Throwing Grenades in the Global Economic Cockpit
Juan Cole talks with Tom Engelhardt. Cole states, "If you don't like three-dollar-a-gallon gasoline, you're going to really hate this kind of world I'm painting. I think the price shock would reduce economic growth globally, plunging some countries into recession or even depression. This would be a world-class catastrophe. And it's also not clear, once it starts, how you stop it."
Starmail - 19. Okt, 23:09