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Monthly Archives: March 2013
PBS American Experience: The crash of 1929
The unbounded optimism of the Jazz Age and the shocking consequences when reality finally hit on October 29th, ultimately leading to the Great Depression. Here is a direct link. Famous last words: “You couldn’t go wrong investing in American stocks”…sound … Continue reading
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Clock ticking for Cyprus
CNBC’s Michelle Caruso-Cabrera reports the ECB has upped the stakes for emergency funding. Meanwhile, ongoing talks are taking place between Cypriot and Russian finance ministers, reports CNBC’s Steve Sedgwick. Here is a direct link.
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Britain: model of sacrificing real economy to exhonerate insolvent bankers
Ed Balls, shadow chancellor, Labour Party, says the UK economy has flatlined and the budget should have gone further on housing and infrastructure investment. Britain has so far chosen to hold its finance sector harmless at the expense of everything … Continue reading
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