Skip to main content

Home/ Financial Crisis and Geopolitics/ Group items tagged seeing

Rss Feed Group items tagged

Giorgio Bertini

'Tehran Is Succeeding in Duping the West' - 0 views

  •  
    On Monday, Brazil and Turkey brokered a deal with Iran that would see it trading enriched uranium for nuclear fuel. Observers in Germany see a diplomatic coup for the rising powers, but warn that it could just be another ploy on the part of Iran.
Giorgio Bertini

A worldwide financial crisis couldn't happen again. Could it? - 0 views

  •  
    Optimists see economies shaking off recession and corporate results improving. But pessimists see a growing debt crisis and a new slump that the world would be powerless to halt
thinkahol *

Messages from the Occupy Wall Street Protest - YouTube - 0 views

  •  
    Occupy Wall Street: The Beginning Joe Rogan on Occupy Wallstreet:http://www.youtube.com/watch?v=DjMcDXGkR8I Network -- Corporate Cosmology:http://www.youtube.com/watch?v=BqEcLlp_Big THE CORPORATION [1/23] What is a Corporation?:http://www.youtube.com/watch?v=Pin8fbdGV9Y What CNN doesn't want you see ever again:http://www.youtube.com/watch?v=E_2aTzC_4kY Poll: Americans Distrust Governmenthttp://www.youtube.com/watch?v=ylEEnEp0Lbg Elizabeth Warren: Death of the Middle Classhttp://www.youtube.com/watch?v=PBf70qX1sBw Dylan Ratigan (rightfully) loses it on air:http://www.youtube.com/watch?v=gIcqb9hHQ3E GREEN WAR:http://www.youtube.com/watch?v=BQ864ucbR_4 Network - Mad as hellhttp://www.youtube.com/watch?v=90ELleCQvew In the House, In a Heartbeat - John Murphy:http://www.youtube.com/watch?v=ST2H8FWDvEACategory:News & Politics
thinkahol *

Russia is seeing an emigration exodus - latimes.com - 0 views

  •  
    Some chafe at life under Vladimir Putin's rule, but for many others, economic limitations are the prime motivator. Experts say the numbers have reached demographically dangerous levels.
thinkahol *

Fiscal Fantasies - Paul Krugman Blog - NYTimes.com - 0 views

  •  
    It's really amazing to see how quickly the notion that contractionary fiscal policy is actually expansionary is spreading. As I noted yesterday, the Panglossian view has now become official doctrine at the ECB. So what does this view rest on? Partly on vague ideas about credibility and confidence; but largely on the supposed lessons of experience, of countries that saw economic expansion after major austerity programs. Yet if you look at these cases, every one turns out to involve key elements that make it useless as a precedent for our current situation.
thinkahol *

Today's Must-See Animated Capitalist Takedown from RSA and David Harvey | The New York ... - 1 views

  •  
    If you watch just one funny and handsome Marxist critique of the financial crisis, make it the Royal Society for the Encouragement of Arts, Manufactures and Commerce's animated version of David Harvey's RSA speech "Crises of Capitalism." It's been making the rounds this afternoon, and for good reason: Mr. Harvey, a Marxist scholar who heads CUNY's Center for Place, Culture & Politics, describes not just the failures that caused the ongoing fiasco, but the failure of how we've explained it.
Giorgio Bertini

The Next Global Problem: Portugal - 0 views

  •  
    Europe will eventually grow tired of bailing out its weaker countries. The Germans will probably pull that plug first. The longer we wait to see fiscal probity established, at the European Central Bank and the European Union, and within each nation, the more debt will be built up, and the more dangerous the situation will get. When the plug is finally pulled, at least one nation will end up in a painful default; unfortunately, the way we are heading, the problems could be even more widespread.
Giorgio Bertini

German Government 'Must Stop Using Greek Crisis for Campaign Fodder' - 0 views

  •  
    As the financial crisis in the euro zone worsens and the heads of the IMF and the ECB come to Berlin to persuade Germany to help Greece now, local commentators are calling for speed and decisiveness. As they see it, political jockeying before the May 9 election in North Rhine-Westphalia is no reason for German politicians to endanger the whole euro zone.
Giorgio Bertini

Why does Iran see Turkey as an 'honest broker' for a nuclear deal? - 0 views

  •  
    The uranium transfer deal transforms Iran and Turkey into strategic allies without undermining Turkey's standing in the West.
thinkahol *

Biggest Financial Decision in 2011 Is European: Matthew Lynn - Bloomberg - 0 views

  •  
    Europeans have grown accustomed to seeing government workers shut down their countries when provoked. At this time of huge deficits from Washington to the smallest towns, government workers in the U.S. also face significant cutbacks.
thinkahol *

Bernie Sanders Puts Barack Obama to Shame | Rolling Stone Politics - 0 views

  •  
    Not long ago I was sitting at home writing something for publication - I won't say what, except that it was a passage about a certain politician on the Hill. Out of habit I launched into a description that was full of nasty and personal language, and I was about to press on to the next part of the piece when suddenly I hit a mental speed bump. A voice in my head whispered - this really happened - "If you write that shit and Bernie Sanders sees it, he's going to be disappointed in you." So I went back and removed the gratuitous body blows from the article.
Giorgio Bertini

Fighting (for?) Europe: How European Elites Lost a Generation « Learning Poli... - 0 views

  •  
    The European Union is in bad shape. Not only is the common currency in a shambles and the economies of many member states moribund, but young Europeans no longer see how the EU helps them. Millions of them are taking to the streets to demand a future.
thinkahol *

