Nov
16
Facebook has confirmed that a "coordinated spam attack" has been sending hardcore porn and gore into Facebook users' news feeds. Facebook users are making all sorts of complaints about…
Nov
14
We now have reports that there is more than a 50 per cent chance that United States will experience another recession in early 2012. Now of course, the US economy hasn't exactly been booming sin…
Nov
13
Markets have been pretty upbeat with Berlusconi quitting as Italian PM and Greece getting a new government but Barron's reports that Gluskin Sheff's chief economist and strategist David Rose…
Nov
12
Democracy in Europe is no more. The New York Times has a piece on how unelected technocrats have been called in to pull Europe back from the brink of chaos. In other words, leaders who were elected …
Nov
10
With all the agony now going on about the Eurozone, a lot of the attention is now shifting to France. Former British Prime Minister Gordon Brown says France will be the next victim of the sovereign …
Nov
10
We are now witnessing game changing events in Europe. Silvio Berlusconi is gone but markets are worried about an Italian default. Interest rates on Italian bonds have risen above seven per cent, a n…
Nov
09
Don't expect China to bail out the West, they have enough problems of their own. Some commentators are still saying it makes sense because a stable Euro would give Chinese policymakers time to d…
Nov
07
If the politicians don't get rid of Silvio Berlusconi, the bond market will. The Wall Street Journal reports that Italy is now on the edge because bond yields have reached the limit, the sign th…
Nov
07
A record number of people in the world's richest country – 49.1 million – are now living in poverty, reports Associated Press, created by unemployment locked in at 9.1 per cent and the US housin…
Nov
03
Nearly 46 million Americans are now taking food stamps. Those numbers are up 8.1 per cent over the past year. Indeed, nearly 15 per cent of people living in the world's richest country were depe…