Daily Archives: September 20, 2012

Wall Street shrinking workforce and reducing compensation

These are all steps needed in order to cut back the excess of finance and move the banking harpies back into the box supporting, rather than dominating and imploding, the real economy. William Cohan, author of “Money and Power: How … Continue reading

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Reverse-globalization: recycling spending in local economies

In the new post-credit bust era, there is less money to go around. Where capital flows, will dictate which businesses and communities thrive and which falter. This new wave of “protectionism” will mean lower global trade, but a focus on … Continue reading

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More on China and risk in commodities

“I wouldn’t trust any company’s accounts in China,” says James Chanos, Kynikos Associates president & founder, explaining why he is short Chinese companies, despite GDP growth. Here is a direct link.

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