83,000 and Counting Fired by Financial Firms Since Last July
From Tokyo to London to New York, financial companies announced plans to shed more than 83,000 jobs since last July as revenue and compensation pools evaporated, according to figures compiled by...
View ArticleA ‘New Wave’ of the Credit Crisis Threatens Banks
Late payments on home-equity loans are at a record high, and delinquency rates on loans for cars, small businesses and construction are at levels not seen in a decade or more — all bad news for...
View ArticleDeutsche Bank Says $200 Oil Would Create Global Economic Collapse
“Two-hundred dollar oil would break the back of the global economy,” Adam Sieminski, chief energy economist at Deutsche Bank AG (DB), told Bloomberg News in an interview yesterday (Wednesday) in Tokyo....
View ArticleIs Your Money Safe in the US Banking System?
If you have money in the US banking system, Commodity Trend Alert editor Eric Roseman recommends you put it instead in Treasury bills or exchange traded funds (ETFs) that invest in short-term Treasury...
View Article10 Tips On How To Invest During A Global Recession
Look at major companies that trade around the world and are not dependent upon Western sources of revenueTags: Global Recessioninvestment tips
View ArticleEconomies of Frail
Because of the burgeoning global recession, the coming months and years will be very interesting and perilous times. For investors, safe havens such as U.S. Treasury debt, U.S. blue chip stocks and...
View ArticleIs China’s Recession Worse Than Advertised?
international investment - A small article in today’s China Daily reported a startling number that revealed the true depths of China recession - giving investors pause for any near-term recovery in the...
View ArticleThese Two Countries Could Slide Into Bankruptcy
“We take the view that we don’t need to make a further effort.”So said Jean-Claude Juncker, Luxembourg’s Finance Minister, following a meeting of European financial bigwigs in Brussels on Monday.Tags:...
View ArticleIs the Nabucco Pipeline Worth the Projected $11.4 Billion
Inside Beltwayistan, a number of Bushevik oil patch zombies still roam the recession-blasted landscape mindlessly chanting their Caspian mantra, “Happiness is multiple pipelines” - with the caveat that...
View ArticleThe Quiet Revolution: Latin America Moving Away from Washington’s Influence
Perhaps the biggest foreign-policy story of the past decade, thoroughly overlooked by the American media after 9/11 and its subsequent monomaniacal focus on terrorism, security and the wars in Iraq and...
View ArticleWill the U.S. Economy Follow Brazil’s Rapid Drop in GDP Growth?
http://www.investmentcontrarians.com/recession/will-the-u-s-economy-follow-brazils-rapid-drop-in-gdp-growth/1086/Tags: GDP growthGlobal Recessioninflationmonetary policy
View ArticleCaterpillar’s Warning: What It Means for Your Stocks
One of the most worrying signs from the latest batch of economic data is that the global recession might be reappearing. Central banks around the world have been attempting to fuel their economies...
View ArticleMore Signs of Economic Weakness: Where to Place Your Money
Read More : http://www.investmentcontrarians.com/recession/more-signs-of-economic-weakness-where-to-place-your-money/1908/ With the stock market at all-time highs, the momentum has been built on the...
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