Goldman Sachs and Wall Street may have created a bubble but I think a lot of average americans jumped into the game too. Greed seems to be as infectious as swine flu.
Matt Taibbi on how Goldman Sachs has engineered every major market manipulation since the Great Depression (Rollingstone.com)
Archive for the 'Financial Crisis' Category
The Great American Bubble Machine
July 3, 2009Bailout Nation
July 3, 2009Tracking The Second Great Depression
June 18, 2009Gloomy comparison between current situation and the 1930s. If these charts are accurate, the bottom is yet to come !
(src: www.businessinsider.com)
Tracking The Second Great Depression
June 18, 2009Gloomy comparison between current situation and the 1930s. If these charts are accurate, the bottom is yet to come !
(src: www.businessinsider.com)
Roots of the Crisis (video)
June 16, 2009An insider’s point of view: “…wall street tradition of creating a fortune making a mess and making a fortune cleaning it up …”
Embedded video from CNN Video
Thailand’s tiny kickboxing queen
June 14, 2009When you are poor, everyone in the family needs to chip in, even the seven year old !
California needs financial makeover
June 1, 2009Check out the numbers. This is what happens when politicians are taking care of the budget. We put everything on credit !?
California needs financial makeover
June 1, 2009Check out the numbers. This is what happens when politicians are taking care of the budget. We put everything on credit !?
California too big to fail !?
May 20, 2009Just like private businesses in this recession, the state will need to cut services and layoff workers after voters said NO to higher taxes & borrowing to bridge the budget deficit.
Jim Rogers: We Are Going To Have A Currency Crisis
May 19, 2009If this guy is right, then it’s time to go to cash (not US dollars though).
