Shilling says new global recession is here
And here’s the really bad news: He thinks Europe will experience a recession as deep as ours was from 2007-2009 — enough to tip the U.S.’s relatively better economy into recession, too, during the first quarter of 2012.
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Shares fell as much as 10 percent in extended trading yesterday after Google reported fourth-quarter sales, excluding revenue passed on to partner sites, of $8.13 billion, falling short of the $8.41 billion average estimate of analysts surveyed by Bloomberg. Profit before certain costs was $9.50 a share, missing the $10.50 average estimate.
All American Investor
The world’s top 10 retirement havens
It might not seem the world’s top retirement haven, but the editors at International Living say the Republic of Ecuador is the best place in the world to retire to. The cost of living is low and real estate is cheap.
Why America Needs a Malcolm X Day
Malcolm ended his life rejecting anti-whiteness and nationalism in favor of a bold multiculturalism that was and is still willing to welcome anyone into his international interfaith anti-oppression movement: to judge by creed and not by race. He grew to understand it took all types to make the human family complete and explicitly rejected racial hatred and espoused a universal law of justice.
Original content Bob DeMarco, All American Investor
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