All honors students seeking honors credit in SIS/GEOG 123 should participate in this blog. The idea is that you use it to research, review and write reports examining the global connections and consequences of the contemporary financial crisis. In short, the blog should enable you to tell the global back stories to the front story of the collapsing US stock market and buy-outs and shut-downs of some of America's biggest banks. These global back-stories are many. They range from the long term development of dollar dominance and related global financial imbalances that are a legacy of Bretton Woods, to the short term contagion effects involved in emerging market asset devaluation and the fast expanding spreads of LIBOR and other interbank borrowing rates over US treasuries. This blog provides all honors students the chance to start exploring these global ramifications and sharing their discoveries with each other over the course of the Fall quarter, 2008. There will be 2 main phases of research and writing involved.
