Bad Bad Banks
#Finance #Economy #Politics_And the financial crisis goes on … And the politicians still think they can avoid the painful solution and try to sustain asset prices. But the prices of many assets are bubble prices and these prices need to fall to market levels.…
Ukraine Farming
#Economy #PoliticsBILYI KAMIN, Ukraine — The vast collectives that fed the Soviet Union are now a patchwork of tiny gardens, fields and vacant lots. But combined, they could help feed the world: Russia, Kazakhstan and Ukraine have fertile yet untilled land the size of Idaho.…