Blogs Posts on "Economic Crisis"

Peter DeFazio Tim Geithner: Michael Burgess Tim Geithner: Kevin Brady Tim Geithner: by Maggie's Notebook on Nov 21, 2009Democrat Congressman Peter DeFazio (Oregon) told MSNBC that America needs a new economic team. Even Chuck Schumer says "the world economy is at stake"  Congressmen Kevin Brady (R-TX), Sam Brownback (R-KS), and Michael Burgess (R-TX) actually spo...

The End of History and the Future of Regulation by The Third Estate on Nov 20, 2009Guest post by Carl Packman In my opinion, that famous neo-Hegelian thinker Francis Fukuyama – the man responsible for the predication in the late eighties/early nineties that at the fall of the Berlin Wall, the end-of-history had loomed upon us, an...

30 Years Mortgage Interest Rate Prediction? by Mortgage Interest Rates on Nov 18, 2009Looking for an expert in the market that thinks where the 30 yrs. mortage rate trend is for the next few months. I’m looking to lock a rate for refinance but don’t know what the rates trends will be a month from now. thanks Related Blogs...

Zimbabwean economy stabilizing by Global Crisis News on Nov 16, 2009The occupancy of Zimbabwean hotels has almost doubled in the last year which shows that tourists are returning to the south-African nation as its economic and political condition has begun to stabilize. According to the Zimbabwe Council of Tourism p...

Ratings Agencies Reconsidered by Rhymes With Clown on Nov 9, 2009Among the storylines that seem widely accepted surrounding the financial crisis is one concerning the ratings agencies. These are the businesses that evaluate and assign grades to securites (e.g. AAA, AA, etc.).The standard narrative goes something...

Charles Krauthammer Election Myths Ridiculous: Henry Paulson Timothy Geithner Election Crisis by Maggie's Notebook on Nov 7, 2009Charles Krauthammer, writing for the Washington Post, takes a look at the November 2008 presidential election and says "...it was all ridiculous from the beginning. The '08 election was a historical anomaly." Then a theory about Henry Paulson and Tim...

Dollar Will be Utterly Destroyed: Global Currency, New World Order by MyInfo4U on Nov 7, 2009The dollar will get “utterly destroyed” and become “virtually worthless”, said Damon Vickers, chief investment officer of Nine Points Capital Partners. Due to the huge wage disparities between the United States and emerging markets like China...

Unemployment rate hits 10.2% in October by MyInfo4U on Nov 6, 2009The U.S. unemployment rate climbed to 10.2% in October, topping the 10% mark for the first time in 26 years, the Labor Department reported Friday.Nonfarm payrolls dropped by 190,000 in October, bringing to total number of jobs lost in the recession t...

The Role of Gold in the World Monetary System by MyInfo4U on Nov 5, 2009“It is significant to note that the IMF intends to sell 403 tonnes of gold and it is a no-brainer to venture a guess as to who will be the main buyer. China is desperate to unload its US toilet papers for gold and it has to be done carefully, as su...

[Video & Text] Gold Spells Trouble for Greenback: Charts by MyInfo4U on Nov 5, 2009The value of gold and silver are on the rise, but this spells trouble for the declining dollar index which could push as low as 66 points, according to Chris Zwermann, strategist from Zwermann Financial.Gold made new highs Wednesday and “looks like...