Stacy Summary: Good morning, y’all! Here are some stories I am reading this morning . . .
The GDP Mirage: The Last Hurrah (Mish)
Battle of the Titans: JPMorgan vs Goldman Sachs (Ellen Brown, Huffpo)
Radical Inequality is Killing Us, Literally (Alternet)
Tags: gdp · mirage · radical inequality
Stacy Summary: GDP up 3.5%.
Tags: gdp
Stacy Summary: Another day, another headline outlining the devastating consequences of monopoly and monoculture. First the ‘too big to fail’ banks wiped out the financial system, now the identikit towns across the UK (and US no doubt) are threatening the spread of ‘ghost towns.’
Retail monopolies warn of UK ‘ghost towns’ if they don’t [...]
Tags: 2005 bankruptcy laws · aig · gdp · germany · ghost town · gm corn · goldman sachs · halifax · hbos · hsbc · monoculture · negative equity · retail monopoly · singapore