Jan. 28 2011 | Discussing why economic optimism is justified, with Jamie Dimon, JPMorgan chairman/CEO and Mary Erdoes, JPMorgan Private Bank.
Monday, January 31, 2011
Friday, January 28, 2011
Food Inflation Sparking Unrest worldwide
Jan. 28 2011 | Philippa Malmgren, president of Principalis Asset Management told CNBC that inflation played an important part in the political uprising in North Africa. "First you have to price them out of food and then this happens, so we should expect this across many countries," she said.
Thursday, January 27, 2011
2011 Davos Forum Kicks Off
The 2011 Davos Forum kicks off. This year's theme is Shared Norms For New Reality.
Tuesday, January 25, 2011
How Severe Is Europe's Intertwined Debt Crisis?
Economics correspondent Paul Solman reports on the ongoing fallout from Europe's debt crisis, which has led to political woes and bank bailouts among other problems. His update is park of his ongoing series on Making Sen$e of financial news.
It's a big problem for the banks that took the loans they knew they never should have made. These people are not idiots, they knew they were making choices that would end their companies. This is what bothers me about the media, they set up their story to make it seem like they're are defending the people, but then they always end it with some words like that, "a big problem for us all". How is a private company's bad loans my problem?
It's a big problem for the banks that took the loans they knew they never should have made. These people are not idiots, they knew they were making choices that would end their companies. This is what bothers me about the media, they set up their story to make it seem like they're are defending the people, but then they always end it with some words like that, "a big problem for us all". How is a private company's bad loans my problem?
Sunday, January 23, 2011
Interview with Rainer Brüderle, German Economics Minister
The German Economy : How can it continue to prosper? In the interview: the German Economics Minister, Rainer Brüderle.
German industry out sourced to cheap labour eastern europe and industrialist maximized their profits. German workers were forced into lower wages. the birth rate has collapsed because life in Germany is too competitive. the rich have become super rich at the expense of workers. in 50 years there will be no Germans workers left. germany will be a country only in name.
German industry out sourced to cheap labour eastern europe and industrialist maximized their profits. German workers were forced into lower wages. the birth rate has collapsed because life in Germany is too competitive. the rich have become super rich at the expense of workers. in 50 years there will be no Germans workers left. germany will be a country only in name.
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