Tag: Economy
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at the base of the pyramid: creating the market for poor consumers
from wall st journal: Around the world, four billion people live in poverty. And Western companies are struggling to turn them into customers. For the past decade, business visionaries have argued that these people, dubbed the Base of the Pyramid, make up an enormous, untapped market. Some of the world’s biggest, savviest corporations have aimed…
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bank failures hit 106 for year; many more are weak
from ap: It’s a big number that only tells part of the story. The number of banks that have failed so far this year topped 100 on Friday — hitting 106 by the end of the day — the most in nearly two decades. But the trouble in the banking system from bad loans and…
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broken trust: wall street’s dead end
here is the amazing new video version of media monarchy’s interview w/ richard grove of tragedyandhope.com … download part1 & part2 from blip.tv … hi-quality versions are available on archive.org w/ more versions on the way … also thanks to 9/11 blogger for helping spread this important work. update: youtube videos & playlist now available…
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econocrash: bombs, bailouts, banksters & biden
how did america fall so fast?*billionaire, executives charged with insider trading; including intel & ibm*cali bank becomes 99th in US to be shut in 2009*canadian dollar climbs toward parity with dollar; 14-month high*russia & iran now officially talking of dumping dollar for intl trade*nytimes to cut 100 newsroom jobs*22 reasons why this recession is different…
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corbett report: episode103 – the smart grid cometh
from corbett report: It’s becoming a smart planet, but are you ready for ubiquitous computing, ambient intelligence, everyware and the internet of things? Get informed about the technology which is about to change our lives forever on this week’s episode of The Corbett Report. download episode103 [52.8mb mp3] related updates: medical records – stored in…
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interview w/ zachary fillingham of geopoliticalmonitor.com
the latest special interview episode from media monarchy features a conversation with zachary fillingham of geopoliticalmonitor.com & zacwrites.com. this hour-long talk spans the globe as we learn that countries are merely a collection of interest groups; while some nations actions are ruthlessly pragmatic, others are foolishly idealistic. a quick look at geopolitical monitor let’s me…
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econocrash: dead malls, dead dollars & dead ceo’s
the world’s largest shopping mall – is empty*uk faced ‘bank runs, riots’ as rbs & hbos neared collapse*timmy’s telephone travesty:geithner only talks to goldman, citi & morgan*’death bonds’: wall street’s shocking new plan to reap billions off dying americans*kaptur: there has been a financial coup d’etat*US dollar: condition terminal*dollar reaches breaking point; banks shift reserves*gold:…
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US military ‘spreading death’ & meeting its recruitment goals
from russia today: Death rather than nation building – that’s what the U.S. army brought to Iraq and is bringing to Afghanistan according to former army sergeant and anti-war activist Matthis Chiroux. He shared his views on the U.S. military campaigns with RT’s Marina Portnaya. bleak US job market boosts military recruitment from reuters: Aided…
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econocrash: secret deals, suicides & saturn shutdown
US secretly tried to make deal with goldman during collapse*35m americans on food stamps: 12% of US, highest since records kept in ’69*smartphones blamed for rash of france telecom suicides*hedge fund executive’s escalator fall ruled accidental*US census bureau report: 40m living in poverty*penske deal fails & gm moves to close saturn*gm to shut down saturn…
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econocrash: 10 looming bankruptcies + fdic & unemployment
10 big companies teetering towards bankruptcy from business insider: A new report by Audit Integrity identifies some high-profile names “that have the highest probability of declaring bankruptcy among publicly traded firms.” … 1. Hertz: When you have tons of debt financing your fleet of cars, falling rental demand really hurts. 2. Textron:What a tough time…
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Econocrash: Yes We Cannabis! + Blockbusted & Breadlines
Some people cancel holidays abroad, others stage yard sales or start shopping at low-cost supermarkets. To that list must now be added a new way to get through economic hard times: grow cannabis.
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9/10 newspurge: everything else & after
a year after financial crisis, a new world order emerges // from a porch in montana, low-power radio’s voice rises // s carolina rep wilson shouts ‘you lie’ at obama // mock hijacks play out over canada & US // ground broken on $3.4b homeland security complex
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Kraft Attempts Buyout of Cadbury for $16.7B
Kraft played down speculation on Tuesday that it would be prepared to raise its offer for Cadbury PLC, after the British chocolate company rejected its 10.2 billion pound ($16.7 billion) offer.

