Day: March 25, 2009

March 25, 2009

Stop the Bailouts, Stop the Cuts

I was going to title this piece "Failure of CanWest = Failure of Conservatives = Failure of Capitalism", but that was too long.  And … given that the Cons are still in control of this country, the focus should instead be on the level of ripe corruption that is really annoying me. Before I go on, follow this link, express your ‘regrets’ with this call […]

March 25, 2009

China Calls for New Reserve Currency

Original story here . In time, everyone will be calling for a more international approach to pricing everyting, including commodities, goods and services and maybe even US securities. This doesn’t bode well, of course, for the world’s largest printing press and the state of borrowing in the US. Potential outcomes:  a big drop in the value of the US currency on the global stage, a […]