Not Your Typical American Consumerist
I have a confession to make. Until recently, I didn’t spend a lot of time thinking about where the products I consumed came from. In that sense, I guess I am your typical American consumerist.Where is the Economy Going?
Most people instinctively feel the economy is not doing well. They see the near 10% unemployment rate, lackluster business results, mixed stock market returns and other indicators. What do the coming months hold for the economy?Global Meltdown
One of the major problems of complete deregulation and lack of government interference in the working of the private sector leads to massive risk taking which more often than not leads to disastrous consequences. Reason for the meltdown – This is exactly what happened in the later part of the first decade of the 21st century, private banks without any proper supervision of risk and no interference from the public sector were lured into taking massive risks.What Happened to US?
Karl Marx had it wrong. Stuff, not religion, is the opiate of the masses.The Benefits and Problems Associated With an Open Economy
Trade in some form of the other has been an integral economic activity for quite some time now. In ancient days trade in a very primitive form used to take place between the various civilisations. Trade in modern world – In today’s globalised world trade has become an activity of day-to-day life.Keynesian Economics
The British economist John Maynard Keynes formed a macroeconomic thought via which he suggested that decisions in the private sector more often than not lead to inefficient macroeconomic outcomes. Thereby he stated that the role of the public sector in the governance of the economy through stable monetary and fiscal policy is necessary.The Market Fluctuation Brings Challenges to Photovoltaic Corporations
This article talks about the photovoltaic market which is developing rapid this year. The author describes the challenges for the corporations when the market is fluctuating.China is Winning the Economic War!
During the ‘cold war’, a term used to describe the tension between communist and capitalist countries, which lasted from 1947 to 1991, one of the fears was a military conflict between Russia or China and the U.S. It didn’t happen. The potential of a military war instead morphed into an economic war.The Obama Recession and Economic History
With the recent financial meltdown and recession, many have begun to question Barack Obama’s economic and fiscal policy. Some have even begun to call it the Obama recession. What does economic history tell us about economic policy, and how best to deal with recessions?Causes of Global Recession and Four Signs That We’re Not Out of the Woods Yet
Although we are all still reeling from our current recession, there are signs that indicate we are heading for a much worse economic crisis. While our current economy hasn’t suffered this much since the Great Depression, the next financial crisis may in fact be the worst yet. Keep reading and I’ll explain some of the causes of global recession and why the signs indicate a new crisis on our horizon.100,000 Dollar Bill
Ever wonder what a 100,000 bill looks like or who is the President on a 100,000 dollar bill? Well wonder no more because at the coin show in Boston MA they uncovered rare sheets of the 100,000 bill.