Archive for the 'Economics' Category

Video: Why the Bailout won’t work

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This video has just been published but reality at the stock markets around the world has already been showing us how true some of these statements actually are.

The video puts the so-called 700 Billion bankers pensions and further profit plan Bailout plan into perspective with the Trillion Dollars Pentagon SNAFU, the actual size of the crisis (we have reported about that earlier) and the amounts currently being flooded into the banks / markets by the FED…

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Animation: The Hidden Cost of War

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A great infographics animation providing a break-down of the real cost of the Iraq war to the U.S. Economy and society.

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How much is One Billion

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There have been quite a few comparisons what could be done with USD 700 Billions (700,000,000,000 Dollar) instead of assuring fat profits for a few – health insurance for all, fight poverty in Africa for ten years, save the planet instead of the bankers, pay for the work of more than 22 Million people for one year – but the best examples to visualize and put back into perspective how much only one Billion alone is, we listed below…

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USA: Let’s play Wall Street Bailout

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A very interesting speech by Rep. Marcy Kaptur (D-Ohio) during the congress debate on the so-called Bailout (transcript below)…

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Data-Visualization: Goodie Woodie

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A beautiful animation visualizing the basics of how stock markets work.

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Comedy: Bird & Fortune – Subprime Crisis

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In one of their greatest sketches from this year the Long Johns describe the key concepts behind the subprime crisis. This is a few months old so they still talk about Bear Sterns as a live company.

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