24th February 2012
First it was the publishing, and then it was the auto and banking industry, now its Hollywood's turn to feel the deflationary forces brought about by "the internet combined with the pressures of a four year period of elevated unemployment levels." The Reformed Broker
Yesterday's announcement that Argentina recorded an increase in its trade surplus of 7.2% is nothing to celebrate because it was driven by government restrictions on imports not a boom in exports. Beyond Brics
An extinct business offers modern economic lessons about "the triumph of technology, the future of work, and the inevitable decline of industries that might not be worth saving." Business: The Atlantic
The Volcker Rule (a proposal that restricts banks whose deposits are federally insured from trading for their own benefit) may create a divided world where the old investment banks i.e. Goldman Sachs and Morgan Stanley are challenged by upstarts not limited by the rule. Deal Professor
By allowing its lenders to have the right to seize its gold reserves, Greece may not be able spare the "agony of a completely worthless currency." Mish's Global Economic Trend Analysis
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