Archive for January, 2012

Economists weigh in on Ron Paul

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"We were told if we refused the international community’s conditions we would become the Cuba of the North. But if we had accepted, we would have become the Haiti of the North."

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Freddie Mac Betting Against Struggling Homeowners : NPR

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Consumer spending fizzles as savings rise

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Venezuelan President Hugo Chavez has warned that he could nationalise banks that were failing to comply with a legal requirement that at least 10% of their lending go to agricultural projects

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Banking Wasn’t Meant to Be Like This | Dismantling public attempts to steer banking to promote economic growth has permitted banks to turn into something nobody anticipated. Their major customers are other financial institutions, insurance and real estate – the FIRE sector, not industrial firms.

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Stimulus Vs Austerity — Hawks on both sides have it wrong, says Hill. So here’s the case for "aust-imulus". Circumstances vary but, in general, it would involve some degree of toughing it out, followed by carefully targeted stimulus

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How Big Banks are Rewriting the Rules of our Economy [video]

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A Primer on Tax Incidence Analysis (Part 1) — How taxes lower your salary and the number of widgets you can buy

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Wikirating – the latest entrant to the global credit ratings business.Dorian Credé, a math whiz from Austria, and financial guru Erwan Salembier, are apparently successful tech industry veterans bent on changing the world

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EU leaders struggle to reconcile austerity, growth

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Student loan debt now $1 Trillion in US. Anyone know what % is not govt owned?

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Keen insources their new factory. Apparently, with highly automated production, labor costs become increasing irrelevant.

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Making It in America

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The Austerity Debacle

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Stimulus and Etiquette

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The end of an era for Japan … this week marks a turning point – one of the world’s great export engines has run out of gas

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Fifteen Fatal Fallacies of Financial Fundamentalism by Nobel laureate William Vickrey

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"Britain, in particular, was supposed to be a showcase for ‘expansionary austerity,’ the notion that instead of increasing government spending to fight recessions, you should slash spending instead — and that this would lead to faster economic growth. "

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The Innovation Nation vs. the Welfare/Warfare State

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