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.
Thursday, January 20, 2011
Niall Ferguson : Post-American World a New Dark Age ?
Historian Niall Ferguson fears a post-American world would bear close resemblance to the Dark Ages that followed the decline of the Roman Empire. He foresees chaos across the Middle East and the rise of China as the next superpower. "A world without a strong America is a dangerous world," he exclaims.
I normally like Niall but I don't think that it will be a new dark age.When Rome collapsed it was the dark ages in Europe only, a dark age for only about 8% of the world whereas in the rest of the world we couldn't care about Europe.
Niall Ferguson, David Gergen, and Mort Zuckerman discuss how America's global standing will be affected by the continuing financial crisis. This program was recorded in collaboration with the 2010 Aspen Ideas Festival, on July 8, 2010.
Niall Ferguson, MA, D.Phil., is the Laurence A. Tisch Professor of History at Harvard University. He is a resident faculty member of the Minda de Gunzburg Center for European Studies.
He is also a Senior Research Fellow of Jesus College, Oxford University, and a Senior Fellow of the Hoover Institution, Stanford University.Yes we are headed for a new dark age and deceptive history professors/ globalist minded finacial advisors. are helping things along nicely.I could tell this man has an agenda from the start.
I normally like Niall but I don't think that it will be a new dark age.When Rome collapsed it was the dark ages in Europe only, a dark age for only about 8% of the world whereas in the rest of the world we couldn't care about Europe.
Niall Ferguson, David Gergen, and Mort Zuckerman discuss how America's global standing will be affected by the continuing financial crisis. This program was recorded in collaboration with the 2010 Aspen Ideas Festival, on July 8, 2010.
Niall Ferguson, MA, D.Phil., is the Laurence A. Tisch Professor of History at Harvard University. He is a resident faculty member of the Minda de Gunzburg Center for European Studies.
He is also a Senior Research Fellow of Jesus College, Oxford University, and a Senior Fellow of the Hoover Institution, Stanford University.Yes we are headed for a new dark age and deceptive history professors/ globalist minded finacial advisors. are helping things along nicely.I could tell this man has an agenda from the start.
Tuesday, January 18, 2011
China-U.S. Sign-In 6 Trade Agreements
In Houston, China and the U.S. sign in about $600 million in trade deals; one day in advance of the Chinese President's visit to the U.S.
Monday, January 17, 2011
What is Money and the Money Supply?
Different Ideas on what money is instead of thinking about M1 M2 and M3.
Saturday, January 15, 2011
Glenn Beck - The China Syndrome
think outside of the box, the chinese made the box
Though I often think that I'm glad that Beck is saying what he's saying on TV, I always suffix that thought with "HE IS A LITTLE LATE TO THE PARTY". To understand China you need to understand the culture which has endured 6500 years despite what the politics of the day might be.The family, education, and hard work (to severely simplify some tenets of Chinese culture) are engrained from birth. Beck thinks China advanced overnight - those who are aware knew the US was to be displaced 30 years ago.
It's the Wall Street, stupid. The German's are into the stock market for a quick profit and speculate like the Americans. The Germans are really have both of their feet on the ground focusing doing the finest work. Japan was the same way before they got seduced by Wall Street which crashed them until today. China are now realized what's their problem. They started to look at the German's and Japanese and study hard.All the 1% richest Chinese connected to the political power local or cenral. The rich gap in China is bigger than that of the US. China certainly outdone the American in such way. And they are way more greedy than the Americans. Many intelligent Chinese are very very worry about the future of China. They see China economy is empty from the inside out.
Though I often think that I'm glad that Beck is saying what he's saying on TV, I always suffix that thought with "HE IS A LITTLE LATE TO THE PARTY". To understand China you need to understand the culture which has endured 6500 years despite what the politics of the day might be.The family, education, and hard work (to severely simplify some tenets of Chinese culture) are engrained from birth. Beck thinks China advanced overnight - those who are aware knew the US was to be displaced 30 years ago.
It's the Wall Street, stupid. The German's are into the stock market for a quick profit and speculate like the Americans. The Germans are really have both of their feet on the ground focusing doing the finest work. Japan was the same way before they got seduced by Wall Street which crashed them until today. China are now realized what's their problem. They started to look at the German's and Japanese and study hard.All the 1% richest Chinese connected to the political power local or cenral. The rich gap in China is bigger than that of the US. China certainly outdone the American in such way. And they are way more greedy than the Americans. Many intelligent Chinese are very very worry about the future of China. They see China economy is empty from the inside out.
Friday, January 14, 2011
Thursday, January 13, 2011
Foreclosures Hit Record
Jan. 13 2011 | Home foreclosures are topping 1 million for the first time ever in 2010, with Nishu Sood, HIS Analysis.
Wednesday, January 12, 2011
Delta Smelt & Undocumented Farm Workers: How Federal Policy Is Failing CA's Central Valley
California's Central Valley is a 450 mile long stretch of flat and fertile land that produces much of the food that we enjoy every day. But the people in small towns like Mendota (the cantaloupe capital of the world) are suffering these days, in part due to two federal policies.
In order to protect a threatened fish species called the Delta Smelt, much of the water that used to be pumped from the Sacramento-San Joaquin Delta to farms on the west side of the San Joaquin Valley is now allowed to flow into the ocean. The result is predictable: hundreds of thousands of acres of farm land lies fallow and tens of thousands of jobs have been lost. In Mendota, the unemployment rate is over 40% and food lines are the norm.
But people going hungry in a region dominated by agriculture is only one of the contradictions in the Central Valley.
Nearly all the valley's farm workers are immigrants from Mexico and Central America, and many of them are undocumented. These people are crucial to the valley's economy, but they're breaking the law according to the federal government.
