Marklar's Blog Posts Tagged 'economy' (33)

The Earth Imperative

www.landreform.org

by Lindy Davies

Human civilization finds itself at a terrifying crossroads. The list of dangers is appallingly long. Would it make things a little less scary to group our challenges into main categories?

3) Environmental Crisis (including the ideas of "overpopulation and necessary "limits to growth")

2) Economic Stagnation (a chronic problem that takes many forms, including recessions, arrested… Continue

Added by Marklar on June 18, 2009 at 11:07pm — No Comments

The Crash of '09, The Collapse of '10

By Humayun Gauhar

April 07, 2009 "The Nation" --- Many American analysts are saying that America's real economic collapse could come by the end of this year. "It will come to be known as 'The Crash of 09', they say. Others, especially a… Continue

Added by Marklar on April 8, 2009 at 8:00pm — No Comments

IMF to print billions of dollars in free global super-money.

IMF poised to print billions of dollars in 'global quantitative easing'

The International Monetary Fund is poised to embark on what analysts have described as "global quantitative easing" by printing billions of dollars worth of a global "super-currency" in an unprecedented new effort to address the economic crisis.…

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Added by Marklar on March 22, 2009 at 5:30pm — No Comments

A Lesson to be Learnt

Dissident Voice

by John Andrews / March 21st, 2009

Politicians are well known liars; so well known that it hardly needs pointing out. Whether they are lying about spying on political rivals (Nixon), closing down coal mines (Thatcher), women they’ve had sex with (Clinton), or mythical weapons of mass destruction (Blair/Bush), lying and politicians go… Continue

Added by Marklar on March 21, 2009 at 6:30pm — No Comments

Contracts Can’t Be Broken—Unless They Involve Union Workers

AFL-CIO Blog

by Tula Connell, Mar 18, 2009

Contracts can’t be broken. We learned that lesson well over the past few days when AIG honchos swore that despite being bailed out by $173 billion in taxpayer funds, they couldn’t break the sacrosanct contractual bond that guaranteed billions in bonuses to the same top executives who… Continue

Added by Marklar on March 18, 2009 at 9:27pm — No Comments

The US Economy: Designed to Fail

Dissident Voice

by Richard C. Cook / February 26th, 2009

President Barack Obama showed a great deal of gumption in standing before Congress last night delivering his first speech to the joint assembly. All the trappings of power were on display as members of the House and Senate, the Supreme Court, the Joint Chiefs, the Cabinet, and… Continue

Added by Marklar on February 26, 2009 at 7:30pm — No Comments

I.O.U.S.A.

Information Clearing House

02/25/2009

Wake up, America! We're on the brink of a financial meltdown.

I.O.U.S.A. boldly examines the rapidly growing national debt and its consequences for the United States and its citizens. Burdened with an ever-expanding government and military, increased international competition, overextended entitlement programs, and debts to foreign countries… Continue

Added by Marklar on February 26, 2009 at 1:10am — No Comments

How Can U.S. Recover Without Manufacturing Capacity?

"You can't put people to work in American factories that don't exist."

By Glen Ford

February 25, 2009 "Black Agenda Report" - - The strength of the federal economic stimulus package is seriously diluted by the fact that many of the manufactured goods that will be purchased for the attempted recovery must be imported from outside the United States. America simply doesn't make lots of things, anymore. That means many billions… Continue

Added by Marklar on February 25, 2009 at 8:00pm — 1 Comment

Doomed by the Myths of Free Trade

Febuary 24th, 2009

Counterpunch

How the Economy was Lost

By PAUL CRAIG ROBERTS

The American economy has gone away. It is not coming back until free trade myths are buried six feet under.

America’s 20th century economic success was based on two things. Free trade was not one of them. America’s economic success was based on protectionism, which… Continue

Added by Marklar on February 24, 2009 at 10:30pm — 2 Comments

Violent unrest rocks China as crisis hits

The collapse of the export trade has left millions without work and set off a wave of social instability.

China's new year of the ox portends calm but there is little sign of it as workers in Shezhen protest over unpaid wages as factories shut

China's new year of the ox portends calm but there is little sign of it as workers in Shezhen protest over unpaid wages as factories shut

Michael Sheridan in Hong… Continue

Added by Marklar on February 3, 2009 at 4:30pm — No Comments

Zimbabwe's central bank will introduce a $50 billion note -- enough to buy just two loaves of bread.

HARARE, Zimbabwe (CNN -- As a way of fighting cash shortages amid spiraling inflation.

Zimbabwe's dollar is virtually worthless, with foreign currency now being used to purchase basic items.

The country's acting finance minister, Patrick Chinamasa, made the announcement in a government gazette released Saturday.

Although Chinamasa did not give the date on which the $50 billion and new $20 billion notes would come into… Continue

Added by Marklar on January 14, 2009 at 10:00am — 1 Comment

Financial Theorem

Engineers, Teachers, Programmers and Scientists can never earn as much salary as business executives and sales people.

This theorem can now be supported by a mathematical equation based on the following three postulates:

Postulate 1: Knowledge is Power (Knowledge=Power)

Postulate 2: Time is Money (Time=Money)

Postulate 3 (as every Physics student knows):

Power =… Continue

Added by Marklar on January 2, 2009 at 8:00pm — 3 Comments