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How to Wake Up Sleeping AmericansPublished 07/04/09 Craig Harrington with Eamonn Fingleton - Print ArticleE-mail - editor@economyincisis.org Editor's note: The following is the final interview in a six part series with economist Eamonn Fingleton. Click on the links below to watch all six groundbreaking interviews. In Fingleton's sixth and final interview, he discusses a variety of issues. Some of the focus surrounds the domestic policies which got the U.S. into this international mess, and the new policies which could or should be implemented to get us out. Fingleton is a proponent of creating an American value-added tax program similar to those used in over 100 nations around the world and he believes we should return to the national economic model of the late 19th century. Unfortunately, he also believes that it may be too late for America to emerge from this crisis unscathed. We are to expect a major depreciation of the dollar and American living standards in the near future. Click here for Part 1 in this series. Click here for Part 2 in this series. Click here for Part 3 in this series. Click here for Part 4 in this series. Click here for Part 5 in this series. Download the full interview on iTunes. Eamonn Fingleton is the author of In the Jaws of the Dragon: America’s Fate in the Coming Era of Chinese Hegemony. A former editor for the Financial Times and Forbes, he has written on East Asian and global issues for the The Atlantic Magazine, The New York Times, The Washington Post, and The Harvard Business Review. Click here to contact your Representative in Congress. MORE OF TODAY'S NEWS | Comment on this Article | Read CommentsSpread this message with Digg, Del.icio.us, Reddit, or Stumbleupon, and subscribe to the RSS Feed to track articles |
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ROME, July 5 (Reuters) - Chinese Vice Foreign Minister He Yafei said on Sunday the US dollar would continue to be the world's leading reserve currency for years to come.
That means 5 years at the most....