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| Economic Concerns Grow: China Threatens Dollar |
| Published: August 7, 2007, 4:56 pm |
| Tags: U S World Economy, Politics Global, Globalization |
| a growing sign that the U.S. economy is vulnerable, China has hinted that it could liquidate its huge holding of U.S issued bonds if the United States enacts sanctions intended to impact the strength of the Chinese currency…the yuan. In recent years, China has reportedly amassed over $900 billion of U.S. bonds…a sum large enough to |
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| David Walker, American Cassandra |
| Published: August 14, 2007, 1:26 pm |
| Tags: U S World Economy, Politics U S, 2008 Presidential Election, Inspriational |
| is to run simulations on the economy, and in particular, government spending. The choices that he sees in the future are all unpleasant. Unfortunately, he takes a pollyanna approach, rather than that of Cassandra, when it comes to assessing the will of the U.S. government and the American people to deal with a myriad of looming crises: |
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| Politicians & The Inflation Disconnect |
| Published: August 15, 2007, 1:16 pm |
| Tags: U S World Economy, Politics U S, Globalization, Healthcare, 2008 Presidential Election, Poverty, 2008 Congressional Elections |
| remain glum about the economy. Meeting with economic writers last week, President Bush dismissed several polls that show Americans are down on the economy. He expressed surprise that inflation is one of the stated concerns. They cite inflation? Bush asked, adding that, I happen to believe the war has clouded a lot of |
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| Foreclosures Surge - Who Could Have Predicted? |
| Published: August 21, 2007, 10:26 am |
| Tags: U S World Economy, Politics U S, Spineless Dems |
| When Democratic Party senators capitulated to the finance industry in assisting the GOP to pass the draconian bankruptcy bill two years ago (I’ve previously referred to the legislation as the Indentured Servitude Act of 2005), there were many warnings of problems for credit consumers on the horizon. No one listened. The bill passed anyway, |
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| George W. Bush: Not A “Stickler” For Mine Safety? |
| Published: August 22, 2007, 4:54 pm |
| Tags: General, U S World Economy, Politics U S |
| I’ve not written about the most recent mining disaster in deference to the feelings of the families who may have lost loved ones. Given the possibility that the rescue efforts are about to halt, I felt it was the right time to address the issue and the ongoing disregard for mine safety…a disregard that has become more evident since |
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| Coal Mining: Santa Claus, Stockings, & Bad Behavior |
| Published: August 23, 2007, 3:26 pm |
| Tags: U S World Economy, Politics U S, Environmental Issues, Globalization, Global Warming |
| sources…but then the world suddenly realized that oil reserves would not last forever, nuclear power wasn’t as safe as we had hoped, and those with the lions share of crude weren’t on the best of terms with the United States. At that point, coal returned as king…and along with its resurgence came the concerns about its |
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| Economists: Riding The Waves Without A Board? |
| Published: September 7, 2007, 2:31 pm |
| Tags: U S World Economy, Globalization |
| find some surprises. The economy will continue to grow in the second half of the year.” Others called on the Fed to act. “Too little has been done to quiet the market’s justifiable fears that things are headed downhill,” said Sen. Charles E. Schumer (D-N.Y.), chairman of the Joint Economic Committee. From Forbes: The |
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| NORTH AMERICA: Crude Oil in problems be affected by Mexico Attacks and OPEC Output Concerns |
| Published: September 11, 2007, 4:49 am |
| Tags: World Economy, Nymex, Nexant, Opec, Algeria, Shokri Ghanem, Ice Futures Exchange, Chakib Khelil, Altavest Worldwide Trading, Qatar, Mexico, Saudi Arabia, Ali Al Naimi, Oil Futures |
| Crude oil rose to within 50 cents of a record... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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| Kudlow’s America: Some Eat Steak, The Rest Eat Cake |
| Published: October 10, 2007, 10:41 pm |
| Tags: U S World Economy, Politics U S, Media, 2008 Presidential Election, Poverty, 2008 Congressional Elections, Propaganda Catapulting |
| reinvestment into the economy to better “float the boat”. While that is true to a point, it would simultaneously consolidates larger amounts of wealth into the hands of fewer and fewer people…a move which further shrinks the middle class by pushing a small percentage of individuals upward and a much larger number |
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| Annual World Bank, IMF Meetings Open Under Economic Cloud |
| Published: October 20, 2007, 1:11 pm |
| Tags: World, International Monetary Fund, World Bank, World Economy |
| Member nations of the International Monetary Fund and World Bank will open their annual meeting in Washington Saturday in the shadow of a worldwide economic slowdown. |
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| Russia and China Stand Up |
| Published: October 21, 2007, 5:07 am |
| Tags: China, Iraq, Russia, Afghanistan, Ahmadinejad, Currency, Economics, Hu Jintao, Iran, News, Politics, Putin, World Economy |
| While the U.S. read more |
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| Oil Prices Soaring; Hops Shortage Threatens Beer Production |
| Published: November 6, 2007, 10:32 pm |
| Tags: U S And World Economy, 2008 Presidential Election, 2008 Congressional Elections, That S Entertainment |
| of price spikes today, ABC World News Tonight anchor Charlie Gibson all but implied that the world has hit ‘peak oil’ - and that supply is unlikely to keep up with demand in the coming years. Speaking of supply and demand, I ran into a very disturbing article tonight. Not only is oil production down, but so is hops production, and |
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| Follow The Money: Yes To Tainted Toys; No To Cheaper Meds |
| Published: November 17, 2007, 1:56 pm |
| Tags: U S And World Economy, Politics U S, Iraq, Globalization, Healthcare, Culture Of Corruption, 2008 Presidential Election, Bush Arrogance, Poverty, Propaganda Catapulting, Homeland Insecurity |
| Time has a way of exposing inconsistencies…and when it does, it often shines a bright light upon previously ignored or hidden hypocrisies. For me, Thursday’s Democratic debate helped crystallize my thoughts on one of those situations. We’ve all heard plenty about the tainted toys being imported from China…toys which |
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| Smile! You’re on Candid Camera - Saudi Style… |
| Published: November 18, 2007, 7:30 pm |
| Tags: U S And World Economy, Politics Global, Lies And The Lying Liars |
| just been broadcast to the world’s media for more than half an hour after a technician had mistakenly plugged the TV feed into the wrong socket. The facade of unity that the cartel so carefully cultivates to a world spooked by soaring oil prices was shattered… Sometimes, such innocent mistakes can have far-reaching economic and |
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| And Down Will Come The Economy, Tax Cuts & All |
| Published: November 27, 2007, 7:12 pm |
| Tags: U S And World Economy, Politics U S, 2008 Presidential Election, Bush Arrogance, Poverty, 2008 Congressional Elections, Propaganda Catapulting |
| thing to be living with an economy built upon that very premise. Throughout the Bush administration, we have been sold on the benefits of tax cuts for the wealthy; with the promise of insuring a healthy economy. All the while, I believe this paper tiger economy was actually built and sustained by the implementation of artificially low interest |
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