What happens when you adopt policies intended to strongly orient your economy towards financial services, and then the financial services sector collapses? This:
"Iceland's GDP could shrink by 85 per cent"
Since a major objective of corporate-oriented free-trade policies is the development of the financial services and resource extraction sectors to the detriment of domestic manufacturing, it may be wise to have a debate about the wisdom of those policies.
Thursday, October 30, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment