Economics & Turmoil – January 23

Iceland’s Parliament under Siege
Riots in Iceland, Latvia and Bulgaria are a sign of things to come
Roubini: The Worst Is Yet To Come
Why You’ll Work Through Your Retirement
Recession or depression? Too early to tell

Perestroika 2.0 beta

Congratulations, everyone, we have a new president: a fresh new face, a capable, optimistic, inspiring figure, ushering in a new era of responsibility, ready to confront the many serious challenges that face the nation; in short, we have us a Gorbachev.

What strategy for a green recovery?

Few have been more enthusiastic about Obama’s recovery plan than the Apollo Alliance, which sees it as the culmination of their hopes to re-energize the US economy through “green” technology. Will they be rewarded? The Alliance channels a vision of restoring growth and world leadership to the US by investing in technology which is less polluting and less dependent on fossil fuels. The Apollo does not acknowledge a crisis in energy based on resource depletion, although they do acknowledge a crisis based on global warming.