Tag Archives: ghost town

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 receive taxpayer funds

• HSBC faces another crisis due to exposure to US consumer

• US personal bankruptcies soar despite 2005 debt laws

• Singapore’s economy plummets 20 percent in first quarter

Updates:

• Germany bans GM corn

• BlackRock confirms Goldman Q1 profits were result of taxpayer to AIG wealth transfer conduit

• How to puff up earnings Goldman Sachs style

• Halifax offering 120 pc remortgages to ‘rescue’ borrowers in negative equity