Bank Transfer Day was this past weekend. Even now, people around the world are looking at their bank account thinking, maybe I dont want my money with these guys. What are the alternatives? Many will say "all banks are the same" as a way of justifying not doing anything....
It is neither the first nor the last battle on the streets of Athens this year. But today is the day the public has surrounded parliament as the government tries to pass more measures to cut costs, jobs, services, etc, in order to address the mind-blowing debt the country...
The latest edition of the This American Life podcast has one of the best portraits and break-downs of the so-called subprime mortgage crisis. I say it is one of the best because, as TAL is good at doing, it puts the very human face on both who lends this...
Anyone who is paying any attention knows a bit about how China is bankrolling the ballooning US debt, on a government and individual citizen level. If this somehow shocks you I can recommend a dose of Karmabanque Radio, who cleverly titled their recent program Mao-santo... hahah. Then of course...
