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Carry Trade

Conservatives Are Clueless on Jobs

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

Paul Ryan's quest to slash government spending is a job-killing agenda. He has to resort to crazy incoherent arguments about interest rates because everybody can see that spending money to create jobs will, you know, create jobs.

Are We in Another Bubble?

Eric Schurenberg | Posted 05.25.2011 | Business
Eric Schurenberg

While Nouriel Roubini believes we're finally pulling out of the current financial crisis, he says the next Big One will strike in six to 12 months.

Obama Bank Tax: Follow The Latest Updates On Twitter!

Posted 05.25.2011 | Business

As several news outlets are reporting this morning, the Obama administration is pondering a levy on the nation's largest -- and riskiest -- banking in...

Investors: Beware the Quackery of Economic Goats, Whitewashers and Charlatans

Ann Pettifor | Posted 05.25.2011 | Business
Ann Pettifor

Today -- as global trade lies dead, as unemployment rises, as wages and incomes plummet, as US consumption and investment falls -- share prices zoom upwards and commodity prices rock.

On the Sovereign Debt Crisis

Edward Harrison | Posted 05.25.2011 | Business
Edward Harrison

In a sovereign debt crisis, the central government's debt become so high that everyone knows they cannot possibly tax the population enough to cover their expenses and service it.