Bubble Economy

The last quarter century the economic model created more mistakes than miracles. It encouraged people to spend, borrow, and speculate. And each time Mr. Market made a correction, the authorities came along with...

Wall street black hole, who are the Key player's ? profiles Lehman, Merill Ly...

Robert Willumstad, chairman chief executive AIG, Quote: If AIG went down, a number of banks' balance sheets would be mullered - there would a dangerous risk to the stability of the global financial...

Company In Hell

" Its an interesting coincidence (there is no such thing as a coincidence) that Augusto Pincohet and Milton Friedman passed away less than a month apart."

More On Friedman

"Two good articles on the death of the daddy of neo-conservative economics; Milton Friedman. Relentlessly Progressive Economics and Milton Friedman and the Economics of Empire"

Milton Friedman RIP

"Milton Friedman ,the guy who worked for Pinochet to produce record breaking inflation in post-Allende Chile to prove socialism didn't work, has passed on to the great cash register in the sky."

Remember Katrina and Rita?

"Call this the silver lining story.....Katrina, Rita Actually Helped Wetlands, Study Says Well of course they did, they flooded the flood plains."

Negligence

Say it ain't so....Pledges made last year to substantially increase the volume of official development assistance, including a doubling of aid to Africa by 2010, must be met. Responding to a question after the briefing, Mr Wolfowitz named US as a major defaulter to the...

Barca mba Barzaak.

"They come ashore in boats barely alive. A perilous journey at sea. Cuban refugees welcomed by their compatriots in Flordia? No. The migration is from Africa, economic refugees from basketcase economies, landing in Fortress Europe on the shores of Spain. The situation is a...

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