Economy

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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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- Late mortgage payments at 3½ year high - Real Estate
  Posted by Jeff from MSNBC
  From the long time coming department: "Late mortgage payments shot up to a 3½-year high in the final quarter of last year and new foreclosures surged to a record high as borrowers with tarnished credit histories had trouble keeping up with their monthly payments."
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- In interview with Cheney, Stephanopoulos let White House have it both ways on Iraq violence, highlighted only positive economic news
  Posted by newscloud from Media Matters
  During his November 3 interview with Vice President Dick Cheney, portions of which aired on the November 3 edition of ABC's World News, ABC News chief Washington correspondent George Stephanopoulos prompted Cheney to again blame the recent upsurge of violence in Iraq on an insurgent "strategy" ...
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- Top Government Official Says US on Verge of Economic Disaster
  Posted by Damianmann from Truth Out
  A dirty little secret everyone in Washington knows, or at least should. The vast majority of economists and budget analysts agree: The ship of state is on a disastrous course, and will founder on the reefs of economic disaster if nothing is done to correct it.
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- Bill Maher and Joe Scarborough Talk Bush, Pelosi & ‘08
  Posted by newscloud from Crooks and Liars
  Bill Maher was on Scarborough Country last night and talked about Bush's incompetence, the labeling of Nancy Pelosi as an "arch-liberal" and Barack Obama's 2008 aspirations. Video WMP | Video MOV I agree with Bill that someone like Tom Delay is far mor...
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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

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2:58 pm 10/29/06

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SoxFirst
Member since Jul 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
Jeff
Member since Jul 2008
Jeff is the founder of NewsCloud. He is also a freelance writer and blogs at Idealog.
Seattle
tommyg
Member since Jul 2008
No city
marcuscrockett2
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mediacodex
Member since Jul 2008
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Economy

Damianmann comments on: