This BBC documentary from 2009 takes a fresh view of the 'Crash of 1929' and the subsequent global Depression, comparing aspects of that event with the most recent turbulence in 2008.
I've been reading more and more about a potential oil bust, especially right here in the Bakken. It's simple economics, the Bakken is very expensive to drill, costing $70-90 per barrel, doesn't leave much room when a barrel of oil is going for right below $82 right now. Some forecasters are...
Mysterious penny stock soars, and no one knows why
CYNK Technology has no revenue, no assets and only 1 employee. So why is it worth $4 billion?
Should had been in on this @jmanz and @Ludacris .
Do you understand the stock market? Had some discussion about this with a few guys yesterday and figured I'd do a bit of a straw poll. Does anyone here feel they understand the stock market to any degree?
In recent years, the thing companies seem to do is just let their price climb...
Neat read, but I am not surprised.
http://www.livescience.com/culture/090826-stock-market.htmlThe Capital Group Companies is one of the world’s largest investment management organizations with assets of around one trillion USD under management. It comprises a group of investment management...
Just curious, but does anyone here invest in stocks at all or have an IRA? If so, who do you invest with and what type of IRA do you have? I was looking at possibly investing in the future and would like some 411. I guess a guy is suppose to start an IRA at or before the age of 30 to...
Geez GM please build more cars we need them we are running out. You guys really need all that extra money.
EDIT: I shouldn't just bag on GM, the point was we don't need anymore "new" cars, there are plenty out there...
Does anybody play the market here? Obviously it sucks right now but is it a good time to buy cheap and hope for a turnaround? . I know there are probably business savvier minds than myself here and I would love to get some input.Â
:shock:
Iran warns of $200 oil if US pursues sanctions
CARACAS, Venezuela (Reuters) - Global oil prices could hit $200 per barrel if the United States pursues sanctions against Iran for its nuclear development program, an Iranian official told Venezuelan state TV on Thursday.
Iran's Foreign...
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