It’s becoming clear that the Fed is becoming increasingly concerned about public perception. [ A PR nightmare – is what eventually happens to you when you’ve been fisting half a planet for much of the last century and then people suddenly start finding out all about it. ] Article [youtube]uNNeVu8wUak[/youtube]
Poverty
Infographics on the distribution of wealth in America, highlighting both the inequality and the difference between our perception of inequality and the actual numbers. The reality is often not what we think it is. [youtube]QPKKQnijnsM[/youtube] Article
Explosive revelations from a former Greek diplomat here
You may have heard about Iceland’s toppling economy back in 2008. As one of the hardest-hit countries at the time, Iceland’s heavily criticized method to escape veritable economic demise actually did the trick. Read the rest here
Elizabeth Warren discusses how the dreams of the middle class american family are being depleted by the dramatic increase in bankruptcies and foreclosures. Warren discusses the role that credit card companies and ballooning interests rates have played in rapidly increasing mortgage rates as well as the how the over consumption […]
Covington & Burling’s Lanny Breuer sees no reason for HSBC jail time. [ … so neither should you ] Article
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