U.S. Federal Reserve Chairman Ben S. Bernanke’s two-year fight to shield crisis-squeezed banks from the stigma of revealing their public loans protected a lender to local governments in Belgium, a Japanese fishing-cooperative financier and a company part-owned by the Central Bank of Libya.
BusinessWeek.com — Finance
Chapter 17a – Peak Oil: Energy is the lifeblood of any economy and a steady supply of energy is necessary to maintain the status quo, while an ever-increasing supply is needed to grow an economy. In this chapter, Dr. Chris Martenson explains that Peak Oil is not a theory, rather it is a description of how oil production increases over time, reaches a peak, then declines. Evidence points to a global production peak in the near future, which is troubling since the US imports two-thirds of its oil and relies on it to much of its transportation and food production needs. www.chrismartenson.com
www.mrjohnclarke.com “Roger, Financial Consultant” Originally aired on ABC 7 Report, 20/05/2010 World Economy Explained
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Ron Paul says it like it is: There is no “right” to health care. Obama Care will be picked up by a national bankruptcy. The IRS is recruiting new agents to steal more money. Central planning has failed. A much larger economic crisis comes. And every country in the world is technically bankrupt. Ron Paul is America’s leading voice for limited constitutional government, low taxes, free markets and a return to sound monetary policies.
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European confidence in the economic outlook held close to the highest in more than three years in January as manufacturers became more optimistic.
BusinessWeek.com — Finance
Hedge funds returned 1.7 percent in December, rebounding from a November loss and ending 2010 at the highest level in more than two years as global equity markets rallied, according to data compiled by Bloomberg.
BusinessWeek.com — Finance
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