs hindi tuition. I believe he did that with passion, got famous and hence e...
Read more