A look at the news as the financial crisis deepens and risks turning into a full scale depression.
Recent PostsThe current economic crisis seems to have brought a lot of joy to the anti-capitalism brigade. I am starting to hear in the news about how these people feel vindicated 10 years on from their protests in Seattle. They said then that capitalism would f...
The First Whinging letter was sent yesterday from Jake DeSantis who works for AIG Financial Products - the deivision responsible for racking up the losses in CDS trades that killed the firm to a large extent. It was published in the NY Times Yesterda...
The latest plan to emerge stateside to save the now drowning banks is what Treasury Secretary Tim Geithner calls a Public-Private Investment Program. In many ways this is just a repackaging of the Bad Bank idea. Geithner has tried to present the idea...
Obama to mark the Persian New Year, Navroz, put out an appeal to the Iranian people using youtube. You can see the video below :Upon first looks this is commendable. However some careful analysis suggests that this is a very misguided approach that h...
The US House passed a 90% tax on bonuses at firms that took bailout money. Immediately we started hearing cries of "socialism" and the "end of free market capitalism". These statements are pure nonsense. These same people who are so vehemently oppose...
I came across this on wikileaks, basically seems to be a story on how The Guradian obtained some documents which they published on their website which were then removed once Barclays obtained a court order for this. Why were Barclays so concerned? Si...
This blog is currently rated a 5.00 out of a possible 5 based on 3 comments.
duniyahAniket Thanks for your kind comment. I'm trying to keep it as upto date as possible as I kind of have the idea that it could be quite interesting to review the evolution of the crisis in a years time and how i saw things at the time - kind of like a diary of the economy from my perspective.
Aniket KanadeThanks for the comment on my blog.
I've been reading your blog for quite some time - very insightful. Also, you are keeping it well updated with recent news.
My blog discussed current topics concerning most people; the recession, economic…
This blog is not about the recession,it is about what happens after the recessio…
The Blog europeanfinance is a reference point to stay updated on Finance. Update…
This is an excellent blog full of useful information and updated economic news. the quality of the post are fantastic and I look forward to reading and learning more!
Two thumbs up!
Posted: February 13th, 2009 | More Reviews From danielng | Report This Comment