by Jason Apollo Voss | 23 09 2010 | Blog
This morning sees news of video store rental chain Blockbuster’s bankruptcy declaration. The closure of what was once one of the world’s most vibrant and exciting retailers makes for a good brief capitalist case study. I want to use the Blockbuster story...
by Jason Apollo Voss | 21 09 2010 | Blog
Yesterday the National Bureau of Economic Research’s “Business Cycle Dating Committee” declared that the recession that almost all of us have limped through officially ended in June of 2009. The economic damage has been deep: 4.1% of the economy was...
by Jason Apollo Voss | 16 09 2010 | Blog
There has long been a distasteful practice on Wall Street known in the parlance as “window dressing.” As a quarter nears its end, banks and other financial institutions (like mutual funds) will take advantage of the massive liquidity of most financial...
by Jason Apollo Voss | 16 09 2010 | Blog
Good morning! Yesterday, Germany’s Federal Statistical Office released the export tally for the country’s first 6 months. The numbers are very positive. Specifically exports were up 17.1% as compared with the first 6 months of 2009. Additionally, the...
by Jason Apollo Voss | 14 09 2010 | Blog
August retail sales were up in the United States by 0.4%. This figure compares to a July retail sales figure of up 0.3%. Excluding automobiles and parts, retail sales rose 0.6% last month. If you were to exclude the same category, car-stuff, in July, retail sales...
