One of the positive by-products of the financial crisis is the knowledge that we should glad to have several banking systems.I have not opposed to the introduction of the euro and I still think that it is a good idea, but the real value of the euro will be proved in these hard times. Now is the mome
Searching for a way to boost the economy without help from Congress, President Obama hits on a housing plan that might actually work. The president announced Monday that his administration will help homeowners refinance if they are making their mortgage payments on time, even if they have little or
Quantitative Easing is synonymous with printing money and expansion of money supply. In this article you'll find out how the expansion of the money supply, also known as Quantitative Easing (QE) affects your pocket.
Many Americans cannot understand the supply and demand issues with oil companies or why the price of gasoline has gone up so drastically.They do not seem to want to accept the fact that there is a finite supply and any one time in the pipeline both literally and figuratively.
Senator McCsin has proposed another bailout relying on the ignorance of the vast majority of American voters by putting forth a $300 billion plan that would allow the government to purchase mortgages for their face values and then set about adjusting mortgage balances and payment terms. This is simp
For those who like the philosophical debate the Technocracy Group comes up with some interesting intellectual scenarios on economies, price systems, monetary policy and the future of human civilizations. For instance on self-proclaimed technocrat looking for someone to convince has brought up this p
GM's plans to kick Saturn to the curb may be on hold. If the automaker is able to restructure the way they want to, Saturn may live on to fight another day.
It's awfully quiet in world markets right now...a little too quiet right now...The classic early warning signs are just emerging and investors need to...
Why are most Americans drifting along without a care while their country is crumbling from within? Normalcy bias. It's natural for people to simply "stick their head in the sand" and avoid staring at the harsh realities of the world.
America is fading away; at times, you can hardly see it any more. Why? Because a minority among us are enemies of the very idea of America, and they've been slowly pulling us away from our intended nation for more than a hundred years. And because the majority of us, perhaps duped into believin
Are we all just hallucinating?Is the recession only in our minds? According to John McCain's key economic advisor, Phil Gramm (who incidentally was one of five people who co-sponsored the Commodity Futures Modernization Act of 2000, which is thought to be to blame for allowing the Enron scandal
Below are some of my favorite demands from the Occupation Army that has descended on Wall St and city parks around the country. Demand three: Guaranteed living wage income regardless of employment. This is a GREAT idea.
Another back and forth session was ended on Wall Street with cheers of easing credit markets. But analysts still warn that market faces rough times.
Scrap Paper and several other categories of products are on the positive side of the ledger for exports to China.Who would have dreamed that China would use our scrap paper to create other goods?
The financial sector of the United States is collapsing - and it has been for years now. Defaulted home loans number in the millions and the Fed can no longer make positives out of the reckless behaviors demonstrated by greedy investment banking institutions. Here are some quick facts concerning the
Looking for a silver lining in the current recession? The Chancellor appears to be - and we hope he's proved right. It may be quite a long way in the future, though.
Officially it has been said that the recession is over. It is as if the patient has been released from hospital but will the scars heal or remain? And for how long?
We have been in a real financial crisis in this country since March of 2008 when Bears Stern fell. In order to avoid another depression the government pumped up many of the nations larger and more important institutions.
In Fact, the implicit relation between a long working week and a lower than average productivity needed some more explanation. Therefor this appendix...
Look at the American experiment as one big bubble. Rome was a bubble. The British Empire was a bubble. Nazi Germany, bubble. Soviet Union, bubble. USA, bubble. Our currency of the future may well become canned meat and the kinds of toiletries American soldiers used to bring over from the states duri