The verdict is in. The Fed's emergency rate cuts in January have failed to halt the downward spiral towards a full-blown debt deflation. Much more drastic action will be needed.
Read more »The Federal Reserve's rescue has failed
Category: Fallout Tags:
Greenspan: No economic growth; oil boom 'forever'
U.S. economic growth has stalled and recovery may take longer than usual, former U.S. Federal Reserve chairman Alan Greenspan said on Monday.
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Economic stimulus plan - What to do with the rebate?
I know the objective of the stimulus plan is to give the economy a jump-start through consumer spending (anticipated to be heavy on retail). I don't plan on heading that route, rather I wish to make a sound investment or alleviate debt.
Read more »Category: Personal Finance Tags:
Building a Recession-Resistant Portfolio
I want to add another layer of recession evidence in this article. More importantly, I want to give you a few ideas so you can defend your portfolio just in case any recession cuts deep.
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Netflix Raises Q1 2008 Guidance
A bit of good news for once: Netflix (NFLX) shares are headed higher Wednesday morning after the company provided an upward revision of first quarter and 2008 guidance.
Read more »[Video] Meet the Founders of "China's YouTube" Tudou.com
Interview with Gary Wang and Marc Van der Chijs, founders of Tudou.com - China's most popular video sharing site.
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