Ken Silverstein: KEN SILVERSTEINThe Financial Crisis, the IMF and Karl Marx May 6, 2009
Posted by assetbubbles in Asset Bubbles.Tags: Business, Current Issue, IMF, Piece, Recovery, Simon Johnson, The Quiet Coup:
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Another good piece of writing by Ken Silverstein of the Harper’s Magazine.
The Atlantic has a good piece in its current issue called The Quiet Coup: How bankers took power, and how theyre impeding recovery , written by a former IMF official named Simon Johnson. He describes the U.S. as potentially an emerging banana republic, saying, [E]lite business interestsfinanciers, in the case of the U.S.played a central role in creating the crisis, making ever-larger gamb…
Construction jobs disappearing (Crain’s Cleveland Business) May 4, 2009
Posted by assetbubbles in Asset Bubbles.Tags: Jobs, Local, Real Estate, Recession, Sector
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Another great article by Alexander Coolidge of Crain’s Cleveland Business.
In the two years since the real estate bubble burst and sent the broader economy into recession, local construction jobs are disappearing at a faster rate than any other local job sector – surpassing manufacturing as the region’s most rapid job loser.
