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February 26, 2012
finally, if you thought american debt was worthless, think again. ill explain. but first, heres my take. the american economy seems to have picked up. the dow jones industrial average is hovering around 13,000, the highest since the financial crisis began in may 2008. the nasdaq is actually at its highest level since the technology bubble burst more than a decade ago. now, stock prices around everything, but data from the economy on the ground is also slowly getting better. jobless c...
January 30, 2012
the honor murders took place in june 2009. they found that mohammed shafia killed three of his teenage daughters and his first wife. all three were sentenced to life in prison with no chance of parole. bloody sunday in syria. 64 people were killed. heavy clashes were reported right outside the capitol, damascus. limited access to the country prevents cnn from independently verifying these reports. those are the headlines from cnn, the worlds business leader. im zain verjee and show s...
February 23, 2011
Shocks. >> like the libya thing. >> that exacerbates things. if businesses start to hold more inventory at the margin just out of protection, that deed mand can cause prices to spike, so what happens is when you get money printing, it makes speculators out of everyone. when we had money printing in the 90s tooks went up. in the middle part it was real estate. now its working its way into commodities. now that prices have start to do go up, peoples minds and attitudes have changed and now all hel...