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Globally, many countries are having to take stake in life-blood companies — in the US, banks like Bank of America, Citibank; in the auto industry, Chrysler and GM — and, well, you’ve read the news. The more money that gets infused into the failing businesses, the more nationalization will be taking place. As [...]
With markets imploding, 50 plussers are losing jobs by the droves while seeing their nest eggs devastated. When I think of the economic journey we are faced with, regardless of demographic, and the responsibility that is laying on Barack Obama’s shoulders, I get the image of the mythological Greek Sisyphus endlessly pushing the [...]
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