28 January 2009

What would it take to accomplish a “Green Economy?”

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What would it take to accomplish a “Green Economy?” Here is a barely (but increasingly) coherent draft diatribe about sustainability that se...

Global economy grinds to a stop, according to the International Monetary Fund

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THE world economy is at a standstill, with the major developed countries in deep recession, according to leaked forecasts prepared by the In...

Woodward ~ 10 Take Aways From the Bush Years

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There's actually a lot that President-elect Barack Obama can learn from the troubled presidency of George W. Bush. Over the past eight y...

Bank Postage . . .

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Global warming 'irreversible' for next 1000 years: study

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Climate change is "largely irreversible" for the next 1,000 years even if carbon dioxide (CO2) emissions could be abruptly halted,...
27 January 2009

Marketwatch's Farrel is right ~ Satire/SF a better guide to reality

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ARROYO GRANDE, Calif. (MarketWatch) -- Six years ago, Peter Orszag, President Obama's new budget director, co-authored a Brookings Insti...

70,000 jobs axed as global financial crisis deepens ~ABC Sydney

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Companies around the world have slashed more than 70,000 jobs in a single day as the global economic slump deepens. No sector has been immun...
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UK banks were just three hours from collapse

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Britain was just three hours away from going bust last year after a secret run on the banks, one of Gordon Brown's Ministers has reveale...

Australian Economists on Bank Public Ownership

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It seems the premium the banks pay as private enterprise units comes at the cost of systemic risk..... It turns out that there is economic r...
26 January 2009

The master fraudster and his $50bn 'A-list' of victims

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http://www.learntotradefutures.com/dcforum/DCForumID27/525.html Bernard Madoff milked investors ranging from banks to celebrities to some of...

Shortage of Gold Coins hits Dubai Shopping Festival

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DUBAI: As gold prices zoomed to $900 per ounce on Friday in New York and London, buyers of the yellow metal are faced with a different kind ...

Mood of sobriety and self-recrimination at Davos ~ FT

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By Gillian Tett in London Published: January 25 2009 19:17 | Last updated: January 25 2009 19:17 In recent years, Goldman Sachs has been ren...

2009 Prospects – Trench Warfare

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2009 Prospects – Trench Warfare Posted At : January 25, 2009 9:03 AM | Posted By : Satyajit Das Related Categories: Credit Crunch 2007 There...
24 January 2009

"The banks are fucked, we're fucked, the country's fucked." UK cabinet minister

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Labour stakes its reputation on second gamble Patrick Wintour, political editor The Guardian, Monday 19 January 2009 As the Treasury last ni...
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'Black Swan Test:' big losers, right or left brains?

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ARROYO GRANDE, Calif. (MarketWatch) -- Yes, there's a test. We call it the "Black Swan Test." It can predict your chances of m...
23 January 2009

The temptation of dollar seigniorage By Kosuke Takahashi ~ Asia Times

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TOKYO - As the United States seeks to finance its ballooning budget deficits by printing more US dollar bills, Japanese economists are incre...

Redecorating the Titanic, post impact ~ Thain and exec bullshit

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Thank you John Thain! We needed a poster boy for Wall Street excess and the bank bailout, and you're it! Congratulations...... "In ...

Gold's last Tango with US dollar over~ Its going its own way

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"For the past week we have seen the strange spectacle of both Gold and DX rallying at the same time. Admittedly, we are in a holiday sh...

China overtakes India in Gold sales

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Commodity Online India has been until now, the undisputed single-largest Gold bullion consumer, with its own final demand outweighing the ne...
22 January 2009

Gordon Brown brings Britain to the edge of bankruptcy ~Telegraph

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The country stands on the precipice. We are at risk of utter humiliation, of London becoming a Reykjavik on Thames and Britain going under. ...