Dedicated to highlighting the embeddedness of finance into societies
"Des waerelds doen en doolen, is maar een mallemoolen,"
"Des waerelds doen en doolen, is maar een mallemoolen," engraving from Het Groote Tafereel der Dwaasheid, 1720.
"The actions and designs of the world go round as if in a mill." South Sea bubble financial crisis.
Tuesday, February 1, 2011
From protest to global recession
Nouriel Roubini illustrates the point of my last post, and goes a step further. From the Arab street to oil prices, and from oil prices to global recession. Yes, international politics still matter. And it impact on stock markets too.
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