http://www.theroadfromruin.com How to revive Capitalism and put America back on top Mon, 21 Jun 2010 21:05:25 -0700 hourly 1 http://www.theroadfromruin.com/2010/05/to-cut-or-not-to-cut/comment-page-1/#comment-940 China is becoming more progressive than the UK « Girl, Interrupting Mon, 21 Jun 2010 21:05:25 +0000 http://www.theroadfromruin.com/?p=465#comment-940 [...] are evidently not listening to the economic arguments from Nobel Prize winner Paul Krugman and Road From Ruin authors Bishop and Green – that now is the time to put money INTO the economy, not effectively shut [...] [...] are evidently not listening to the economic arguments from Nobel Prize winner Paul Krugman and Road From Ruin authors Bishop and Green – that now is the time to put money INTO the economy, not effectively shut [...]

]]> http://www.theroadfromruin.com/2010/05/to-cut-or-not-to-cut/comment-page-1/#comment-800 Do we really need another sputnik before we do something? « Girl, Interrupting Mon, 24 May 2010 16:13:43 +0000 http://www.theroadfromruin.com/?p=465#comment-800 [...] is noted by Road from Ruin authors Bishop and Green, today’s £6bn cuts are political rather than useful economically . Aside from the obvious caveat that public outcry doesn’t mean much to the government, as it [...] [...] is noted by Road from Ruin authors Bishop and Green, today’s £6bn cuts are political rather than useful economically . Aside from the obvious caveat that public outcry doesn’t mean much to the government, as it [...]

]]> http://www.theroadfromruin.com/2010/04/its-the-system-stupid/comment-page-1/#comment-236 Gyanoprobha Sat, 08 May 2010 13:06:12 +0000 http://www.theroadfromruin.com/?p=396#comment-236 Control of systemic risks is supposedly one of the reasons why central banks exist, but you can't have systemic supervision unless the supervisors are independent of the supervised. In the US, you have supervisors who - through the 'revolving door' - are drawn from, and expect to return to, the community of bankers and financial market makers who are supposed to be supervised. The result is a cosy club of cronies united by ties of self-interest rather than an accountable and transparent system. Moreover, the US reliance on self-regulation is designed to undermine any system of regulation, and given legitimacy by lawmakers who pass laws that entrench this cosy system of self-regulation in exchange for financial support for their campaigns from those very bankers. It's the road from ruin to further ruin...until democratic accountability and transparency is restored. Control of systemic risks is supposedly one of the reasons why central banks exist, but you can’t have systemic supervision unless the supervisors are independent of the supervised. In the US, you have supervisors who – through the ‘revolving door’ – are drawn from, and expect to return to, the community of bankers and financial market makers who are supposed to be supervised. The result is a cosy club of cronies united by ties of self-interest rather than an accountable and transparent system. Moreover, the US reliance on self-regulation is designed to undermine any system of regulation, and given legitimacy by lawmakers who pass laws that entrench this cosy system of self-regulation in exchange for financial support for their campaigns from those very bankers. It’s the road from ruin to further ruin…until democratic accountability and transparency is restored.

]]> http://www.theroadfromruin.com/2010/04/greece-today-america-the-day-after-tomorrow/comment-page-1/#comment-92 Andrew Fri, 30 Apr 2010 14:50:05 +0000 http://www.theroadfromruin.com/?p=386#comment-92 Innovation has the capacity to propel human reaction beyond reasonable assumptions to levels of anxiousness and traits of depressive actions.Innovation itself is nothing new and is termed in many ways;inventive ,creative,productive....an so on.The China industrial production with it's central axis of control propels the innovation of products and services to the point whereby the capacity to barter by competive force seems obselete.With many world economies for NOW unable to compete with Chinese productive forces, they now can only accept the role of consumer to the Chinese producer and accept a form of pyramid selling amongst their own economies .This pyramid economy fuelled by interest rates at levels well below that is required to compete and harness productive innovation by nature falls upon itself.The current world economic trends suggest if China precludes from proactive intervention then major political uprest will enventuate with the major economies struggling with internal pressures of anxiousness and depression resulting in a major oppression to world counterparts. Innovation has the capacity to propel human reaction beyond reasonable assumptions to levels of anxiousness and traits of depressive actions.Innovation itself is nothing new and is termed in many ways;inventive ,creative,productive….an so on.The China industrial production with it’s central axis of control propels the innovation of products and services to the point whereby the capacity to barter by competive force seems obselete.With many world economies for NOW unable to compete with Chinese productive forces, they now can only accept the role of consumer to the Chinese producer and accept a form of pyramid selling amongst their own economies .This pyramid economy fuelled by interest rates at levels well below that is required to compete and harness productive innovation by nature falls upon itself.The current world economic trends suggest if China precludes from proactive intervention then major political uprest will enventuate with the major economies struggling with internal pressures of anxiousness and depression resulting in a major oppression to world counterparts.

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