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What’s evolved is a new global economic paradigm that no longer follows the old script and won’t respond favorably to fiscal austerity, says Duncan, who believes the global economy has.
China’s economy is history’s biggest bubble and may be headed for collapse, according to Richard Duncan, chief economist at Blackhorse Asset Management Pte. who predicted a credit boom would trigger a.
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drained U.S. gold reserves. As a result, President Richard Nixon announced in 1971 that the United States would no longer redeem foreign-held dollars for gold. This action saved the gold stock, but it also angered many foreign governments that had been planning on cashing their American dollars into gold.
My guest in this episode is Richard Duncan. Richard is the author of three books on the global economic crisis. The Dollar Crisis: Causes, Consequences, Cures (John Wiley & Sons, 2003, updated.
The Corruption of Capitalism(1st Edition) A strategy to rebalance the global economy and restore sustainable growth by Richard Duncan Paperback, 228 Pages, Published 2009 by Clsa books isbn-13: 978-988-98942-4-5, ISBN: 988-98942-4-6
The U.S. consumes too much, and China saves too much, lending the excess to the U.S. to keep the global show. work of economist Richard Duncan from Macrowatch whose 2012 book The New Depression:.
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In The New Depression: The Breakdown of the Paper Money Economy, Richard Duncan introduces an analytical framework, The Quantity Theory of Credit, that explains all aspects of the calamity now unfolding: its causes, the rationale for the government’s policy response to the crisis, what is likely to happen next, and how those developments will.
We recently had the opportunity to interview the thought-provoking economist and author Richard Duncan. Richard captains the. Now that the Chinese bubble is bursting, the global economy is very.
A weakening U.S. economy, alongside the crisis in China, means that the Fed will launch another round of quantitative easing, says Richard Duncan, chief economist at Blackhorse Asset Management.
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They’re worried that China’s slowing economy is sucking the world into a global recession, something economist Richard Duncan says is already happening. It’s bad enough that Chinese demand for global.