WSJ page A1: US will seek a global boost in stimulus spending but Europeans want to focus on revamping financial rules.
Page C1: Big investors bet on gold over currencies. I mentioned precious metals with intrinsic values in my past blogs.
Defense of Obamanomics by Laura Tyson,Professor at UC Berkeley,former chair of CEA under President Clinton on page A19 for details. She also wrote "No China Bashing" years ago with insights and vision.
USAToday,page 10A: Donald Bonkreaux,Chair of George Mason University's economics department wrote:
"A world-class economy is impossible if its businesses cannot look past upcoming elections and must heed lobbyists pleas and agitators cries. Banks are so critical at channeling savings into investments that build the future. I sent my blog several days ago re the significance of the private sector for economic growth with the same rationale.
Page B1: Stock recovery will be a long haul - 28 years?
Economic downturn pull necklines up: Struggling retailer widen options for teens,tweens to include more modest clothes. I have seen such modest clothes in Shanghai,China several weeks age. There is the common ground of young folks in USA/China during the economic crisis.
Francis Shieh a.k.a. Xie Shihao,an observer of human behavior in USA and in China since 1947 to date. March 9, 2009 at 3.40 p.m.
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