By comparison to what it could have been, it’s a miracle. By comparison to what it should have been, it’s a disaster. - A historic deal has been struck in Paris to reduce carbon emissions and reduce global warming, with a ceiling of 2 degrees centigrade and a goal of 1.5C. 2015 has been the hottest year on record.
China's economy poised to join the rest of us in the toilet. I certainly hope one of you smart people can prove this article wrong.
ZIRP! Not an exclamation, it stands for Zero Interest Rate Policy. One country to try this was Japan in 2001, using the euphemism Quantitative Easing in an attempt to fight a multiple year long recession. The most current country? The United States of America. [more inside]
Some see an economic apocalypse. Others see an err.. economic apocalypse. But have no fear! A solution is at hand. [more inside]
How many more accounting scandals to go? A recent show "Bigger than Enron" on Frontline leads me to wonder, "How MUCH bigger than Enron?" Responses from viewers on that website include a number of accountants for big firms that insist that these practices are everyday business in accounting and that we have a lot more of this coming. Are we actually in the middle of the biggest market crash since 1929? What do you think? Just how bad could it get?