The global economy

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Did you know that it was the United Kingdom and the United States which gave birth to the various economic ideas and the financial practices that had led to the global economic crisis? Well, this fact! Researchers have underlined that 5 whole years into crisis have led workers in both countries towards paying the terrible price of losing jobs and incomes! The lesson retained by many throughout this crisis is that working people can hardly prosper within a financialised economy. Indeed, the wealth monitored and controlled by the deregulated financial markets and credit bubbles is a dangerous illusion. However, latest reports have stated that the United Kingdom's economy is going to rebound in 2013. The ITEM Club from Great Britain have forecasted that the British economic growth is going to reach 1.2% in 2012; 2.4% in 2014. Definitely, the growth is going to be slow...