Economic Update: Worker Enterprises in Bolivia, New Party in Spain

Updates on big banks’ misdeeds, inadequate health care, the social costs of low wages and Nobel prizes in economics. Major discussions about poverty and education and important economic events on Bolivia (workers taking over enterprises), Spain (indignados form new political Party X), and China (raising value of yuan to change China’s and world’s economy). Response to questions on (1) how Great Recession affects retirees and retirement, and (2) latest data on the highest incomes in US.

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