In the aftermath of all that has happened, Goldman Sachs’ “apology” offer of $500 million to America’s small businesses is too small to qualify as even a waiter’s tip. In response to last Friday’s...div class="feedflare" a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=xQNx7AMy2gs:4GU-QF7a14Y:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/taipan?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=xQNx7AMy2gs:4GU-QF7a14Y:V_sGLiPBpWU"img src="http://feeds.feedburner.com/~ff/taipan?i=xQNx7AMy2gs:4GU-QF7a14Y:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=xQNx7AMy2gs:4GU-QF7a14Y:F7zBnMyn0Lo"img src="http://feeds.feedburner.com/~ff/taipan?i=xQNx7AMy2gs:4GU-QF7a14Y:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=xQNx7AMy2gs:4GU-QF7a14Y:wd9GD17jvC4"img src="http://feeds.feedburner.com/~ff/taipan?d=wd9GD17jvC4" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=xQNx7AMy2gs:4GU-QF7a14Y:l6gmwiTKsz0"img src="http://feeds.feedburner.com/~ff/taipan?d=l6gmwiTKsz0" border="0"/img/a /divimg src="http://feeds.feedburner.com/~r/taipan/~4/xQNx7AMy2gs" height="1" width="1"/

In this three-part video interview, Robert Zoellick, president of the World Bank, discusses with Chrystia Freeland, FT’s US managing editor, a range of topical issues concerning the global economy, new economic hotspots, China’s currency peg and lessons from the crisis.

Part 1: China and the dollar Zoellick talks about President Barack Obama’s recent trip to China and the effects of Chinese currency being pegged to the dollar. He also discusses increased criticism from China of US economic policy.

Click here or on the image below to view Part 1 of the interview.

Part 2: World economy Zoellick talks about the state of the world economy, including the financial recovery, concerns about protectionism and the role the US consumer will play in the recovery. Additionally, he discusses America’s fiscal position, the weakening US

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This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy.

• Robert Reich (Robert Reich’s Blog): The great disconnect between stocks and jobs, November 18, 2009. How can the stock market hit new highs at the same time unemployment is hitting new highs? Simple. The market is up because corporate earnings are up. Corporate earnings are up because companies are cutting costs. And the biggest single cost they’re cutting is their payrolls. So they let people go and, presto, their balance sheets look better and their stock prices rise. Where is this heading? No place good. Without a major shift in policy - both at the Fed and in the White House - the economics point to a big stock-market correction and a double dip. The politics point to substantial losses for Democrats

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This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy.

• Robert Reich (Robert Reich’s Blog): The great disconnect between stocks and jobs, November 18, 2009. How can the stock market hit new highs at the same time unemployment is hitting new highs? Simple. The market is up because corporate earnings are up. Corporate earnings are up because companies are cutting costs. And the biggest single cost they’re cutting is their payrolls. So they let people go and, presto, their balance sheets look better and their stock prices rise. Where is this heading? No place good. Without a major shift in policy - both at the Fed and in the White House - the economics point to a big stock-market correction and a double dip. The politics point to substantial losses for Democrats

...

The Daily Reckoning’s Puru Saxena examines the ends of U.S. debt and the shifting economic balance of world power to China. Puru Saxena The Daily Reckoning

The 19th century belonged to Britain, the 20th century belonged to America and in the 21st century, China will rule the business world. Whether you like it or not, this transition is already underway and it will intensify over the coming decades.

Throughout history, no empire has managed to rule forever. Instead, empires rise to power, they prosper and spread their influence. Thereafter, they over-extend themselves and then break down in some fashion. In fact, all the glorious empires of history had one thing in common – a spectacular collapse.

Now, there can be no doubt that America ruled the economic world for the better part of the previous century. However, this powerful nation has now entered a terminal decline. The recent credit

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This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy.

• OUPblog: Oxford Word of the Year 2009: Unfriend, November 16, 2009. Every year the New Oxford American Dictionary prepares for the holidays by making its biggest announcement of the year.  This announcement is usually applauded by some and derided by others and the ongoing conversation it sparks is always a lot of fun, so I encourage you to let us know what you think in the comments.

Without further ado, the 2009 Word of the Year is: “unfriend”. “Unfriend” - verb - to remove someone as a “friend” on a social networking site such as Facebook.

• Martin Wolf (Financial Times): Grim truths Obama should have told Hu, November 17, 2009. Obama

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Omnicity Corp., known for bringing wireless broadband services to rural America, is on top of one of the biggest waves in telecommunications, the rapid expansion of broadband services outside of the traditional urban and suburban base areas.

It goes without saying that the communications industry is the nervous system of today’s economy, generating global annual revenues of nearly $2 trillion. North America remains the largest telecommunications market, with revenues of over $½ trillion. Much of this, of course, is due to the continued growth of the Internet. Worldwide, there are now nearly 1½ billion Internet users. Data-intensive Internet applications such as Voice-over-Internet Protocol (VoIP) and video are key drivers in the telecommunication industry’s growth, providing increased demand for high-speed broadband capabilities.

The number of broadband connections is increasing rapidly as vendors and consumers require the ability to share large files, download

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Dr Stock Pick HOT News & Alerts!

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FREE Daily Stock Alerts From DrStockPick.com

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Tuesday November 17, 2009

DrStockPick.com Stock Report!

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Horizon Health International Corp. (Pink Sheets:HZHI) launched a product awareness campaign. The company will be show-casing products through existing e-commerce sites to stimulate sales through online transactions. Through Its US Subsidiary SunCity Ventures, Horizon Health International has registered with eBay US as a Vendor-Company under the name ‘Horizon Health’, and will post and sell its products on eBay through their online shopping network.

Zenergy International, Inc. (PINKSHEETS: ZENG) is pleased to announce that the Company has secured

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Dr Stock Pick HOT News & Alerts!

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FREE Daily Stock Alerts From DrStockPick.com

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Monday November 16, 2009

DrStockPick.com Stock Report!

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MTCH, MATECH Corp., MTCH.OB

MTCH specializes in technologies to measure microscopic fractures in metal structures. MTCH is now marketing its patented Electrochemical Fatigue Sensor (EFS) and other advanced crack-detection technologies to bridge asset managers, railroad companies, and governmental agencies across the United States and internationally.

MTCH will perform services on bridges for the Federal Highway Administration (FHWA)(which it’s a major agency of the U.S. Department of Transportation responsible for ensuring that America’s roads and highways continue to

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As many readers are aware, the Russian government has been on a recent censorship tear, including talk of banning off-color and proudly offensive animated TV imports such as The Simpsons, Family Guy, and South Park (oddly, Venezuela's Hugo Chavez has already done the same).  No reason to stop at TV shows.  Today we're seeing reports that the government has ordered Russian retailers to pull the video game title Call of Duty: Modern Warfare 2 from its shelves while a ban on the game is considered.  The game, which pits players in bloody gunfights in a slew of imaginary international conflict zones, is already being called one of the decade's most successful product launches - hitting $310 million in one day alone....