Tags » Economic Crisis

When a professor of logic isn't truthful

I am sorry to report a breach of scientific integrity in the period 1981-2014 by Johan van Benthem, professor of logic at the universities of Groningen and Amsterdam, who is retiring these days. 1,248 more words

Anatomy Of Holland

In the US since 1949 inequality has increased with each expansion, with most gains going to the 1% (2 charts)

from David Ruccio 157 more words

Upward Income Redistribution

Norman Pilon reblogged this on Taking Sides and commented:

Or, in other words, the 'system' works exactly as it was ever intended if not exactly as advertised by its apologists and ideologues. “Legitimation crisis?” Or “the sound that the penny makes when it finally drops?

When I die: Spente Le Stelle

Now that Europe is threatened by Russian invasion, Chinese take-over and head-chopping terrorism, wise people make a do-list for one’s own funeral. I hope to live for another thirty weblogging years but if this hope is cut short then the survivors should know what music to play and what wine to toast with. 252 more words

Economic Crisis

The Economic Crisis Through The Eyes Of A Child

The Second Edition of Casualties of the (Recession) Depression will be coming out late Fall – complete with new and updated socio-economic statistics, additional vignettes… 778 more words

Heatherfromthegrove

Europe's current account surplus: Europe's rebalancing is not borne by Europe

While doing some research for an upcoming article, I checked on the evolution of current account imbalances since the recession and was struck by how China and Europe have traded places. 214 more words

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Brewing turbulence in the money market : a glance

  • How safe are our hard earned money in volatile and turbulent market of today? Various scams in the recent times , say for instance ‘Saradha chit fund scam’, tremendous variations in the price of gold certainly do not paint a very positive picture in our minds. 
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Gangotri reblogged this on Aspirant Forum and commented:

  • How safe are our hard earned money in the volatile and turbulent money market of today? Well, scams like Saradha chit fund ,  fluctuating prices of Gold certainly don't draw a good picture in our minds. Do they?
  • CDS (Credit Default Swap) has rightly been called 'the financial weapon of mass destruction' by Warren Buffet. Euro Zone has been the victim of it's wrath in the recent times.
  • LIBOR scam was in the news some time back . (LIBOR is a benchmark interest rate of the world issued by top 18 bank, which decides the interbank and commercial lending rates throughout the world ). Taking advantage of it's dynamic nature, banks like Barclays, RBS were apparently manipulating this rate for their own benefits.
  • The 'Sub-Prime Crises' of 2008-09 created havoc in the economies across the globe, wherein millions of people lost their jobs, homes and everything they owned. The reason being short-shortsightedness of regulators who were hedging high rating mortgages multiple times without worrying about the consequences.
Sub-Prime Crisis - Sub-Prime Crisis (1)
  • Post the crises of 'Sub-Prime' came the 'Food Crises' due to high food prices.There were food riots in many countries that took an ugly turn. (Kenya, Somalia, Haiti, Libya to name a few).Irony is there is enough food in the world to feed everyone in this world. There isn't any shortage of food production , it is the hoardings and speculation that led the price of food items to touch the sky. It's high time we come up with a solution for this. Stringent actions against hoarders will certainly be a viable option.What do you think?
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