Knowledge is Power
Knowledge is Power: Big Gold,China, Debt Doom Edition
Special report: Are the days of “big gold” over? As cash pressures mount, gold majors move to mine the markets, which are proving more lucrative than the mining of gold.
Built on a Lie - The Fundamental Flaw of Europe’s Common Currency
A new forecast from RBC Economics says Canada’s economy is poised for real GDP growth of 3.1 per cent this year and 3.9 per cent in 2011. Canadian economy ready for major rebound, RBC says
Debt doom ahead US Congressional Budget Office figures, showing how horrendously large the national debt will become, indicate that the United States economy will be 71% bigger within 10 years. If everything costs twice as much by then, why not? And the only people better off will be those who are buying gold now!!!
China showing signs of overheating
CHINA’S industrial output has hit a five-year high, adding to the case for the Government to pare back stimulus measures.
Knowledge is Power: Debt Meltdown,World Economic Update Edition
Is Europe heading for a debt meltdown?
The Rise of ‘Chimerica’ Two Superpowers Take on the World
Why it’s a good time to buy Buffett’s Berkshire
After Escaping Jobless Rolls, Trauma May Linger
Knowledge is Power: Shenzen, Britain, Canada Housing Edition
Shenzhen has been at the vanguard of China’s economic reform over the past 30 years as a testing ground for policies later adopted nationwide. A recent crackdown on protests belied the city’s liberal characteristics and Beijing’s swift condemnation suggests it is unlikely to be repeated anytime soon. Shenzhen raises iron fist to protests
Nouriel Roubini has joined the gold naysayers, but Alec Hogg reckons he’d better beware. Gold’s enemies multiplying
He’s a top entrepreneur who recently put all his investments into cash, believing the UK faces bankruptcy. Read James Palumbo’s opinions on the economy…Does Britain face bankruptcy?
Is business turning the clock back to the 1970s?Robert Peston
Greece is in trouble. Swamped by public debt and shunned by international investors, the country has been told by EU leaders to face up to its fiscal crisis on its own. German papers on Friday ask how much fellow Europeans ought to do to help and who is to blame for the mess.‘No One Should Rule Out a Greek Bankruptcy’
China’s economic recovery is gathering momentum, with industrial activity and spending rising. Chinese numbers fire up confidence
Why didn’t Canada’s housing market go bust?James MacGee, a professor at the University of Western…
Knowledge is Power: Krugman, Banker Awards Edition
Krugman got it wrong in September, says Faber
U.S. Mortgage Defaults Forecast to Decline Next Year: FT Link
The Banker Awards 2009
Reform is a work in progress
Knowledge is Power: Smart Money, Dubai Edition
Dubai: business as usual - When news broke of Dubai World’s economic crash, many feared that the emirate was heading for disaster. But among the high-rise hotels and high-end boutiques, there is much more optimism
WORLD’S FAVOURITE MINING STOCKS
Following the smart money - The normal suspects are in good demand, but bargain hunters are now also snapping up oversold subsectors such as platinum and potash.
Microcredit loans have revolutionized the world of finance in developing nations. Now Muhammad Yunus, the Nobel Peace Prize laureate behind the concept, wants to see similar programs in the industrialized world. In a SPIEGEL ONLINE interview, he explains why Germany’s poor should be given loans Interview with Nobel Laureate Muhammad Yunus- ‘Everyone Should Have the Right to Credit’
Total Eclipse At The Heart Of Dubai’s World
Asian SWFs have overtaken Middle East government investment arms as the largest acquirers of assets this year, and the biggest increase in spending is in the natural resources sector.Asian sovereign funds are biggest SWF spenders in 2009
For millions of followers, the prosperity gospel encouraged financial risk in the name of God. Did Christianity Cause the Crash?
It is tradesmen left with unpaid bills who will suffer most from Dubai’s problems; Abu Dhabi has thrown a tarpaulin over its own banks to dampen contagion. Far more worrying is the commercial real estate problem in the United States. - US the problem, not Dubai
Knowledge is Power: Debt, Peak Oil, Asia FDI Edition
Investment into—and out of—Asia bucked the global trend over the past year as China and India continue to power the region’s economic progress. Features: Asia Goes Abroad
The Debt Economy - by James Surowiecki
John Kenneth Galbraith wrote that all financial crises are the result of “debt that, in one fashion or another, has become dangerously out of scale.” The recent financial crisis was no exception, with everyone—homeowners, private-equity investors, our biggest banks—taking on enormous amounts of debt. (Excellent Article)
Related: Corporate Tax Breaks Get Scrutiny
Volcker-Led Panel Considers Whether to Curb Bias Toward Issuing Debt Over Stock
Brash and flash, Dubai has become a monument to vanity and greed. But now it is sinking under £48bn debts - leaving Britons who’ve settled there facing ruin, writes Jane Fryer. Thousands of Britons in Dubai facing ruin
Crude is still being discovered; existing fields are not being exploited to the full. So it’s hard to predict the exact point at which the world’s dwindling reserves will precipitate a crisis. But it’s coming. Peak oil: the summit that dominates the horizon
Until the debt clouds disappear in the economy, small business can’t lead a rebound.Get Ready for Half a Recovery
