June 24, 2003
Mitch's paper

HOW THE UNITED STATES MESSED UP THE GLOBAL ECONOMY, AND WHY IT WILL PROBABLY GET WORSE:
STRUCTURAL ADJUSTMENT, OVER-CONSUMPTION, AND THE DEMISE OF THE DOLLAR
by Mitch McEwen

This paper looks at the current global downturn as the transition out of an era of U.S.-centered global capitalism. Describing the current global economy as in the process of major crisis, causes of the ensuing crisis are considered and connected to the economic position and policies of post-World War II U.S. The paper ties the U.S. position of big spender mac daddy nation of the world to the currency relationships and international financial institutions established with the Bretton Woods accords. The unsustainability of these currency relationships and the mismanagement of the international financial institutions are blamed for the current global crisis. See, it all comes full circle, like a Greek tragedy.
Posted by zephoria at June 24, 2003 11:11 AM | TrackBack
Comments

Brilliant,esp in re the world economy as a potluck and the ability to explain complex economics to mere mortals.Congratulations,zephoria for spotting a winner.

Posted by: Lillian on July 3, 2003 09:11 AM

Brilliant,esp in re the world economy as a potluck and the ability to explain complex economics to mere mortals.Congratulations,zephoria for spotting a winner.

Posted by: Lillian on July 3, 2003 09:11 AM

You cock suckers took my paper!!!! I wrote that!! for school!!!

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Posted by: fioricet on August 16, 2004 12:00 PM

Yo, please disregard the "cock sucker" comment above. It's so not me. Some Holliday2958@yahoo.com wrote that.

Anyways, I;m at architecture school in NY now. BTW, I no longer have that paper on file, so if anyone has it, please send it to me. Best,
mitch

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