Monthly Archives: March 2014

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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Solution to misaligned executive compensation: bonus ’em in bonds

Another day, another story of outrageous compensation being bonused out to bankers. See: Barlcays Bosses get $53.2 million in shares. “Barclays PLC on Tuesday said it gave £32 million ($53.2 million) in shares to a dozen of its top executives, … Continue reading

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