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Friday, November 14, 2014
China – Russia Eurasian Trade Bloc Undermines Obama’s “Neocon Agenda”: Prof. Michael Hudson
The APEC meetings. In most such meetings for the last few years, including the G20 meetings (coming up in Brisbane this weekend) nothing really has been done. The United States is attending as the odd man out.
At issue are two different views of how economies should evolve. China is moving for its own trading bloc instead of being in a privatized pro-corporate bloc, it’s a mixed economy. So what you have is the Chinese economy growing very rapidly, and the American economy that’s been going flat.