Economy

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- Subprime tsunami to continue
  Posted by SoxFirst
  The subprime woes which have spread to global markets are set to continue this week are set to continue with all eyes on the Federal Reserve this week. The big question is whether the meltdown reflects deeper problems with the US economy that go beyond subprime.
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- Fuel Ghoul: Zero Emission Cars Available Soon (in India)
  Posted by roberrific
  MDI and Tata Motors contract to produce the Mini CAT and the City CAT, two cars that run on compressed air, for the Indian subcontinent.
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- The Subprime Bait and Switch
  Posted by Damianmann from In These Times
  The hope for subprime boosters was that such loans would allow the mortgage industry to continue business as usual while at the same time meeting government mandates for fair and affordable housing.
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- Inequality's Crusaders: The Rich Are Different From You And Me
  Posted by ptristam from Pierre Tristam
  In America these days, it’s the best of all worlds… for the top 10 percent: the rich are getting richer, and they’re plotting against the poor and the middle class.
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- China's high-speed economy: will there be a car crash?
  Posted by SoxFirst
  Is China’s high-speed economy headed for a car crash? What are the chances of China’s engine getting a power supply, hardware or software failure because of governance, corruption, banking, budget problems, or social unrest?
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- Dollar sinks to record low against euro
  Posted by Jeff from MSNBC
  Americans are getting poorer: The euro hit $1.3682, shooting past its previous high of $1.3667 from December 2004, after the U.S. Commerce Department reported that economic growth slowed to a 1.3 percent annual rate in the first quarter, its weakest performance in four years.
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- Nail that siding tight! Metal thieves grow brash
  Posted by Jeff from Christian Science Monitor
  Sign of a bad economy? Thieves have been stealing catalytic converters across the region, including some from the same guarded parking lot in Silicon Valley. The pilfered parts are sold to scrap metal recyclers, some of whom will pay $50 to $100 for the precious metals inside. The spree is part of the widespread and rapidly growing crime of metal theft.
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Damianmann comments on:
Top Government Official Says US on Verge of Economic Disaster

I try to focus on the “happy” stories

Reply »
2:58 pm 10/29/06

Just Said
Top Posters

SoxFirst
Member since Sep 2008
Leon Gettler is a blogger and senior business journalist at The Age, specializing on management issues. His latest book, Organisations Behaving Badly focuses on the forces that lead smart executives into making dumb decisions.
Melbourne
marcuscrockett2
Member since Sep 2008
Founder and President of Appreciating Assets, LLC and wealth media site that provides news, inspiration and education about wealth building.
No city
rpairan
Member since Sep 2008
Durant
Damianmann
Member since Sep 2008
Damian is a former campaign worker for Ralph Nader and current delegate/precinct captain for Barack Obama . He is also a registered Independent voter. He's written columns for "Tabula Rasa" magazine as well as many music magazines around the globe. Whatever you do, don't offer him alcohol.
Houston
Jeff
Member since Sep 2008
Jeff is the founder of NewsCloud. He is also a freelance writer and blogs at Idealog.
Seattle

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Economy

Damianmann comments on: