November 8, 2010 · 4 comments
in 2010, China, G20, GoldMoney, USD, World Bank, central banks, forex, gold, international economy, leadership, legislation, world order, world reserve currency
The World Bank may lead the rest of us back on to the gold standard a lot sooner than we think. World Bank head Robert Zoellick suggested over the weekend (and for the second time) that the G20 should consider making gold the global reserve currency as part of some major structural changes to the [...]
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October 18, 2010 · 5 comments
in CEO pay, Federal Reserve, Timothy Geithner, US Treasury, US economy, bailout, banks, brokers, bubble, central banks, collapse, ethics, executive compensation, films, financial education, government, leadership, money lessons, regulation, reviews, risk, wealth transfer
Review of The Inside Job by Charles Ferguson (2010).
Despite the fact that it’s a trite truism that Wall Street is fueled by greed and “greed makes the world – or at least the markets – go round,” it’s merely the tip of the iceberg of moral depravity and social corruption that has been exposed on [...]
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Here’s a brief rundown of some of the (very broad) possibilities for making a living (please fill me in if I’ve overlooked one – I’m sure I have):
you work for someone else, but you love your job or feel fulfilled
you work for someone else, it’s ok, but you can’t complain
you work for someone else and [...]
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Yesterday I listened in on an “author teleseminar” featuring Tim Ferriss (Four Hour Work Week), Guy Kawasaki (How To Change The World) and Keith Ferazzi (author of Never Eat Alone and Who’s Got Your Back?). The call lasted about an hour. The topic was about creating “lifeline” relationships – a small, close circle of advisors [...]
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