To learn more about the Central Valley and its discontents, we spoke to Robert Silva, mayor of Mendota; Kim Sullivan, a small business owner who makes gear drives for irrigation pumps; Maria Angel, a cafe owner and GED instructor; and Chris Collins, who recently authored a special Fresno Bee series about illegal immigration called "In Denial".
Approximately 8 minutes. Produced by Paul Feine and Alex Manning.
Visit Reason.tv for downloadable versions and subscribe to Reason.tv's YouTube channel to receive automatic notification when new material goes live
In order to protect a threatened fish species called the Delta Smelt, much of the water that used to be pumped from the Sacramento-San Joaquin Delta to farms on the west side of the San Joaquin Valley is now allowed to flow into the ocean. The result is predictable: hundreds of thousands of acres of farm land lies fallow and tens of thousands of jobs have been lost. In Mendota, the unemployment rate is over 40% and food lines are the norm.
But people going hungry in a region dominated by agriculture is only one of the contradictions in the Central Valley.
Nearly all the valley's farm workers are immigrants from Mexico and Central America, and many of them are undocumented. These people are crucial to the valley's economy, but they're breaking the law according to the federal government.
To learn more about the Central Valley and its discontents, we spoke to Robert Silva, mayor of Mendota; Kim Sullivan, a small business owner who makes gear drives for irrigation pumps; Maria Angel, a cafe owner and GED instructor; and Chris Collins, who recently authored a special Fresno Bee series about illegal immigration called "In Denial".
Approximately 8 minutes. Produced by Paul Feine and Alex Manning.
Visit Reason.tv for downloadable versions and subscribe to Reason.tv's YouTube channel to receive automatic notification when new material goes live
Tuesday, January 11, 2011
Portugal Bailout Inevitable
Jan. 11 2011 | Portugal says it is doing all it can to avoid external aid, but the country is "just a small economy in the massive sea of the euro zone", Piers Curran, head of trading at Amplify Trading told CNBC. "Portugal will inevitably have to ask for a bailout because the bond yields will not allow them to continue to fund their deficit," he said.
Monday, January 10, 2011
Portugal Under Pressure
Jan. 10 2011 | Portugal is under pressure to seek EU/IMF Aid, with CNBC's Guy Johnson.
Sunday, January 9, 2011
American Companies Are Hiring but Overseas!!
This is Jack DeAngelis! Please Subscribe To My Channel! Go To My Website To Request Your FREE Copy Of "The International Forecaster" Newsletter! Get ready for The Collector's Coach on Blogtalk Radio!
Saturday, January 8, 2011
Market Meltdown
Market Meltdown : Jim Cramer loses his temper on the air in 2007 as the U.S. financial system crumbled, specifically the fixed income markets on Wall Street. He had much to say about Fed Chairman Ben Bernanke as well as Bill Poole who is apparently shameful.
Friday, January 7, 2011
Obama on Jobs
Jan. 7 2011 | President Obama delivers remarks on the monthly employment report from Thompson Creek Manufacturing in Landover, MD.
Wednesday, January 5, 2011
Top-10 Economic Predictions for 2011
IHS Chief Economist, Nariman Behravesh releases his top-10 economic predecitions for 2011.
There are numerous scenarios under which the commodities can rise way faster than inflation. For example companies can decide to sacrifice margins in order to retain sales levels. The result will be low inflation, despite rising commodity prices. I'm sure you can think of other scenarios....
There are numerous scenarios under which the commodities can rise way faster than inflation. For example companies can decide to sacrifice margins in order to retain sales levels. The result will be low inflation, despite rising commodity prices. I'm sure you can think of other scenarios....
Tuesday, January 4, 2011
Seoul Claims Commercial Electric Bus Service A World First
For more news visit ☛http://english.ntdtv.com
Seoul, South Korea is claiming a world first with a fully-electric commercial bus route introduced in the city last month. The eco-friendly buses are running on a Seoul mountain circular route but more routes are planned.
t looks like an ordinary commuter bus but city officials in Seoul, South Korea are proclaiming it as part of a system that can found be nowhere else in the world - a commercial electric bus service.
Spokesperson Cho Yoonjin says it's a great achievement.
[Choo Yoonjin, Seoul Metropolitan Government]:
"Other cities around the world have developed electric buses but most of these buses were used for purpose of the events. However, the city of Seoul has developed these electric buses for commercial operation and we believe that this is the first time in the world to have these electric buses to go into operation for commercial use."
The city has introduced five electric buses operating on three routes around Namsan Mountain in central Seoul.
The buses may look no different to their diesel driven counterparts, but they're engines are powered by clean, high-capacity lithium-ion batteries.
Their bodies are made of a strong but lightweight carbon-fibre composite, and the vehicles can travel about 80 kilometers - or fifty miles - on a single charge, a process which takes about 30 minutes.
They can also collect and reuse the energy generated by their brakes when running downhill.
Bus driver Yoo-Tae Soo says there's room for improvement, but he's enthusiastic about the idea.
[Yoo Tae-Soo, Electric Bus Driver]:
"Recharging is a little bit frequent for the length of the route and the time it takes to recharge should be improved. However, this is very positive when it comes to the eco-friendly concept."
And for passengers, there's little difference in the commuting experience.
[Cho Hyun-Hee, Passenger]:
"I'm still not quite familiar with the electric bus, but I don't' feel much difference compared to a regular bus in terms of feeling comfortable to ride it."
Seoul transportation officials say they plan to replace half the city's diesel-driven buses with electric versions by 2020...a gradual move away from fossil fuels with a strategy they say is sure to catch on around the world.
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