Business News- Postbubble Economies do not fully recover- American thinker- #bzx7 #1xdl
7. September 2009 by admin.
Wall Street Payoff- the bubble bursters get govt bailouts- american thinker http://bit.ly/A8WOq Source: American Thinker
Two graphs demonstrate the startling reality for post-bubble-bursting moments in economic history, the first shows Japan’s peak up to the crash of 1990, and the second shows the Nasdaq results after its bubble-bursting crash of 1995. In both instances, the pre-bubble heights are never equalled, with around 50% of the peak’s value being retained post-bubble-burst.
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Business News- Japan surplus declines by $13 bil
Japan Current-Accout Surplus narrows on export side-source trigeia http://bit.ly/8Oc8o ”The surplus declined to 1.266 trillion yen ($13.6 billion) from a year earlier, after widening in June for the first time since February 2008, the Ministry of Finance said in Tokyo today.”- from Trigeia
Business News- G20 to call for banker pay limits
G20 to call for banker pay limits http://bit.ly/1bbC0rThe G20 will stick its nose in regulation affairs at Pittsburg, Pa, where world leaders are expected to call for worldwide standards on banking compensations. This is seen by some as a further erosion of American sovereignty at the hands of internationalists, but others laud the move as a needed measure to give confidence to world markets.
Business News- Ford Success- Boeing’s Loss- Alan Mulally
Boeing’s Loss is Ford-s gain- the main behind the Ford revival http://bit.ly/E8pvh source- daily beastAlan Mulally, the architect of Ford’s revivial, which included over an unexpected $2 bil plus profit in the last quarter, was rejected by Boeing before landing at Ford. Now, Boeing’s dreamliner project is going to assume “forward losses” while Ford experiences new life, outperforming the two government-owned american car comapnies, GM and Chrysler.
Russian Oil Production passes Saudis- peak oil http://bit.ly/HYj0g With Russian Oil Production now surpassing Saudi Arabia, and numerous major discoveries of new oil reserves and natural gas reserves around the world. the picture for oil is changing from little supply and growing demand to growing supplies and shrinking demands. Could this help usher in a worldwide recovery? Will nations like Russia let that happpen?
