News from around the web: 2009-10-25
"European Union concerns that Germany rigged the sale to Magna to save jobs"
Same thing is happening in the states
Don’t run out and trade away from US assets just yet
Stephen Roach: "This whole exchange rate issue is a red-herring."
"Jack Bogle published "The Battle for the Soul of Capitalism" four years ago. The battle’s over. The sequel should be titled: "Capitalism Died a Lost Soul." Worse, we’ve lost "America’s Soul." And, worldwide, the consequences will be catastrophic."
Jeremy Grantham: "This is like looting." Strong words on Goldman here
Also see these charts: https://bit.ly/HAfBI
Video on page
More bad jobs data here. Wow.
And w/o stimulus?
H/T Ryan Avent
This is exactly right.
From Glamour Mag circa 1968
H/T Raisa. "The truth is, women haven’t come nearly as far as we would have predicted 25 years ago. Somewhere along the line, especially in recent years, progress for women has stalled. And attitudes have taken a giant leap backward."
Distraction of the Day: A British granny goes off! – I hope that newspaper didn’t hurt too much. Don’t mess with granny.