A New World Order Is Here, and It Looks a Lot Like Mercantilism
Bloomberg reports that the chaotic politics of the last 16 years masked the steady development of a new economic order.
“The crisis was not a failure of the free-market system,” declared George W. Bush in November 2008. “And the answer is not to try to reinvent that system. It is to fix the problems we face, make the reforms we need and move forward with the free markets principles that have delivered prosperity and hope to people across the world.”... ...
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