Tags » Financial Crisis

'Special Shopping Day' Overload

Link: http://www.marketplace.org/topics/economy/special-shopping-day-overload

Summary: The number of shoppers on Black Friday was down this year (2014). Because of the ease in comparing prices online to find the best deal, Black Friday (and the whole weekend) has become a ritual team effort of mothers, daughters, and other relatives. 36 more words


Greece, debt default and 'moral hazard'

A few very quick words on this, as I have had this conversation many times and it seems sensible to pin it down. Do not expect subtlety – this isn’t an essay. 289 more words


Markets are not panicking over Greece exiting the Eurozone. Here's why

In his wonderful book How to Speak Money John Lanchester defines Grexit as the hypothetical exit of Greece from the Eurozone. Eurozone is a term used referring to countries which use euro as their currency. 1,384 more words


In the long term, will “easy money” come from China as well?

Vivek Kaul

The Chinese economic growth for 2014 was at 7.4%, a tad lower than the official target of 7.5%. This is the slowest rate that the country has grown at in 24 years. 1,218 more words


Greece shows what can happen when the young revolt against corrupt elites

Paul Mason writes for The Guardian:

‘[…] The fact that a party with a “central committee” even got close to power has nothing to do with a sudden swing to Marxism in the Greek psyche. 205 more words

Financial Crisis

Greece's New Finance Minister: "We Are Going To Destroy The Greek Oligarchy System"

Zero Hedge reports:

Over two years ago, we first highlighted Yanis Varoufakis’ perspectives on the destruction of Greece and Europe’s bogus growth pacts. Since then he has grown in both reason and popularity as his no-nonsense discussons of the mis-design of the euro (and potential solutions) have made him the front-runner to be Syriza’s new finance minister. 117 more words

Financial Crisis