While this isn’t as bad as 1929

2013年5月4日

記事石井さん

September 2008 Archives

SubscriptionsGo to the Subscriptions Centre to manage your:My ProfileJust as we were all used to thinking of the world in terms of "post 9/11," we get hit with "post 9/15." We now have to think in terms of the financial world post Black Monday. We Canadians canada goose outlet real got hit to the tune of $38 billion that's just a footnote in the global picture, where the American bill alone is estimated to reach $1 trillion.Post 9/15, a stroll through the business section of your local bookstore becomes a little nostalgic quaint even like a Norman Rockwell painting. The days before you were seriously thinking canada goose jacket uk of buying gold coins and stuffing them in your mattress.When will the market carnage end? That was the question on the minds of many this week as markets around the world sold off and storied investment houses like Lehman Brothers and Merrill Lynch disappeared. Just like that.While this isn't as bad as 1929, when the Dow Jones Industrial Average fell 90 per cent, this ranks as the worst financial meltdown since then. Since Labour Day, the Dow Jones has dropped more than nine per cent and the S has fallen close to 14 per cent.The good news is that there are policies buy canada goose uk and mechanisms, not to mention technology, that are set up to deal with these kinds of situations; this was not the case in 1929. And the current Federal Reserve Chair, Ben Bernanke, did his Phd. Thesis on what the Fed di wrong during the market crash in 1929.It is hard to believe when you work on Bay Street but most of canada goose outlet 2015 Canada doesn't know or care what the stock market does from day to day. I have driven from St. John's to Victoria (with four kids in a minivan, yet!) and the TSX seldom came up in conversations. On the other hand, the phrase canada goose outlet online uk "are we there yet?" was pretty commonBut there are exceptions. Days like last Monday tend to get everyone's attention. stock markets dropping the most since 9/11, even regular folks who don't normally care are wondering what to do.I don't know if anyone else noticed canada goose outlet , but the price of gasoline went up very sharply last Friday just checking to see if you're paying attention. Of course you saw that the canada goose outlet uk price of gas spiked up by about 13 cents a litre people are all hot because of it. But I think that most Canadians would prefer to understand what's going on canada goose outlet store toronto and canada goose outlet online store I'm going to try to explain.The business of leadership getting the canada goose outlet website legit attention it deserves. We have so many compelling reasons to get people management done right within our organizations. With painful labour shortages https://www.gooseyou.com , costly retention issues and goose outlet canada a fiercely competitive labour market, it is surprising how canada goose outlet us little time and attention many organizations pay canada goose outlet michigan to the business of leadership and leadership development in its supervisors, middle and senior managers.Promoting exemplary doers into people leadership roles is still canada goose outlet niagara falls common practice canada goose outlet uk fake and while that in itself may not seem problematic, the lack of investment in those people's leadership competencies certainly is.Arthur Pigou was one of the foremost economists of the early 20th century. Although his neoclassical school of economics has been largely supplanted, his name canada goose outlet london uk has recently had an astonishing renaissance because he was the first proponent of what are now called Pigovian taxes.Pigou believed that while markets canada goose outlet ottawa are efficient, they can give rise to bad side effects or "externalities" that are not priced into the product being sold. For example, the price of bottled water does not take into account the external cost of cleaning up and disposing of the millions of discarded plastic containers. Pigou had a solution. Governments, canada goose outlet orlando he said, should use canada goose outlet store uk taxes to modify behaviour and to address these external costs. Continue reading this post.

canada goose clearance sale

canada goose coats

Canada Goose sale

canada goose store

cheap Canada Goose

canada goose clearance

buy canada goose jacket cheap

Canada Goose Outlet

buy canada goose canada goose outlet toronto factory jacket

Canada canada goose outlet england Goose Parka

canada goose

canada goose black friday sale