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‘Reverse Bonus Checks’ Drain Wall Street Bank Accounts
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... Keynesian Economics, GDP and Debt
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... Groot Property Group Authorizes to Issue 10 Million Shares
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... The Bursting Asset Bubbles
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... Wall Street, October 1929
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,... Government Shutdown: Washington gets ready
"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... Real patriots don't whine about paying taxes
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's outsourcing-speak rattles IT stocks
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. ... NY Stock Exchange hits 10,000, Highest in a Year
"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... AIG shares bounces with their new CEO
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... North Korea Alleged To Have Conducted A Nuclear Test
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
92 views | 16 recommendations | 2 comments
European Union tightens up on bluefin tuna fishing rules
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... Art for Alternative Asset's Sake
" 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... Chinese Year of the Ox Ploughs into Asian Stocks
" 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... Market Update December 1, 2008
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...NowPublic on Facebook
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