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Wall Street, Don’t Jump! Jobless, not so Much

11/12/09 Stockholm, Sweden – Those people at the apex of the financial pyramid seem to keep getting treated differently from the rest of the nation. They always have the hope of a new bull market somewhere but, for others, sometimes just finding a job isn’t that easy.

 

ComeOffTheLedge

Author Image for Rocky Vega

Rocky Vega

Rocky Vega is publisher of The Daily Reckoning. Previously, he was founding publisher of UrbanTurf and RFID Update, which he operated from Brazil, Chile, and Puerto Rico, and associate publisher of FierceFinance. He specialized in direct marketing at MBI, facilitated MIT Sloan School of Management programs, and has been featured on CBS. Vega graduated with honors from Harvard University, where he was on the board of Let’s Go Publications and directed business programs involving McKinsey, Goldman Sachs, and Harvard Business School faculty. He is also enrolled at the Stockholm School of Economics.

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One Response

  1. Aaron Smith said

    Great Article. This ties into what I find so humorous about the left and right clash over “socialism”. The reality of our situation in this country is anything but socialist. Mussolini describes fascism as a marriage between the corporation and the state. Truthfully, how many of the common people have benefited in any way from the gross inflation of their currency or all of the wall street bailouts and other forms of corporate welfare? The pretense many of these companies used for their bailouts was that they could avoid layoffs, which most of them turned around and did anyhow immediately after. To date I can’t see one benefit the general populace has received other than the false security of a re inflated bubble economy.

    on November 13, 2009.

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