All Posts Tagged With: "United Nations Conference on Trade and Development"

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US Dollar As Reserve Currency Not Working Very Well

Their report makes some of the right noises, “The dollar-based reserve system is increasingly challenged.” Hmm, a slight understatement there. If “increasingly challenged” is a euphemism for “dead” then we’d agree.

But we don’t think that’s what they mean.

September 10th, 2009 | Kris Sayce | 38 comments | Continued
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Financial World Has Every Reason to Encourage Government Stimulus

Besides, the limits on executive compensation are window-dressing for public (voter) consumption. With bonuses limited by statute, we reckon more compensation for the financial industry will move back to stock option grants. That means for the financial industry to preserve its privileged status, stock prices have to move higher.

September 8th, 2009 | Dan Denning | 6 comments | Continued
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