Tags » Financial Crisis
From David Sirota over at Pando.com in an article titled: For Economic Stimulus, Pensions Beat Stadiums and Server Farms.
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There , as if proudly advertising its reverse-Robin Hood class war, …
Source: Bloomberg – First China Default Seen as Record $427 Billion Debt Due
Chinese company debt twice the size of Ireland’s economy will come due in 2014… 1,081 more words
We can squarely blame humans for the 2007/08 financial crisis, be they bankers, politicians or regulators. Who will we blame for the next crisis? Already around 70% of the trading decisions on US stock exchanges are made by computers not by humans. 441 more words