Technological Advances and the Great Recession

A big deal of fixes has being tried and many have failed until now in order to restore the global economy to its previous growth, or at least to prevent further downslide. Nevertheless, few people stop to wonder and figure out what may be the causes of the current mess the global economy is facing. [...]

Brazil, capitalism managed by Marxists: a history of success

Obama should have spent more time with that illiterate politician in order to learn how to do little and seem to do too much at the same time. Brazil is a salvage capitalist country governed by Marxists in democratic outfits. China is a communist country governed by technocrats formed in the best schools in the Capitalist West and both countries share in common a terrific economic growth, corruption, social unfairness and divisions, crisis become a foreign concept in both lands. Meanwhile, in the USA an intellectual president (but a bad politician)and a highly self-confident educated class lost 11/02/2010 elections to the corrupted Republicans and Europe is held hostage of economical paralysis although it is governed by a highly illustrated capitalist elite. What is wrong with this big picture?