New York -- The global economic crisis has finally caught up with Wall Street insiders who triggered it. They are discovering that their traditional year-end compensation is lowering the balance on their bank...
The failure of Keynesian economics can be traced to a single error. GDP is seen as the singular measure of economic strength and well-being, which it is not. GDP measures consumption; and it's no secret that consumption can be made to rise through all sorts of unsound and...
FOR IMMEDIATE RELEASE WINDHOEK, Namibia – October 1, 2011 -- /GPG/ -- Groot Property Group (Pty) Ltd is developing a new township namely, Groot, an upscale multifarious community to be comprised of more than 2,100 commercial retails with light and heavy industrial parks and...
created by usakos | 18 wks ago 44 views | 2 recommendations | 1 comment
By Sam Vaknin Author of "Malignant Self-love: Narcissism Revisited" The recent implosion of the global equity markets - from Hong Kong to New York - engendered yet another round of the semipternal debate: should central banks contemplate abrupt adjustments in the prices of...
By Sam Vaknin Author of "Malignant Self-love: Narcissism Revisited" Claud Cockburn, writing for the "Times of London" from New-York, described the irrational exuberance that gripped the nation just prior to the Great Depression. As Europe wallowed in post-war malaise,...
"Washington has started getting ready for a possible government shutdown.Behind the scenes, federal agencies are working on their plans for shutting down operations and deciding how many workers they need to...
http://open.salon.com/blog/kent_pitman/2010/11/09/real_patriots_dont_whine_about_paying_taxes"As Rachel Maddow pointed out Monday, the very first issue the Republicans seem to have planned will be tax cuts for the rich—which will add $700 billion to the deficit over the...
Obama policy of reverse engineering the change aganda is backfiring, atleast in eastern part of the world. Well he must have some deep insight regarding the business model, but sorry Mr Obama you are on wrong track this time, here the reverse engineering will not work. ...
created by Amitjha | 2 years ago 346 views | 14 recommendations | 3 comments
"The Dow jumped 144.8 points, or 1.5 percent, to 10,015.86 at 4:08 p.m. in New York. The Standard & Poor’s 500 Index increased 1.8 percent to a one-year high of 1,092.02, with financial and technology...
Bloomberg reports: "Shares of AIG jumped 21% on Thursday after new CEO Robert Benmosche said he expects to repay government bailout money." Also check out the historical returns S&P 500 Benmosche, who is originally from Croatia, hopes that AIG will be able to repay all...
created by bambr | 2 years ago | updated 1 year ago 118 views | 0 recommendations | 1 comment
The Korean Central News Agency reports that North Korea has successfully staged an underground nuclear test. Earlier, South Korea's Yonhap News Agency has alerted the world to allegations that North Korea might have conducted a nuclear test. South Korea's and the US...
created by Yuliya Talmazan | 2 years ago | updated 2 years ago 92 views | 16 recommendations | 2 comments
The European Union introduced new rules to help restore stocks of endangered bluefin tuna in the Atlantic and Mediterranean, meaning there will be significant cuts to fishing quotas by 2011 and the time fishermen...
created by Amy Judd | 2 years ago | updated 2 years ago 391 views | 10 recommendations | 2 comments
" Art for alternative asset's sake FORGET any romantic notion of artists happily starving in a draughty garret as they pursue their vocation. The latest generation are proving hard-headed about the commercial side of their business. Consider this missive from "Scotland's...
created by dark_artist | 2 years ago | updated 2 years ago 148 views | 0 recommendations | 1 comment
" Tony Tan, a Singapore-based astrologer, is urging investors heading into the ‘Year of the Ox’ to emulate the beast that lends its name to the lunar new year -- be patient and deliberate. Concerns about...
created by con10t | 3 years ago | updated 3 years ago 115 views | 5 recommendations | 1 comment
Today equity markets fell sharply on concern over a weakening economy. Gallup indicates that consumers intend to spend 29% less on gifts this year. To make matters worse for retailers, there are five...
created by Fatbroker | 3 years ago | updated 3 years ago 134 views | 0 recommendations | 0 comments