As I’ve been watching (ever the innocent bystander) the credit market flail, articles such as this one in Forbes are fascinating. Sadly, the more of these that I read, the more my ignorance on things economic becomes obvious. I’ve been wondering for sometime the mechanics of the markets, and the ways that government can influence. There are quite a few variables, whether considering the Fed, Treasury, IMF (though not a US governmental institution, still profoundly affected by US policy), and on and on, which are directly related to governmental influence. However, the huge array of actors within The Market can make one’s head spin. Besides the US, which has a huge impact on the global market, consider the effects of regional organizations (APEC, OPEC, blah blah) and other governments (Europe, China). And international events and actions ripple through the ever more tightly connected marketplace, affecting the economies of other nations in ways that were unfathomable simply 10 years ago. At some point I’m going to work at wrapping my brain around such.
Economics
