Daily Archives: March 19, 2014

The legacy of departing Cdn Finance Minister Flaherty

Flaherty has been typical of global financial policy makers over the past 8 years: add debt and stir, then exit back to the private sector to sell your insider knowledge. I will always remember Mr. Flaherty for his cheerful announcement … Continue reading

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60 Minutes: The Data Brokers

Steve Kroft investigates the multibillion dollar industry that collects, analyzes and sells the personal information of millions of Americans with virtually no oversight. Here is a direct video link.

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China defaults to continue weakening global demand

Jim Walker, managing director and founder at researcher Asianomics Ltd. in Hong Kong, talks about China’s economy and government policies. Walker also talks about Germany, Japan and India’s economies.Here is a direct video link.

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JP Morgan to exit commodity hoarding business

Confirmation today that JPM is selling its physical commodity business ending the bank’s five-year foray into owning and storing raw materials. See this December CBC report for a reminder of what fraudulent antics the big banks have been up to … Continue reading

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