Economists predict 1% interest rate cut - This is Money

Economists predict 1% interest rate cut - This is Money
It follows the publication this morning of another slew of desperately gloomy economic figures, showing that the recession is gathering pace and the housing crash shows no sign of stopping. A full-point cut from the Bank's Monetary Policy Committee

Oil tumbles below $51 a barrel - Globe and Mail
Mark Cooper from Toronto, Canada writes: I am vastly confused and I imagine many Toronto and indeed Ontario motorists must be regarding the price of gas in the GTA. The price of oil continues its downward trend and yes the price at the pumps has gone

Posner vs. Block - Lewrockwell.com
More on fractional reserve banking. Walter Block posts a response to my earlier post . He still says that borrowing money from a depositor is like selling a "square circle": it is a "logical contradiction." It’s not, as long as the contract right

More from Christian Science Monitor: - Yahoo News
Can (or should) Obama be another FDR? Regarding the Nov. 24 Opinion piece, " FDR saved capitalism – now it's Obama's turn": If author Robert S. McElvaine really wants President-elect Obama to save capitalism, then he should suggest that the first

The Grand Illusion of Global Liquidity, Part 2 - MSN MoneyCentral
An accepted article of economic faith is that failure of economic co-operation, resurgent nationalism and trade protectionism (for example, the Hawley-Smoot Act) contributed to the global financial crisis of the 1930s. The slowdown in central bank