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In Paul Krugman's New York Times column today, he says, "China acquired its $2 trillion stash-- turning the People's Republic into the T-Bills Republic--the same way Britain acquired its empire: in a fit of absence of mind." I found the part I put in bold mind-boggling. Maybe that is the way the nobility and the merchants took possession of peasant land in Britan proper too. Michael Yates |
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- [Pen-l] Blame FDR for the Depression??, Jim Devine Sat 04 Apr 2009, 20:54 GMT
- <Possible follow-up(s)>
- Re: [Pen-l] Blame FDR for the Depression??, Dan Zale Sun 05 Apr 2009, 01:27 GMT
- [Pen-l] Quitters, Louis Proyect Sat 04 Apr 2009, 17:01 GMT
- [Pen-l] Lawrence Summers paid millions by companies he is supposed to regulate, Louis Proyect Sat 04 Apr 2009, 13:06 GMT
- [Pen-l] Paul Krugman on the British Empire, MICHAEL YATES Fri 03 Apr 2009, 22:43 GMT
- RE: [Pen-l] Paul Krugman on the British Empire, Max B. Sawicky Fri 03 Apr 2009, 22:52 GMT
- Re: [Pen-l] Paul Krugman on the British Empire, Robert Naiman Fri 03 Apr 2009, 23:20 GMT
- Re: [Pen-l] Paul Krugman on the British Empire, raghu Fri 03 Apr 2009, 23:45 GMT
- RE: [Pen-l] Paul Krugman on the British Empire, Perelman, Michael Sat 04 Apr 2009, 00:01 GMT