It's not all gloom-and-doom as far as the downturn goes, I guess... "Worker Fatalities Fall 17% on Decline in Construction Deaths" (Bloomberg) U.S. workplace deaths fell 17 percent in 2009 to a record low on a decline in construction fatalities,...
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Posts Tagged ‘ Social Conditions ’
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The Upside of the Downside
Moving Away from Conspicuous Consumption
The relentless consumerism of the good old days -- i.e., before the financial crisis hit -- seemed as natural as Apple pie. Now, though, it's becoming apparent that the spending habits of old were more a factor of cheap money...
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A Newfound Flexibility
It's been said that everyone has a price. For politicians and policymakers, the price of a major fiscal crisis is a willingness to abandon principles, join hands with arch rivals, and readily redefine what is and isn't acceptable behavior, as...
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No Surprise at All
Policymaker like U.S. Treasury Secretary Timothy Geithner must find it awfully frustrating that no matter how upbeat they are about economic prospects, the man in the street just isn't buying it. "Don't they know how attuned we are to what...
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Paying a Heavy Price
At Financial Armageddon, I spend a lot of time writing about the numbers that define one of the worst financial crises this century. But as I've noted on more than one occasion, the fallout involves more than just red ink....
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Set to Move in the Wrong Direction
I've been surprised by the extent to which crime has remained subdued. In Financial Armageddon, I argued that deteriorating economic circumstances and aggressive cutbacks by state and local governments would not only encourage criminals to engage in more bad behavior,...
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Spreading Far and Wide
Think back to the "good old days" before the crisis. Wall Street was waxing on about the "Goldilocks economy." Economists referred to "The Great Moderation." A few pundits spoke excitedly about "the greatest story never told." Some even proclaimed it...
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Shocked and Unnerved
Everywhere and anywhere, those seen as rejecting even a small measure of an America-centric perspective will be labeled undesirables, subversives, and even “enemy combatants,” whether or not evidence supports the assertion. --Chapter 11, "Social," Financial Armageddon Although I predicted as...
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The Harsh Reality
In yesterday's post, "Forced to Be More Flexible", I highlighted a Brandweek report indicating that current economic conditions are leading consumers to rethink what they eat. Regardless of personal preferences, many are switching to cheaper alternatives or trading down to...
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Heeding the Populist Call
It's clear that hostility towards Wall Street is increasing. Considering the well documented role that banks and brokers played in creating the mess we are in and the ways in which they manipulated the post-crisis clean-up to their advantage, the...
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- FT.com / Technology - Oracle looks to give Hurd leading roleOracle looks to give Hurd leading role: By Joseph Menn in San Francisco Oracle's board will meet within days to vo... http://bit.ly/9WhXp00 comments […]
- FT.com / Technology - Google warned on China plansGoogle's technological lead over Baidu has eroded, the company's former China head has said, highlighting the increasing challenges western internet companies face in the world's most populous internet market0 comments […]
- Time for retailers to plan for the worst - TelegraphManagement expert John Timpson tackles investment decisions, female board directors, and retirement ages.0 comments […]
- FT.com / Columnists / Lucy Kellaway - Twitter is no way to manage a smelly messAn offhand comment on the site by a well-known smart alec triggers corporate overkill from Starbucks, writes Lucy Kellaway0 comments […]
- FT.com / In depth - Tories head off alternative-vote rebellionA threatened Conservative rebellion on voting reform – which could have raised serious tensions within the coalition – looks to have been averted after intense pressure by the whips0 comments […]
- Home owners to be moved off interest-only mortgages - TelegraphHome owners with interest-only mortgages are being made to pay higher monthly payments after being moved onto repayment deals amid fears of a double-dip in the housing market.0 comments […]
- FT.com / Capital Markets - Eurozone governments to step up borrowing in SeptemberThe eurozone debt crisis is about to enter a dangerous phase as governments prepare to step up borrowing in the capital markets to fund their faltering economies0 comments […]
- FT.com / Capital Markets - Eurozone governments to step up borrowing in SeptemberThe eurozone debt crisis is about to enter a dangerous phase as governments prepare to step up borrowing in the capital markets to fund their faltering economies0 comments […]
- New Zealand Earthquake Reconstruction Likely to Cost About $1.4 Billion - BloombergNew Zealand Earthquake Reconstruction Likely to Cost About $1.4 Billion - Bloomberg http://bit.ly/azUAW60 comments […]
- Wall Street faces an economy at a 'crossroads' - Sep. 5, 2010Wall Street faces an economy at a 'crossroads' http://bit.ly/cUqRE00 comments […]
- More people say economy is in poor shape - Sep. 5, 201081% rate U.S. economy as 'poor' - CNN poll http://bit.ly/cdghcs0 comments […]
- Israel stocks up; deals in property, cars in focus Israel Stocks - MarketWatchIsrael stocks up; deals in property, cars in focus Israel Stocks - MarketWatch: http://bit.ly/bxY4kl via @addthis0 comments […]
- FT.com / Capital Markets - Eurozone governments to step up borrowing in SeptemberThe eurozone debt crisis is about to enter a dangerous phase as governments prepare to step up borrowing in the capital markets to fund their faltering economies0 comments […]
- FT.com / Japan - Kan in close fight to remain Japanese PMNaoto Kan, Japan's prime minister, is locked in an extremely close race with ruling Democratic party challenger Ichiro Ozawa, according to polls of the party members that will decide this month's DPJ leadership election0 comments […]
- FT.com / FTfm / Investment strategy - Protection of money market investors at riskSponsors will be less likely to bail-out money market funds to avoid breaking the buck0 comments […]