Tag Archives: finance

Yardeni: Banks are the Achilles’ Heel of Capitalism

Noted economist, Edward Yardeni, President and Chief Investment Strategist of Yardeni Research, is not supportive of the ‘too big to fail’ banks. As he explains in Barron’s, “banks are the Achilles’ heel of capitalism.” “The problem with banks is that … Continue reading

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Forbes Article: Increasing Wealth Inequality is a Warning Sign of Instability

Here are a few sobering paragraphs on the relationship between rising inequality and instability from an article in Forbes. “Social and political problems must arise sooner or later from this predicament. As Galbraith writes, (WE study inequality) “because it enables … Continue reading

Posted in Economy, Income Distribution, Inequality, Socio-economic Status, Wealth | Tagged , , , , , , , , , | Leave a comment