<t>The more important thing he said would appear to be that Chinese and EM demand will arrive and on the other side of the rainbow we'll export to China as much as they export to OECD nations. Fast big brush: Globalization is by definition "rebalancing," not of trade balances but of relative price l...

<t>An aspect always missing in these debates about speculation: How is the money being redistributed? Since speculation is a redistribution of wealth, is money going from poor to rich, from have-nots to haves? This side of the question seems to always be missing. And then, what's the overall effect ...

<t>An aspect always missing in these debates about speculation: How is the money being redistributed? Since speculation is a redistribution of wealth, is money going from poor to rich, from have-nots to haves? This side of the question seems to always be missing. And then, what's the overall effect ...

<t>-- Prestige of the city, which has economic value by encouraging trade, influence and the city/nation's "brand"-- Increased tourism -- Paris / France probably turns a nice profit on its monuments overall-- Monuments are like advertisements for a city and its commercial products-- As mentioned, so...