Driving Off a Cliff?
Donald Trump’s tariffs will make the U.S. auto industry less competitive and leave the industry out of step with the auto market's shift to EVs.
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Britain Is Facing Return of Three-Day Week
Another from the Independent: Britain is facing return of three-day week Shorter hours would be preferable to mass unemployment, say
Meanwhile, in China...
From The Observer: China fears riots will spread as boom goes sour Today millions will leave the cities to return
Icelanders Force Change
Of regime, anyway. But it's a hopeful sign that more people even in developed, consumerist societies aren'
EFCA: Missing the Forest for the Trees?
Interesting Washington Monthly piece, courtesy again of LBO Talk. Here's the conclusion (one that reinforces much of what
Bankers Try To Quote Marx
And are as inept at that as they have been in analyzing Collateralized Debt Obligations. A post from Doug Henwood&
Bankruptcy Doesn't Mean No Bonus
Merrill Lynch is under NY Attorney General Andrew Cuomo's spotlight after doling out billions in year-end bonuses just
California Unemployment Spikes
If California were a country, it's GDP would place it among the 10 largest nation's in
Merrill CEO Shopped While Company Burned
From the Daily Beast: In early 2008, just as Merrill Lynch CEO John Thain was preparing to slash expenses, cut
Thanks for Nothing....
From Bloomberg: RBS Taxes, Hailed as Contribution to Society, Erased by Rescue By Simon Clark Jan. 23 (Bloomberg) -- Fred
Closures and Layoffs: Jan 18-24
The latest from Mark Heschmeyer of CoStar. Closures & Layoffs (Jan. 18-24); After Holiday Retail Layoffs Begin A Weekly Report
States Need Bailouts Too
From the Economic Policy Institute: Economic Snapshot for January 21, 2009 In recessions, federal grants are key to recovery for
Single-Payer Job Recovery (Cal Nurses)
What looks to be an impressive study from the California Nurses Association. Hat-tip to Dr. Christine Adams of Health Care