"No experience needed — your account is managed for you. No investment required — your account starts at $100."
That's the sales pitch from prelaunchx. Sounds too good to be true. But for the time being, I'm giving them the benefit of the doubt. As far as I can see at this stage, one has nothing to lose by signing up. I'll report on any interesting developments.
Saturday, May 19, 2012
Get a free forex trading account . . .
Labels:
forex,
money,
prelaunchx
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The torch of financial orthodoxy
But will it really follow the Olympic flame to London? The cartoon is from the Manawatu Standard of May 19, 2012.
Labels:
finance,
financial crisis,
Greece,
Olympic Games,
Olympics
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World breastfeeds bloated capitalist
Remember how the free market was going to bring unprecedented prosperity to everyone? Remember how they told us — and are still telling us, in some circles — that there was/is no alternative to unfettered capitalism? Are we mad enough to continue on our present course? Yes, probably.
The cartoon is from the Manawatu Standard of May 18, 2012.
The cartoon is from the Manawatu Standard of May 18, 2012.
Labels:
breast,
breastfeeding,
capitalism,
corporate greed,
financial crisis,
free market,
greed,
suckling,
Time magazine
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Friday, May 11, 2012
Jeepers, it's an exploding chicken!
Labels:
austerity,
financial crisis,
financial system,
France
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Greener pastures continue to lure Kiwis
Pime Minister John Key (center) and cabinet ministers ponder the latest migration statistics. The cartoon is from the Manawatu Standard of May 2012.
Labels:
emigration,
migration,
queue-jumping,
refugees
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Tough question for a failed financier
Although I feel sorry for those who lost their savings in the financial crisis, I think that, to some extent, they are the authors of their own misfortune. They didn't have to put all their money into high-risk investments. They could, and should, have been little less trusting, a little more suspicious of the promises made in prospectuses. As I approached retirement, I put all my money into (a) a retirement scheme that is backed by a government guarantee, and (b) long-term bank deposits. The returns are lower, but the peace of mind is much, much greater. And the latter is what you really want in old age.
The cartoon is from the Manawatu Standard of April 27, 2012.
The cartoon is from the Manawatu Standard of April 27, 2012.
Labels:
crime,
finance companies,
financial crisis,
punishment
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Workers rich enough to strike?
Labels:
industrial action,
strikes,
wages
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