Tags » Wall Street

The Economic Crisis: How Did We Get Here?

The roots of the current crisis go some way back. After the 9/11 attack in New York, instability and fear pervaded financial markets. In order to steer the US and world economy out of a tight corner there was a reduction in interest rates and loosening of credit, encouraging people to borrow to sustain demand. 1,852 more words

The U.S. economy on life support

The Federal Reserve Board will soon decide once again whether to continue to hold down interest rates or to allow them to rise.

The board is in more or less the same position as a physician trying to decide whether to remove life support a patient who is in intensive care. 476 more words

Economy And Business


New song!! It is dedicated to two groups I find distasteful; the latter is more heinous


Straight Outta Goldmans

In case you haven’t seen it yet, this week’s blog post is a reference to “Straight Outta Compton”, a movie that chronicles the story of 90s rap group NWA. 904 more words

Blog Post

Wall Street Parasites Have Devoured Their Hosts - Your Retirement Plan and the U.S. Economy

Michael Hudson’s New Book: Wall Street Parasites Have Devoured Their Hosts — Your Retirement Plan and the U.S.


Wall Street Ditutup Naik Tipis, Sentimen Positif Dari ECB Dipudarkan Harapan Akan Non Farm Payroll

Bursa saham Amerika ditutup menguat tipis, indeks Standard & Poor 500 naik 0,12 persen menjadi 1,951.13 pada 04:03 di New York, setelah sebelumnya naik sebanyak 1,3 persen. 174 more words


Harga Minyak Mentah Menguat Mantap Iringi Kinerja Bursa Saham

Pada akhir perdagangannya Jumat dini hari tadi harga minyak mentah mengalami peningkatan yang cukup signifikan setelah sempat melejit lebih dari 4 persen pada sesi perdagangan malam tadi (4/9). 255 more words