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ThefactishereJapanplanstocallfor15trillionyen($150billion)ingovernmentspendingtoliftitseconomyfromapainfulrecessionbroughtbyhispartnerAmercians.Thepackageisequivalenttoabout3percentofJapan'sGDPJapan'sGDPshrankanalarmingannualrateof12.1percentin4thquarterlastyearTheplanisworth57trillionyenoverall,andthebiggestinitshistoryThetargetistoincreasedomesticdemandbyatleast40trillionyenwithin3yearsandadd1...[阅读全文]
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Finally,Dowfinishesbelow7,000forfirsttimesince1997.Todayitendsat6,763.29;SP500700.82.Thedowntrendisacceleratingafteritstaysaround8000formonthsafterPresidentObamatookoffice.Asweallknow,Obamaisnotthegod.Ithink,eventhegodcan'tsavethegreedypeoplewhoisabusingcredits.IfMrObamadon'tdaretosaynotothebankers,thecrisiswillcontinue.Withthebubblebusted,everythingwillshowitsrealvalue.StockissomekindofPonziSchem...[阅读全文]
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19percentofitsworkforce.[阅读全文]
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"Thecutsequalalmost7percentoftheAkron,Ohio-basedcompany'sworkforceandfollowtheeliminationofabout4,000jobsinthesecondhalfoflastyear."[阅读全文]
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Hereisthefact:U.S.autosales:tumbled37percentinJanuarytoa26-yearlowof656,976units Chinesevehiclesales:cooledby14.4percent,butstillsold735,000vehicles 2009projection:China-10.7millionunits;U.S.sales-9.57million Chinesegovernmentpolicy:saletaxcutbyhalfto5percentforcarswithengineslessthan1.6liters;5billiononsubsidiestofarmerstoreplace3-wheeledvehicles;another10billionisusedtoupgradeautomakers'tec...[阅读全文]
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IforgotwhatroundsGMisdoinglayoff.Acoupledaysago,theyslashed2000salariedjob.Itwillreduceitstotalnumberofsalariedworkersto63,000from73,000thisyear.About3,400ofGM's29,500salariedU.S.jobsareexpectedtobeeliminated.[阅读全文]
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(2009-02-02 12:01:57)
4percentofitsworkforce[阅读全文]
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Another4percent,about1500to1800jobs,afteritcuts7000jobsin2008.[阅读全文]
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