“The liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it comes stronger than their democratic state itself. That, in its essence, is fascism - ownership of government by an individual, by a group.” – Franklin D Roosevelt [Source: Think Exist]
Friday, 18 February 2011
China Using Debt to Deal with U.S.
Feb 17 - Summary of business headlines: WikiLeaks cables show China used its position as America's largest debt holder to apply pressure on the U.S. Wall Street rallies as strong regional factory data offset inflation signals, jobless claims spike. Conway G. Gittens reports