"Although a recession in the developed world is now more or less inevitable, China, India and some of the oil-producing countries are in a very strong countertrend. So the current financial crisis is less likely to cause a global recession than a radical realignment of the global economy, with a relative decline of the US and the rise of China and other developing countries. The danger is that the resulting political tensions, including US protectionism, may disrupt the global economy and plunge the world into recession or worse."

George Soros Financial Times December 15, 2008

Alliance For Economic Stability

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About Alliance For Economic Stability, Inc.

Alliance for Economic Stability is a non-partisan economic policy organization.  The purpose of the AES is to encourage policies that protect savings and investments, and promote a fair financial marketplace. 

AES' founding principle is that people must be vigilant about that management of their nation's financial regulatory system, and its fiscal and monetary policies.  These systems profoundly affect people's daily lives and their futures.  Yet they are made unnecessarily arcane and ineffective by conflicted special interests.   Thus it is important for people to become as involved with their government's economic policies and financial regulatory affairs as they are in matters of education, family values, health and other social issues.

AES works with government to foster an understanding that the safety of people's savings and fair allocation of capital are the mainstays of a free and well-functioning society. 

AES believes that without citizen oversight financial and economic regulatory systems meant to protect the economy become servants of those they are suppose to regulate. AES works to protect property rights by raising awareness of the benefits of sound fiscal policy and the cost of allowing capital dislocation, which when combined with captive regulation leads to excessive speculation that is often referred to as bubbles.  AES believes governments best serve people by allowing free enterprise to produce economically viable jobs and services, and that this assures fair and productive growth in the 21st-century global economy.

 

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