Feb 16 How Does the Current Deficit Compare to Past Deficits? Question: How does the current deficit compare to past deficits as related to the economy as a whole? Is this really a historically large deficit when adjusted for inflation? How different is it really, especially when you consider huge executive… Continue reading
Feb 16 Watch In Cairo's Trash City, School Teaches Reading, Recycling For generations, the Zabaleen people have hauled away Cairo's refuse and lived on the fringes of society. But thanks to an enterprising recycling school, the poor and mostly illiterate inhabitants of "Trash City" are receiving education and job training for… Continue watching
Feb 16 Watch Greece Faces Debt Deadlines as Financial Markets Watch the EU Greece has one month to take urgent measures to rein in its debt problems and less time to share information about its currency swaps, EU finance ministers said Tuesday. Jeffrey Brown talks to finance experts Scheherazad Rehman and Simon Johnson. Continue watching
Feb 16 Watch News Wrap: Iran Threatens Reprisal for Nuclear Sanctions In other news Tuesday, Iranian President Mahmoud Ahmadinejad warned that Tehran would swiftly counter any new sanctions placed against it and Russia joined the U.S. and France to urge Iran to stop enriching uranium. Continue watching
Feb 15 Is the Problem the Size of Banks or Their Interconnection? Question: Is the problem the size of individual banks or their interconnection? One problem that was mentioned during the bailout was that if one bank went down, it would take the rest with it. So if the banks were smaller,… Continue reading
Feb 12 Watch Is Taxpayer Money Behind Profits at Goldman Sachs? How Goldman Sachs Turned Tax Money Into Profits… Continue watching
Feb 12 A Follow-up on Front-Running Paul Solman: In the wake of considerable reaction to last night’s Goldman piece in what my mother derisively called “cyberspace,” a brief anecdote, before all is forgotten in the wake of tonight’s Goldman II. Forgive me if I’ve mentioned… Continue reading
Feb 12 Is There a Better Term for Moral Hazard? Question: Paul, Thank you for your excellent explanation of moral hazard. I checked many other sources before I found your website and only found confusing definitions. The main problem is that the phrase “moral hazard” does not seem well… Continue reading
Feb 12 Haiti's Farms Sow Hope for Rebuilding A new push to improve Haiti's struggling agricultural sector could provide jobs for many people displaced after January's earthquake. But the nation's farmland is limited in supply and often degraded of nutrients. Continue reading
Feb 11 Watch Unraveling the Profit Puzzle at Goldman Sachs Making Sen$e: Inside Goldman Sachs, Record Profits… Continue watching