Tag Archives: finance

Low gas prices are not good news

Posted on August 11, 2011 by Lorne Beaton

Since Standard & Poor’s downgraded U.S. Treasury bonds last week in the aftermath of the debt-ceiling debacle, financial markets have been whipsawing up and down like a demented yo-yo. In the midst of all the turmoil, there is one seeming … Continue reading →

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Must Listen – Harry Shearer interviews Yves Smith

Posted on December 6, 2010 by Lorne Beaton

I remain obsessed with the story of the continuing financial collapse. And it is continuing… What happens in Ireland today could be knocking down Europe tomorrow, and ruining a lot more people’s lives on this side of the Atlantic next … Continue reading →

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Griftopia

Posted on November 15, 2010 by Lorne Beaton

Still reading feverishly about the ongoing financial crisis; next up is Matt Taibbi’s Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America. Taibbi’s books and articles for Rolling Stone are in the grand muckraking tradition that … Continue reading →

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