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Economics : Business & Finance

Greece's Syriza Threatens to Stop Paying Their Bills

It appears that the head of Greece's radical left party believes that there is little chance that Europe will cut off funding to the country, and if it does, Greece will repudiate its debts. Seriously...

Developments Leading to the Icelandic Financial Crisis

The Icelandic financial crisis was surely due to a systemic malady and also due to the over-valuation of Kroner, apart from a whole host of other reasons. But, what happened on various sectors that led to the financial crisis in Iceland is important to be known.

Can Struggling Cities Shrink Their Way To Health?

Luther Gordon, 54, has lived in the same Detroit neighborhood for more than two decades, as he told The New York Times. He doesn't plan to leave his city, but his city should be thinking about leaving him.

The Costly Differences Between Socialism and Capitalism - California Vs Texas

There is a little known laboratory experiment being conducted in the United States pitting two economic systems against one another. Those systems are Socialism and Capitalism. This experiment is taking place in two of the largest states in the country, California and Texas, with California represen

Steering Your Way Through the Economic Tempest

America has been on a heightened state of alert since September 11, 2001, ever on guard against terrorists seeking to destroy our capitalist, free enterprise system from without. But, while we were watching our borders, another sinister threat to our nation was silently spreading within - from Wall

Obama Stimulus Watch - What's in the Plan?

The 2009 Obama Stimulus Plan is estimated to cost more than the Vietnam War with figures adjusted for inflation.You have most likely heard about the Stimulus Plan but you may not know exactly what is in it.That's understandable because congress doesn't appear to know either.

The Economic Importance of Better Housing Starts

We all hear that housing starts are on the way up, but what does that mean? Why is it important? We look at the economic importance of better housing starts in this brief article.

Lending a Helping Hand to Friends and Family

If you know a friend or family member that is on the verge of losing their home or has already been left homeless, there are ways that you can help. Give them a place to stay, help them find a job, buy food or watch their kids so that they can look for work. Your help can prevent them from entering

Poverty Doesn't Equate to Poor

Why do most people use poverty and poor synonymously? These two words have very different meanings and will require some social engineering in order to get people to use these words in the right context.

Capitalism Works!

Why has socialism been abandoned almost every where? Why do productive governments emulate capitalism? What made American capitalism out produce all other industrial societies? Why are American workers still the best?

Sub-Prime Lending Disaster Cometh

In the late 1980s and early 1990s we had the junk bonds and the S & L Scandals and now we have a crisis in the sub-prime lending banking sub-sector. During the height of the real-estate bubble too many loans were being made to folks who had marginal or less than marginal credit. Loans were made well

Introduction of the Ant Tribe

Nowadays, lots of words like "ant tribe", "dwelling narrowness" are famous on the internet and the daily expression which used to describe people who born in the late of 1980s and graduated recently. What is the common ground between ant and the college students born in the late

Will Q2 Earnings Create a Rally?

The Jan-Feb stock market correction began when impressive 4th quarter earnings reports began coming out. The current correction began when impressive 1st quarter earnings reports came out. What will happen when Q2 reports begin in a week or so?

When Will the Economy Finally Turn Around?

When will the economy turn around? Or more precisely, will it ever turn around? What are the effects of the current wave of changes sweeping through the Muslim world? Are we headed for Armageddon? This article gives surprising insight.

The United States is a Decaying Country? WTF

Well folks now I have heard it all, as a Muslim Canadian in BC writes that the United States is a decaying nation and he sites several examples of news events and blows them out of proportion like some Al Jazeera Jihadist

Why Are US Companies Hesitant on Training IFRS?

Due to the Securities and Exchange Commission failing to provide CFO's with a confirmed date as to when IFRS (International Financial Reporting Standards) is to be implemented, many of the leading companies in our country are not directing their resources towards the change and feel it is not a

The Real Issue No One Talks About

The cable business networks are all a flurry with discussions about rising prices, bank failures, and our failing economy. But I have noticed something critical missing in these discussions. Seldom is anything mentioned about the underlying cause of our troubles. The worthless piece of paper we call