Word: crisises
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Both Chinese and Americans view their economic interdependence warily. Yet in many respects the relationship has been mutually beneficial and may have been the primary reason the financial crisis did not result in a worldwide Great Depression. China was able to spend aggressively because for 20 years U.S. businesses had...
And yet it's fair to say that the relationship between China and the U.S. is not something that most Chinese or Americans like. Say China to many Americans, and they will speak of cheap and potentially dangerous products, unfair trade practices, human-rights violations and outsourcing. Mention the U.S...
History professor Niall C. Ferguson took home the International Emmy Award for “Best Documentary” last week for his six-part series, “The Ascent of Money,” which chronicles the history of money, credit, and banking from Babylon to the current...
Public-service broadcast Channel 4 in the UK first aired the production in 2008, while PBS aired a shorter U.S. version in January and July 2009, in time for the bank collapses and bailouts of the global financial crisis.
The film presents a timely warning against the danger of the United States’ continued dependence on China for credit, particularly in light of the ongoing financial crisis.