Good, safe investment these banks, eh? The blue circle represents market capitalization of banks in Q2 2007; the little green peas are the same banks’…
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Good, safe investment these banks, eh? The blue circle represents market capitalization of banks in Q2 2007; the little green peas are the same banks’…
Canada’s feisty copyright lawyer, Howard Knopf, explores how good intellectual policy could help Canada thru the economic mess: Most governments are now taking decisive steps…
Remember when you thought $700 Billion was a lot of money for the US government to chip in to the economy? Now multiply by 10.…
What happens if (or, rather, when) China decides to stop financing US debt to create export demand for its manufactured goods, and instead starts to…
Peter Schiff gets it right in 2006/07 about the US economy, and gets howled off the stage by the other “experts.” What’s funny is how…
One part of the recent economic picture has been the too-cheap credit that has kept us all feeling really rich for the past decade. In…
How did we end up in this mess of an economic meltdown? The answer is pretty simple: too much cheap credit, and no regulation of…
From the BBC: Germany’s finance ministry has agreed a 50bn euro ($70bn; £40bn) plan to save one of the country’s biggest banks. [more…]
Washington Post reports, the Director of the Congressional Budget Office warns that the bailout could cause things to get worse. Why? Because it might expose…
From Harvard professor of economics and former IMF chief economist, Kenneth Rogoff, in the Financial Times: Were the financial crisis to end today, the costs…