It's Friday Night! Party Time! Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy!
Below is Naomi Klein discussing globalization and multinational corporations' marketing and branding strategies. Love your iPhone? Google it if you don't understand.
It's Friday Night! Party Time! Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy!
Considering how Lehman Brothers is looking good to be the new Enron, revisiting memory lane on the last $200 billion dollar Wall Street debacle is in order. Amazing isn't it? Ten years later and all that has happened is we get to have new Economic Armageddons that are 100 times worse.
It's Friday Night! Party Time! Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy!
The good news is more and more people are recording lectures, forums and talks and putting them online. There were two major conferences where some of the clips are online that I believe EP readers will want to watch.
It's Friday Night! Party Time! Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy!
Eamonn Fingleton is a writer and journalist who has focused heavily on manufacturing and economic development. Fingleton also called out what later would discovered to be hype bubbles,, crashes and crises. He called globalization Unsustainable and Dogma, and surprise, surprise, here we are. The real problem is why we cannot get all of these experts listened to, that said, you can listen to him!
It's Friday Night! Party Time! Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy!
Below is a talk on the actual mathematical models behind credit default swaps, credit default obligations and a very "Pro" Quant MIT Professor, Dr. Andrew Lo describing the mess. Here are some slides from a talk on the same topic. Now I do blame the mathematical models themselves, sorry we've looked at the mathematics, but this guy is a Financial Engineering Professor, so listening to his views and insights one must, as well as not discredit human nature as he points out. Lo has also testified before Congress on systemic risk. Here is the actual testimony with select quotes extracted and Baseline Scenario pulling out some quotes as well.
Are Mathematical Models the Cause of the Financial Crisis in the Global Economy?
It's Friday Night! Party Time! Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy!
First up is a very good interview of Stiglitz by trade expert Lori Wallach on the Financial Crisis. Book TV doesn't believe in embedding so just click on the image or click here to watch the interview.
It's Friday Night! Party Time! Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy!
You may not connect airline safety with globalization, labor arbitrage and offshore outsourcing, but....they are. The more corporations squeeze the more workers are less skilled and the more corners are cut. Why do a good job when the only thing a corporations sees is a $ sign tattooed on your forehead? Even worse how can one do a good job when corporations won't pay for the training and conditions required to do so?
It's Friday Night! Party Time! Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy!
25 Million Pounds is an Adam Curtis documentary on Nick Leeson and the collapse of Barings Bank. This happened in 1995 where one rogue trader, Nick Leeson, through futures trading, brought down the entire bank. Think about this and then Enron, WorldCom, Dot Con and now our current debacle and may I suggest all simply get over their Conservative/Liberal/Tea Party/Netroots/Progressive/Populist/GOP/Dem/Green/Contitution/Capitalism/Socialism/Libertarianism divide, all join forces and demand we get real financial reform? We've gone from one rogue trader to as an entire global sector....rogue trading as general practice. Enjoy.
It's Friday Night! Party Time! Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy!
I was reminded of Monsanto again when I came across this this article putting Monsanto, once again, as one of the least ethical corporations of the world. (Oh yeah, ignore the list, any technical professional knows IBM has no ethics and either does Intel, so if that's the best....we're in big trouble!)
It's Friday Night! Party Time! Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy!
This week isn't a full bore film but a series of interviews, with most, save one, from Bill Moyer's Journal.
Simon Johnson
First up in this interview with Simon Johnson saying the financial crisis is just beginning. The Big 6 banks' balance sheet is now equal to 60% of GDP and Johnson believes because of the carry trade and reckless Zombie banks who now have cheap money to dump into emerging markets.
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