Who shall save the global economy?

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Who is the saviour?

Eventhough the americans at the fall of Fanny and Freddy Mac was judged out as a great player in the global economy, there is in my mind no doubt that the comming american government lead by President Obama will be able to work wonders for the global economy.

Larry Summer in charge of the finances?

Many have speculated that Obama will pich Larry Summer to be in charge of the american economy. He became professor at Harvard at the age of 28 and was Secretary of the Treasury during Clintons presidency. The becoming Secretary of Treasury or not, he has some important views on how to rescur the american and thereby perhaps the american economy.

What to do?

Summers agree that the pasts months cash injection to the financial sector was neccesary as there still is a lot og mistrust between banks. According to him the real problem for the american economy is, that the growth in the production has stopped.

Want to look into energy resources

Sumemrs believe that the first thing to do is to invest in a more sustainable energy source and create an infrastructor that seceures a more effective use of energy resources.

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december 26th, 2008 at 11:26 am