Sunday, 29 March 2009

Tide is turning against U.S. financial dominance

Kenneth Rogoff, a Harvard University Economics professor, makes the following very astute remark which is quoted in a worthwhile piece from the New York Times

"The U.S. brand name has clearly suffered from this crisis, and the rest of the world is no longer willing to sit quietly and be lectured by the United States on how they should conduct economic policy,"

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