Peyvast
Peyvast has moved to beyondmedia.blog.comEconomy
Imbalanced world
by David ET on Aug.25, 2009, under Economy
Here as an interesting article I read on MSN about cost of living: http://articles.moneycentral.msn.com/SmartSpending/ConsumerActionGuide/burgernomics-whats-a-big-mac-worth.aspx
V, U or W? How about M ?!
by David ET on Aug.24, 2009, under Economy
Some say we are at V shape recovery (rapid)
Some say we are at U shape recovery (gradual)
Some say we are at W shape recovery (recovring just to see another major drop before the real recovery)
and I was thinking : Has anyone even thought of [possibility of no-recovery after ALL?!!
Yes the economy has improved; for the top 1% !!
Ulrich said this weekend: “anyone who says we’re out of the woods, or even moving out of the woods, has got to be lost at sea. There is no evidence that this economy is doing much better. The best that can be said is we’re getting worse more slowly.”
As for now we live in a country where left is right and right is wrong !
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