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Economics : Business & Finance
Federal Reserve Bank President Urges Regulatory Reform Legislation
When the Administration's proposal was released in June of last year, it claimed that details and ideas about the future of these two government-sponsored enterprises would be released and discussed around the time of the president's fiscal 2011 budget proposal. Yet, when the Administratio
How The Government Can Prevent The Housing Crisis From Causing A Global Depression
There is usually little to be gained by attempting to find someone to blame when a calamity such as the current housing crisis occurs. Even if one were to determine exactly what was done wrong, there is little chance that by the time another such crisis is about to occur, that such a determination w
Car Owners Are Now Hit With Negative Equity
Not only are homeowners faced with negative equity, research has found that car owners are now facing it too. Due to the prices being cut some owners who have finance deals will find that they are paying back more than the car is worth.
Move Over South Africa, Here Comes New Powerhouse Nigeria
On the 6th of April 2014, Nigeria announced its re-graded GDP figures which made it supersede South Africa and become Africa's biggest economy. This comes at a time when the 'Africa Rising' narrative is in full swing. While South Africa's economy has been under performing for som
Credit Crunch - What Credit Crunch?
Are you getting totally fed up with the constant barrage of doom and gloom being force-fed to you every time you hear a news bulletin? Well, now's the time to overcome obstacles in your mind hat are holding you back, and do your bit to become boring! You know, nobody likes reporting on good new
The Economic Effects of Unemployment Insurance in Canada
It is undeniable that the current state of the Canadian economy is grim.Unemployment rates are at unprecedented highs and the labour market is at an all time low.During times of economic uncertainty and general unease about the market, social programs experience particular scrutiny and pressure.
Fallen Euro? Head to Europe
Over the past few months, the benefit of the euro has been dropping substantially, reaching new lows. For the initial time since 2003, the euro is now valued at around $1.19, closing the gap among its benefit and the US dollar's. Although Europeans may not be too thrilled with the decreased wor
CWG 2010: A Time for Answers
The original budget for the Games was set at Rs. 3,800 crore. However, on the basis of the Joint Parliamentary Committee's (JPC) findings, the opposition has alleged that the actual expenditure in hosting the games was to the tune of Rs. 70,000 crore!
Are You Ready For Your Stimulus Check?
Back in February, George Bush signed an economic stimulus package that calls for each and every 2007 taxpayer to receive a tax rebate check of $600 to $1200 (USD).These stimulus checks will begin being mailed in early May, 2008.
The Federal Deficit: A Spending or Revenue Problem?
One of the most polarizing issues in today's political playing field is the case of the massive deficits and mounting federal debt, along with the solution. To the Republican Party (and for that matter, libertarians and the Tea Party) the problem is one of spending. The government has grown too
Screwflation and the Barbeque Recovery
Economic events of the past few years have given rise to new words and terms. Thanks to the financial crisis, you are probably quite adept at using "subprime", "bailout" and "toxic debt" in cocktail party chatter and you certainly know that our largest banks are still &
Social Security Part 2, What the Privatizing of Social Security Was Really About
This is the second of two articles on Social Security. The first article deals with the fact that the Social Security Trust Fund is a complete fraud. The second article explains what was really behind former President Bush's attempt to privatize Social Security.
Why the Cost Cutting Mentality Won't Revive the Economy
Our governments and the corporate sector rule everything economic - and the average person doesn't get much of a say but when it begins to hit home in the form of unemployment, lack of money for necessities and a lack of ability have savings, then it starts to get personal. This article shows h
Inflation Verses Deflation - What Does it Really Mean?
How many articles have been written over the last year and a half talking about the prospects of inflation or deflation? I'm sure someone can find out, but I doubt I'd be wrong to say thousands. I've read quite a few, and a lot of them have been very technical in nature, which only co
Doublethink Economics
On one hand we are told to save and become prudent money managers. On the other we are told that the nation must get lending to flow again so we can borrow again. Are we getting a mixed message? Can you afford more debt? I didn't think so. Unintended consequences may be headed your way.
The Economy is Tough And You Are Tougher Than You Think!
Times are tough in 2009, and they are going to get tougher. The question is, do you realize how tough you already are? Your ability to handle tough times often comes down to remembering how many of them you've already made it through. Here's a gentle reminder.
The Housing Market Collapse Was a Major Undoing For the Economy and Mortgages
The collapsing housing market was especially bad in those states that had seen runaway real estate prices in the previous decade.This culminatedin all sorts of shady behavior from investors, banks and other mortgage lenders.
Understanding What Happens During a Recession
During these tough economic times it is important to understand what happens during a recession in a country or the world. Before we are able to understand the happenings, we first have to establish what a recession means.
About Spain, Marbella, and The King
Marbella is situated on the south coast of Spain; La Costa de Sol. It is one of the most distinguished cities in this southern region. Distinguished most of all because of glamour. Unfortunately, this glamour is fading away slightly. Maybe not in the last place because of the death of king...
Raise Your Recession IQ - What You Need to Know About the Crisis
Unless you have been living in a rock for the past year, for sure you have heard about the current economic recession that is being experienced by some of the major countries in the world. Most likely, the majority of what you know about the recession came from the media. The problem with the media