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Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts
Saturday, March 7, 2009
The New Media and the Decline of the Newspapers
Rachel Maddow has an amazing segment on the collapse of the newspaper industry. It addresses the threat of new media and the failure of the old media's online business model. The future of investigative journalism is at stake! Check it out!
Friday, February 20, 2009
Two Paths for Recovery
Totally unrelated to LGBT rights, but nevertheless interesting: a fantastic article on the US's two options for economic stimulus from Associated Press business writer Yuri Kageyama from Tokyo and AP writer Karl Ritter from Stockholm. The two options are the Swedish historical model and the Japanese one. The beginning of the article begins by saying:
"Sweden moved quickly, nationalizing two banks and setting up an asset management company to take over bad debt. In contrast, Japan waited seven years before getting serious about bailing out its banks. The result: a "lost decade" of economic stagnation _ a fate the U.S. president says America must avoid."
Certainly a must read, especially among the growing calls to nationalize the United States' own "zombie" banks.
Check the article out at CBS News!
"Sweden moved quickly, nationalizing two banks and setting up an asset management company to take over bad debt. In contrast, Japan waited seven years before getting serious about bailing out its banks. The result: a "lost decade" of economic stagnation _ a fate the U.S. president says America must avoid."
Certainly a must read, especially among the growing calls to nationalize the United States' own "zombie" banks.
Check the article out at CBS News!
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