by Jason Apollo Voss | 12 02 2010 | Blog
Fourth quarter 2009 GDP in the EU grew at a very anemic 0.1% relative to the third quarter of 2009. That is the same growth rate as in Great Britain in the fourth quarter. What’s more, when compared with growth the previous year GDP actually shrank 2.1%. Not...
by Jason Apollo Voss | 11 02 2010 | Blog
This morning the financial press are abuzz that a deal has been made by the EU to help its ailing member, Greece. However, no details have been released as of yet. Hmmm. Not only that but comments from Angela Merkel, Germany’s Chancellor, have been...
by Jason Apollo Voss | 11 02 2010 | Blog
That scion of crazy executive compensation, AIG, today announced that it is changing the way it awards pay to its top executives. Specifically, the Company is ranking employees on a scale from 1 to 4. That rank will be based upon a comparison to other employees and...
by Jason Apollo Voss | 10 02 2010 | Blog
There are two major levers for economies around the world. The first is fiscal policy. That is, the collection of budgetary, taxation and legal choices made by the legislatures of the world’s nations. The second is monetary policy. That is, the interest rate...
by Jason Apollo Voss | 10 02 2010 | Blog
Because several of the European Economic Union’s members are at the precipice of crisis, especially Greece, the EU finds itself in unchartered territory. This territory is likely to shake the EU to its very core and might even lead to the dissolution of the...
by Jason Apollo Voss | 05 02 2010 | Best of the Blog, Blog
This morning the Department of Labor announced that the U.S. economy lost 20,000 jobs in January. Note the round figure; this is always a sure sign of an estimated number. No big shakes there as the DoL’s jobless rate figure is always an estimate that gets...
