By PAUL CRAIG ROBERTS Source: https://www.counterpunch.com/roberts06032009.html Economic news remains focused on banks and housing, while the threat mounts to the US dollar from massive federal budget deficits in fiscal years 2009 and 2010. Earlier this year the dollar’s exchange value rose against currencies, such as the euro. UK pound, and […]
Economics
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https://axisoflogic.com/artman/publish/Article_55696.shtml By Jim Miles, Guest Writer. Axis of Logic Axis of Logic Wednesday, May 6, 2009 Scientific American has at times been very harsh on economists1 and as one would expect it does well with its articles on science, many of which I understand to a certain degree and others […]
NZHerald 4:00AM Friday May 01, 2009 By Fran O’Sullivan Prime Minister John Key has revealed China’s US$200 billion ($349 billion) sovereign-wealth fund has signalled its interest in a stake in NZ dairy giant Fonterra if it changes its capital structure. China Investment Corp chief executive Lou Jiwei made the fund’s […]
TheAge.com.au May 1, 2009 – 3:40PM The Australian and New Zealand dollars are the ”most exposed” among major currencies to declines because of the global swine flu outbreak, Barclays Capital said. The World Health Organization may soon declare the first influenza pandemic since the 1968 outbreak that killed 1 million […]
Described as a MUST HEAR, Guns & Butter Interviews financial economist and historian, Dr. Michael Hudson. “The Financial Barbarians at the Gate” with financial economist and historian, Dr. Michael Hudson. Europe; worsening financial situation and indebtedness; the history of banking and the criminalization of the banking system; tax policy; real […]
4:00AM Friday Apr 24, 2009 Anne Gibson The amount of empty floor space in Auckland is expected to rise. Photo / Supplied Colliers Report Double-digit vacancy rates are being forecast for Auckland offices. Alan McMahon, research and consulting director of Colliers International, has today issued a report saying vacancies were […]
Bussinessinsider.com John Carney|Apr. 21, 2009, 10:29 AM House prices will eventually stop falling, probably in about two years. But will they ever recover to the levels we saw during the heights of boom? In some areas, prices might climb that high again. But for most markets, such a recovery will […]
Store food now folks and plant a vegetable garden. From NZHerald.co.nz Apr 23, 2009 WASHINGTON – The global economy is likely to shrink this year for the first time since World War II. The International Monetary Fund projected the 1.3 per cent drop in a dour forecast released overnight. That […]
Former Presidential candidate gives most dire warning yet about Obama agenda. Paul Joseph Watson Prison Planet.com Tuesday, April 21, 2009 Former presidential candidate Alan Keyes has given perhaps his most dire warning yet, saying that the Obama administration is preparing to stage terror attacks, declare martial law and cancel the […]