State Run Capitalism Is Not the Answer to Being Competitive In the Global Market Place
Many look at China’s Rise (economically) and suggest that their state-run capitalism is a superior model. I completely disagree, such methodologies and strategies will never be as efficient long-term as free-enterprise and free markets – short term however, it may look good on paper or economic statistics granted. We need not copy China to compete with them, they did not find a better model than our so-called free-market model. The reality is that we’ve been messing with our own free market fundamentals for a long time, and they are not currently running at optimal.Democrats Want To Bail Out Puerto Rico – Here Is Why
You’d think that with all the hollowed-out political promises made at the 2016 DNC that the Democrats would be trying to curtail spending on other things and trying to find some way to at least deliver a tenth of what they’ve promised – not so. The funny thing is that whenever government promises something it takes 5-times as long to come to fruition than anticipated and it costs 4-5 times as much as stated, so whatever you read in Hillary Clinton’s so-called “Plans” of what she will do once elected – and let’s pray she isn’t – it would probably be similar to what the Junior Senator Obama promised on his campaign trail and the harsh reality in the aftermath of things like, well like ObamaCare for instance.What Is Up With the World’s Economies?
With all the concern (and hype) about the UK leaving the EU – over the next few weeks I am going to delve into some economic realities around the globe. I am going to write about China, Japan, Germany, Brazil, and the USA. There are major economic concerns that will inarguably have ripple effects here in the US. I once heard – There is not bad news.People Who Are Slaves to the Creation of Wealth Are in for a Shock
It is fact that the poor create wealth for the rich. They are the workers exploited so that their labour acts like a machine allowing production and profit for owners of businesses of all types. The most profitable organisations that profit from the poor are religious institutions who not only promote poverty as righteous but invoke it through the misguided indoctrination and brain-washing of the young.Monetary Easing And The Free Lunch Bubble
After the fallout of the Sub Prime Mortgage crisis back in 2008, The US Federal Government together with the Federal Reserve were faced with an unprecedented financial challenge that threatened to annihilate the very base of the so-called fundamentally strong US economy. Jolted by the fall of Lehman Brothers, the country was staring at an imminent recession that would have ripple effects across its borders and would lead to a domino effect in the months to come.Bitcoins – Global Impact of Virtual Currencies
Bitcoin is a payment system invented by Satoshi Nakamoto who released it in 2009 as an open-source software. Claims to the identity of Nakamoto have never been verified, but the Bitcoin has progressed from obscurity to the largest of its kind, a digital asset now being called the ‘cryptocurrency’. The most significant characteristic of Bitcoin is that unlike conventional and traditional printed currency, it is an electronic payment system that is based on mathematical proof.A Currency Crisis Called Brexit
Call it a black Friday or what you will, the events that unfolded on the 24th of June 2016 would remain an enigma in the minds of the millions who voted and those across the Globe who watched in awe as history was rewritten 43 years after Britain was officially signed in as a part of the Eurozone. Almost immediately after the landmark outcome of the referendum came to light, markets around the globe reacted wildly even as the Pound Sterling suffered its biggest single day fall ever.The End Of Globalization
Ever since the end of World War II, the political powers and the financial elites have purposely steered the world to accept Globalization as the rule of thumb for all economic markets. It worked for a period of about 25 years following the war. The Marshal Plan, General Mac Arthur’s rebuilding of Japan and the great renaissance of manufacturing in the United States fueled the growing economies of countries all over the world.Is the World Economy Really In Trouble?
The global economy is on the edge for another recession. However, important people make it answerable to the psychological problem of the people.How Is the Value of a Currency Determined?
This article basically educates you about how the value of currency is determined and what all are the factors that basically plays a vital role in this. This whole process is explained by taking an example of INR and USD comparison.A Place Known As Shangri-La
Shangri-La, you know that place far off in the distance where luxury and ambiance abound. Where the cares of the world are all in a world far, far away. Where one feels that tranquil harmony with nature.