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thinkahol *

Web of Debt - TURNING THE TABLES ON WALL STREET: NORTH DAKOTA SHOWS CASH-STARVED STATES... - 0 views

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    Forty-six of fifty states are now reported to be so insolvent that they could be filing Chapter 9 bankruptcy proceedings within the next two years.1 Of the four that are not in that category, one is the isolated farming state of North Dakota. What does it have that other states don't? The answer seems to be: its own bank. In fact, North Dakota has the only state-owned bank in the nation. It has avoided the credit freeze caused by the derivative schemes of the Wall Street bankers by creating its own credit, leading the nation in establishing state economic sovereignty.

thinkahol *

Tax havens' arguments in their defence - and why they are wrong | Treasure Islands: Tax... - 0 views

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    Treasure Islands is highly critical of the offshore system and will inevitably be attacked by users and supporters of tax havens. I tackle some of the commonest myths about tax havens in Chapter 10, but this is a wide-ranging area and there wasn't nearly enough space to do justice to the array of is…
thinkahol *

RSA - 23 Things They Don't Tell You About Capitalism - 0 views

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    Development economics expert Ha-Joon Chang visits the RSA to dispel the myths and prejudices that have come to dominate our understanding of how the world works.
thinkahol *

PM Press - And They Call This a Recovery? - 0 views

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    The strut of confidence is gone and the jitters are back. A flurry of dreadful statistics at the end of April made sure of that.
thinkahol *

Insider Trading: 'Steal A Lot, They Make You King' - 0 views

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    It feels perversely quaint that the national conversation is momentarily focused on the likelihood of insider trading cases dropping on a hive of nefarious and presumably well-connected individuals -- huge cases, we are told via breathless leaks from the federal cops on the beat, cases worth -- are you sitting down? -- tens of millions of dollars. With numbers like these, one can only imagine what's up next -- a crackdown on employees who brazenly pilfered office supplies from their jobs at publicly bailed-out institutions like Bank of America, perhaps?

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