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John Yu
- NAIRU - Economic Paradox
by John Yu
- You are poor. You don't have enough to eat. You don't have a place to live
nor clothes to keep you warm. Neither do those around you. It is a time of
great need in your country. Your economy is failing. You wonder what it is
you should do. Suddenly an economist from the IMF shows up.
- Capital Flight - What to
do
- You have just overthrown the government, your far left party has just won a landslide election, or your vast coalition of civic, labor,
and religious institutions have simply decided to come together and ignore the existing government. Capitalists are fleeing your
country in their private jets. Investors have pulled out all their money. Foreign banks run by capitalists suddenly decide they are no
longer willing to make any loans to your "rogue" nation. The former dictator has packed up all his suitcases full of gold, jewels, and
cash from your national treasury, and is now nowhere to be found.


last updated: February 6, 2006
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