www.presstv.com Max’s guest for this week’s show is Karl Denninger who is the founder of market-ticker.org. Karl gives some predictions on the US economy in the New Year. He is downbeat and forecasts a terrible year for the housing, banking and myriad of sectors. He says the Europe would also disintegrate and says people there will have a weaker euro in parity with the dollar. China will also break the peg and people would see a rise in commodity price, bubble assets and less export to the US. Enjoy the show.
Explaining financial leverage in the context of real estate investment Disclaimer: None of this is meant to be personalized financial advice. Please consult a financial adviser to help with your financial decisions. For similar videos, please visit: www.kanjoh.com
Banking Under the Mattress: Financial Literacy and Unbanked New Yorkers THE NEW SCHOOL | www.newschool.edu A new FDIC study finds that seven of every 20 New York households is underbanked. In most cases, these are low-income, minority, and single-parent households that either have no bank accounts or rely heavily on alternative financial services such as payday lenders and pawn shops. Such families can pay exorbitant fees and interest, are at greater risk of robbery, and often cant borrow because they have no credit history. New York and other cities and states are experimenting with solutions, including low- or no-fee community banking services and financial literacy campaigns. What works? And what should government, nonprofits, and the banking sector do now? Panel includes Jonathan Mintz, commissioner of the New York City Department of Consumer Affairs, presenting new data on the underbanked in New York; Cathie Mahon, executive director of the NYC Office of Financial Empowerment; Deyanira Del Rio, associate director of the Neighborhood Economic Development Advocacy Project (NEDAP); Edward Kramer, executive vice president of Wolters Kluwer Financial Services; and Leslie Parrish, senior researcher at the Center for Responsible Lending. Dean Starkman, managing editor of the Columbia Journalism Reviews The Audit, moderates. Supported by the Sirus Fund and the Milano Foundation. MILANO THE NEW SCHOOL FOR MANAGEMENT AND URBAN POLICY | http * Location: Theresa Lang Community …
Sept. 7 (Bloomberg) — Michael Burry, the former head of Scion Capital LLC who predicted the housing market’s plunge, talks with Bloomberg’s Jon Erlichman about the financial crisis and the housing market. (Source: Bloomberg)
Learn to Get What you Want, Financially, in 45 minutes or Less! A Training Presentation based upon a financial education curriculum designed and initiated by the Federal Deposit Insurance Corporation (FDIC).
Presented by Kevin Duffy at “Austrian Economics and the Financial Markets,” the Mises Circle in Manhattan on 22 May 2010 in New York, New York. Includes an introduction by Mises Institute president Douglas E. French.
Barry Eichengreen – renowned professor of Economics and Political Science at the University of California Berkeley, former senior advisor to the IMF, author of “Globalizing Capital: A History of the International Monetary System”, and editor of “Rescuing our Jobs and Savings: What G8 Leaders can do to Solve the Global Credit Crisis” – provides a detailed overview of the financial crisis. He discusses at length: (a) the excessive risk undertaken by a variety of financial institutions as a result of gradual deregulation of financial services sector in the second half of 20th century; (b) the role of both Republican and Democratic parties in maintaining deregulation policies following introduction of US President Ronald Reagan’s “free markets” ideology in 1980; (c) the inability of the US to properly manage or channel massive capital inflows from the developing world – especially China – during the last decade; (d) the failure of Bush administration to mount an adequate response to the financial crisis on account of its initial state of denial, financial engineering mindset, and “free markets” ideology; and (e) actions – such as, interest rate increases, deficit reduction, recapitalization of banks, and economic stimulus – that would have greatly mitigated the severity of the financial crisis. In addition, he dwells on: (f) the impact of the financial crisis on American power and globalization, as well as (g) the nature of institutional reforms required at global level to …
May 24 (Bloomberg) — Jim Bianco, president of Bianco Research LLC, talks with Bloomberg’s Matt Miller about Europe’s financial crisis. (This is an excerpt of the full interview. Source: Bloomberg)
May 21 (Bloomberg) — Gary Townsend, president and co-founder of Hill-Townsend Capital LLC, talks with Bloomberg Television about legislation overhauling the financial regulatory system. (This report is an excerpt. Source: Bloomberg)