Is the SEC Covering Up Wall Street Crimes? | Rolling Stone Politics - 0 views

  • But even if SEC officials manage to dodge criminal charges, it won't change what happened: The nation's top financial police destroyed more than a decade's worth of intelligence they had gathered on some of Wall Street's most egregious offenders.
  • But we're equally in the dark about another hypothetical. Forget about what might have been if the SEC had followed up in earnest on all of those lost MUIs. What if even a handful of them had turned into real cases? How many investors might have been saved from crushing losses if Lehman Brothers had been forced to reveal its shady accounting way back in 2002? Might the need for taxpayer bailouts have been lessened had fraud cases against Citigroup and Bank of America been pursued in 2005 and 2007? And would the U.S. government have doubled down on its bailout of AIG if it had known that some of the firm's executives were suspected of insider trading in September 2008?
  •  
    Imagine a world in which a man who is repeatedly investigated for a string of serious crimes, but never prosecuted, has his slate wiped clean every time the cops fail to make a case. No more Lifetime channel specials where the murderer is unveiled after police stumble upon past intrigues in some old file - "Hey, chief, didja know this guy had two wives die falling down the stairs?" No more burglary sprees cracked when some sharp cop sees the same name pop up in one too many witness statements. This is a different world, one far friendlier to lawbreakers, where even the suspicion of wrongdoing gets wiped from the record.
thinkahol *

Debt and Delusion - Robert J. Shiller - Project Syndicate - 0 views

  •  
    The fundamental problem that much of the world faces today is that investors are overreacting to debt-to-GDP ratios, fearful of some magic threshold, and demanding fiscal-austerity programs too soon. They are asking governments to cut expenditure while their economies are still vulnerable. Households are running scared, so they cut expenditures as well, and businesses are being dissuaded from borrowing to finance capital expenditures. The lesson is simple: We should worry less about debt ratios and thresholds, and more about our inability to see these indicators for the artificial - and often irrelevant - constructs that they are.
thinkahol *

Look Out, Here Comes the 'Feral Underclass' - 1 views

  •  
    Why this absence of political ambition? What explains the rioters' genuflection at the altar of "crude materialist, market-driven hedonism"? To zone in on the answer, we need to step back and remind ourselves how strikingly unequal distributions of income and wealth impact how we interact with "things." In relatively equal nations, societies where minor differences in income and wealth separate social classes, people typically do not obsess over "things," the baubles of modern life. The reason? If nearly everyone can afford much the same things, things overall tend to lose their significance. People in more equal societies will be more likely to judge you by who you are than what you own. The reverse, obviously, also holds true. "As inequality worsens," as Boston College economist Juliet Schor has explained, "the status game tends to intensify." The wider that gaps in income and wealth go, the greater the differences in the things that different classes can afford. In markedly unequal societies, things take on ever greater significance. They signal who has succeeded and who has not. In London, the developed world's most unequal city, these signals may dominate daily life as ferociously as anywhere else on Earth. Their incessant repetition drowns out the socially cohesive signals that people see and hear and feel in more equal societies, the sense that "we're all in this together." "Let this week be a wake up call," London's Compass think tank observed right after the heaviest rioting. "There is more to clean up than broken shop windows."
thinkahol *

The global crisis of institutional legitimacy | Felix Salmon - 0 views

  •  
    When Perry accuses Ben Bernanke of treachery and treason, his violent rhetoric ("we would treat him pretty ugly down in Texas") is scary in itself. But we shouldn't let that obscure Perry's substantive message - that neither Bernanke nor the Fed really deserve to exist, to control the US money supply, and to work towards a dual mandate of price stability and full employment. For the first time in living memory, someone with a non-negligible chance of winning the US presidency is arguing not over who should head the Fed, but whether the Fed should even exist in the first place. Looked at against this backdrop, the recent volatility in the stock market, not to mention the downgrade of the US from triple-A status, makes perfect sense. Global corporations are actually weirdly absent from the list of institutions in which the public has lost its trust, but the way in which they've quietly grown their earnings back above pre-crisis levels has definitely not been ratified by broad-based economic recovery, and therefore feels rather unsustainable. Meanwhile, the USA itself has undoubtedly been weakened by a shrinking tax base, a soaring national debt, a stretched military, and a legislature which has consistently demonstrated an inability to tackle the great tasks asked of it. It looks increasingly as though we're entering Phase 2 of the global crisis, with 2008-9 merely acting as the appetizer. In Phase 1, national and super-national treasuries and central banks managed to come to the rescue and stave off catastrophe. But in doing so, they weakened themselves to the point at which they're unable to rise to the occasion this time round. Our hearts want government to come through and save the economy. But our heads know that it's not going to happen. And that failure, in turn, is only going to further weaken institutional legitimacy across the US and the world. It's a vicious cycle, and I can't see how we're going to break out of it.
thinkahol *

The Greatest Speech Ever Made - YouTube - 0 views

  •  
    One of the most important speeches in recorded history was given by a comedian by the name of Charlie Chaplin. If you like what you see please share the video any way you can and pass the message on.
Giorgio Bertini

The dollar, less almighty: Big investors see possible long-term currency weakness - 0 views

  •  
    Last month, Warren Buffett went shopping - abroad. He flew to South Korea for a factory opening and called the country a "hunting ground" for investments. He also pronounced post-earthquake Japan "a buying opportunity," and then traveled on to India, where he said he was eyeing more acquisitions. This is Buffett's way of betting against the U.S. dollar. Armed with about $38 billion of cash at Berkshire Hathaway, he can use dollars now to buy companies that will generate profits in other currencies for years to come.
1 - 20 of 23 Next ›
Showing 20 items per page