Tag Archive for Wall Street

VIDEO: Income inequality a global issue says Ruchir Sharma

Ruchir Sharma is the head of emerging markets for Morgan Stanley Investment Management and the author of “Breakout Nations: In Pursuit of the Next Economic Miracles.” He told Wonkblog one-third of American companies’ earnings come from overseas, showing competitiveness. The disconnect, he said, is with weak U.S. job growth.

Coruption, Banking Cartels and You

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By Eric Garces Do you remember the good old days when banks used to be responsible stewards of capital, paying depositors a fair rate which exceeded inflation, and making sensible loans to creditworthy businesses and individuals? I don’t either. Instead, lets take a look at just what the banking scum HAS done to the world.…

Dow Jones Plummets (again), and the Rest of the World Goes With it

With the news of all the downgrades, Bank of America, Wells Fargo and Citigroup all saw their credit ratings lowered by varying degrees, the Dow Jones chart you see here is an indication of how the world’s markets have reacted.   [wikichart align="right" ticker="DJI" showannotations="true" livequote="true" startdate="20-09-2011" enddate="23-09-2011" width="550" height="245"]