The European region and the Euro are both tanking as a result of the unexpected in Greece. This has prompted a severe tank in the stock market. Continue reading
Economy
Recent Consumer Spending Not Enough
Many big wigs like to tout the coming of the economic recovery, and will often go to the media suggesting that “the recession is over.” Continue reading
Greekonomics 101
Until recently, most of us Americans knew Greece as the birthplace of Western Civilization (and an idyllic Mediterranean tourist spot.) Now there’s doomsday talk of Greece’s debt crisis causing another global recession, or a collapse. Continue reading
Who Saw This Coming: Health Care Bill Will Increase Deficit
A few weeks ago, Congress passed the health care reform. This issue has been discussed at length, and the main argument boils down to whether or not our government, already with a staggering national debt, can afford this kind of bill. Continue reading
Greece: The Next GM?
Can an entire government go bankrupt and be bailed out? As Greece is currently showing us, fiscal and monetary policies are no laughing matter. If government spending does not get reigned in, national debts can cripple more than the governments that cause them. Continue reading
Economic Stimulus Has Little to Do With Economic Growth According to… CNN?
CNN recently published an article on their website claiming what many of us believed anyway: the stimulus bill has had very limited effect on the economy. Continue reading
Regulation Versus Intelligent Intervention
President Obama has announced that further regulation of the financial sector is necessary to prevent another collapse of the system. In new legislation, the government would, for the first time, regulate derivatives. Continue reading
Geithner Versus Unemployment
Within the last few months, there have been big wigs talking about how much the economy seems to be improving. However, is this politics or true economic expansion? Continue reading
Economy Versus Environment Part 2 – The Three Gorges Dam
This blog will continue my series on the frequent trade off of the economy versus the environment. Continue reading
Why China is Not a Communist State – Part 3
In my last blog I discussed how China emerged from its Communist past and implemented liberalizing market reforms. To conclude the series of China-related blogs, it makes sense to discuss the economic situation in China today. China has increasingly become entrenched within world politics, and is on track to become a challenge to the USA’s economic hegemony. Continue reading
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