The New Shopping Superpower

As the U.S. has discovered, a vibrant domestic market isn't enough to sustain growth.

There is no such thing as free market. This will only lead to cheating and speculation. It has to be controlled and regulated. Profts should be in real earnings and tangible revenues, not on currency tradings and speculation of the shares.The optimum liabilities of Insurance companies must be put in place so that they can really make the payouts. If all governments in the world had been monitoring and regulating the market, the current economic debacle could be prevented. But greed is one of human weakness which cannot be controlled.

It is quite interesting and refreshing to read some independent analysis from an expert with no emotional baggage, unlike the clapped-up so-called expert like Melinda Liu. This expert could be only 70% right but at least his argument is cogent without the usual peppering of emotional claptrap and falsehood.Mr O'Neil, I salute you. The bleeding obvious is 8% growth of a 3.5 trillions economy is at least an increase of 280billion of GDP growth and a negative growth of .a 14 trillions economy is negative. If this is not decoupling then pig might fly!

Hope you are enjoying your subsidized life, Mr. O'Neil.

Goldman failed in its business, and its alums failed in government. Melt it down.