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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
Posted in Economy, Government
Tagged banks, capitalism., deregulation, Dodd-Frank, economy, finance, recession, regulation, risk, too big to fail
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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