18 November 2010
Do you remember when you were a child and you played a game called Chinese whispers? Very often, the phrase or word that was passed down by someone was completely different from that which was originally said. Obviously, this has some hilarious side effects. And now, as adults, many economists in the Western world are [...]
Posted in Real Estate0 Comments
16 November 2010
Twitter. It’s a two syllable word that’s more than just a two bit word in the world of all things tech. So when Joe Fernandez moved into the same building as one of the most famous of internet start-ups, the internet entrepreneur was doing so while keeping a very simple objective in mind; he believed [...]
Posted in Business0 Comments
11 November 2010
Statistically speaking, air travel these days is much safer than any other form of transport on a pure accident and mortality rate per load of passengers basis. It’s arguably (I’d say most definitely) safer than it has ever been. If you factor in the sheer number of passengers that now pass through airport turnstiles (I [...]
Posted in Business0 Comments
09 November 2010
Economists are looking at the situation that has besieged Europe, namely the European debt crisis, and mulling over whether there is actually a possibility of the European region being hit hard by its financial woes. At least the U.S. has the comfort of a stimulus being implemented, nor a round of quantitative easing to fall [...]
Posted in Economy0 Comments
04 November 2010
Does the Chinese economy matter as much as you think? Perhaps not. Bridging the great wall of China might not be that big of a deal. The townspeople of Alpha in Queensland certainly think so. The town itself, numbering an almighty 400 people, has just one policeman to call upon and a part-time ambulance driver [...]
02 November 2010
In a real sense, the American government has pursued a policy of debt monetization ever since it began efforts of quantitative easing earlier last year. The Federal Reserve was buying up government debt with cash that had freshly rolled off the printing presses, but the U.S. is loath to dub its efforts as debt monetization. [...]
Posted in Debt Management0 Comments
01 November 2010
As the immense and intimidating machinery of the foreclosure systems begin to start churning and rolling back into place, there are scores of homeowners all across America looking to sell their houses even for a loss as the prospect of foreclosed homes looms large once again. The Bank of America and GMAC are once again [...]
Posted in Mortgage0 Comments
26 October 2010
The International Monetary Fund (IMF) has reached upon a landmark agreement that will see membership being allowed to emerging economies that are powering the growth of the world economy. This represents better the growing shift of power from the west to the east as the western world struggles to post the kind of numbers that [...]
Posted in Banking0 Comments
21 October 2010
It has been no secret that in recent times the world economy has been embroiled in a bit of a battle of attrition unlike any other. It really has been a case of “us against the world”, as some romantically like to label it. Every nation has tried to look out for its own interests [...]
Posted in Money0 Comments
19 October 2010
Perhaps the biggest fallout of the entire economic crisis is that there has been a widespread series of foreclosures on homes, thus leaving millions of homeowners homeless and suddenly without a roof over their heads. A lot of these homes were simply reclaimed since the homeowners lacked the capacity to pay for the homes that [...]
Posted in Real Estate0 Comments
14 October 2010
It is, in many ways, absolutely amazing how Europe’s watchdogs and central monetary figureheads have almost stood by while the sovereign debt crisis first snowballed. It was almost as if the European Central Bank was a reluctant bystander, unwilling to shoulder the responsibility and burden of some of the member states of the European zone. [...]
Posted in Economy0 Comments
12 October 2010
Pakistan right now is in a state of near-breakdown. A state of economic being that is best described as shambolic coupled with the ravages of Mother Nature means that this strategic partner of Uncle Sam is in a state of spreading paralysis. If you think President Obama has it bad, you’ll positively feel pitiful of [...]
Posted in Economy0 Comments
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