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Daily Archives: May 30, 2013
Capital-evaporating risk anyone?
One of the things that frequently stands out is the willful blindness and intellectual dishonesty of many investment gurus. Risk-sellers and perpetual equity bulls love to describe bonds as “ridiculous”, “return-free risk”, an investment for “suckers”. Meanwhile most global stock … Continue reading
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Barofsky: “Big banks still write the rules”
Special Inspector General of the Treasury’s TARP bank bailouts, Neil Barofksy, explains why banks are still calling the shots in public policy. Here is a direct video link.
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ILO: global joblessness to hit 200 million in 2013
The International Labor Organization (ILO) warns that global unemployment will exceed 200 million this year and is particularly acute among the world’s youth: “declarations of intent to tackle the problem will mean nothing without action”. Here is a direct video … Continue reading
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