Jobs Crisis Threatens World Peace
What began initially as the Global Financial Crisis has now become the Global Economic Crisis. The global demand destruction that is raging is now leading to a massive jobs crisis that will ravage the...
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Nouriel Roubini Speaks Truth to Power
When media reports surfaced last week claiming that the prophet of doom of the Global Economic Crisis, NYU economics professor Nouriel Roubini, had “improved” upon his previously gloomy economic...
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How To Shrink the Unemployment Rate Through More Job Losses
When President Obama trumpeted the first “decline” in the national unemployment rate in more than a year, I thought for a moment that the 44th U.S. president was residing in an alternative universe....
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Controversy Over U.S. Unemployment Rate Masks The Real Issue Underlying...
The Bureau of Labor Statistics latest jobs report suggested 114,000 non-farm jobs were added in September, while the national unemployment rate dropped from 8.1 percent to 7.8 percent. With the U.S....
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The Dow Jones At 14,000: Party Before The Storm?
With the Dow Jones having reached 14,000, it can be said that the worst losses on the index since 2008 have been made whole. But does that mean the global economic crisis is over? Hardly, as what we...
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