Here’s a funny 45 page slide show that explains how we got into the current financial crisis over sub-prime loans.
Business Notes
The WSJ is claiming that Barack Obama has won the democratic nomination... apparently Hillary Clinton hasn't heard the news.
Apple has reported that it's sales has increased 43% from this time a year ago. Job's contributes their growth to more traffic at their 181 US stores.
In the next five years Saudi Arabia plans on spending $90 Billion dollars to lift the oil supply. The plan also encourages investments in energy infrastructure.
Presidential hopefuls Clinton and Obama both have a plan to cure US manufacturing. Senator Clinton wants to re-examine Nafta and Senator Obama would threaten Mexico with opting out.
According to the Wall Street Journal, China's major stock index has seen a 50% drop in value over the last 6 months. Despite the drop, China's economy remains the fastest growing in the world.
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