1. Goldman-Sachs invested $450M in Facebook. Don’t want anyone of my readers to be the last to know!
2. ” a third of all income growth in Canada in the past two decades went to the richest 1 per cent of Canadians.”
Holy smokes, eh? Full article at the Globe and Mail and an extended reflection on this can be found on Mike Todd’s blog.
3. Big Thought of the Day: When we talk about the economy, and jobs, it’s easy to become detached. We never quite believe it “can happen here”. About a year ago I became weirdly interested in Detroit after becoming (equally weirdly) addicted to Sam Roberts’ Song Detroit ’67 below.
Check out these recently published photos, Ruins of Detroit. Then watch the video below for ghosts of what Detroit once was. Our politics, our policies and our spending can make or break a city.