February 21, 2011 · 2 comments
in 2011, Africa, Egypt, February, Middle East, collapse, economy, employment income, forecasts, indicators, legislation, living in US, news and updates, revolution, riots, risk, taxes, unions, workers, world order
Protests in Madison, Wisconsin (USA) would otherwise appear to be a home-grown, Tea-Partyish type of movement (indeed, Tea Partiers were a large contingent protesting in support of the bill) were it not for the past two weeks of protests that appear to be spreading (if not necessarily “escalating”) throughout much of the Middle East, and [...]
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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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According to Michael Dechter, Canadians should look at their income trusts in terms of the business they operate to decide whether they will still be good investments following the 2011 conversion to corporations.
Dechter says that the investment will continue to be good whether or not the company decides to convert so long as the underlying [...]
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May 7, 2010 · 4 comments
in Greece, S&P 500, S&P/TSX, debt, europe, exchange rates, foreign investment, forex, government, international economy, international stock market, legislation, market crash, market reports, market trends, news and updates, risk, stock exchanges, world order
Is Greece triggering the double-dip? Yesterday’s several-hundred point dive in the stock markets globally was said to be the result of a “fat finger” typo – someone, a really big trader (eg., Citibank), typed in 15 “billion” of futures contracts instead of 15 “million” somewhere.
And is this the new kamikaze capitalism – where you don’t [...]
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April 28, 2010 · 3 comments
in Greece, bailout, banks, capitalism, central banks, credit, currencies, debt, economy, ethics, europe, foreign investment, government, interest rates, international economy, legislation, market reports, news and updates, politics, recession, regulation, risk, sovereign debt, taxes, world order, world reserve currency
If you’re in the U.S., you may be justified in blaming your banking industry (you definitely are), but just make sure that you know you’re talking specifically about U.S. banks. Not all banks around the world screwed everyone over.
Let me remind you that banking cultures are very different around the world. They don’t all set [...]
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Canadian business income trusts won’t all turn into pumpkins at the strike of midnight on December 31, 2010. In most cases, you will be aware of what will be happening long before that.
I’m not a taxation expert, but I’ll cover a few of the scenarios I know about here. Consider these points before you think [...]
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