Something in your gut tells you that the financial problems of the world are far from over. Just when it seemed like the financial collapse of 2007 to date was easing, the sovereign debt crisis erupted in Europe and elsewhere. You would not be alone if you have feelings of foreboding about the future of the U.S. and world economies. When you are worried about the nature of the so called economic recovery that seems so shaky, you may find…[Continue Reading]
If you read the financial newspapers or magazines much, then you will see two different competing theories of economics thrown around quite a bit. These terms Austrian economics and Keynesian economics come across as very confusing. Although they can be quite dense, they do not have to be. In the paragraphs that follow, you will learn what the principles of Austrian economics are, what the principles of Keynesian economics are, what a good example of the two are, and which…[Continue Reading]
Have you ever taken a look at the paper bills in your wallet and wondered why people and businesses blindly accept simple and relatively plain green pieces of paper in exchange for goods and services? It might surprise you to learn that this has not always been the case at all. In fact, this is only the forty year anniversary of the phenomenon of a world wide paper currency system that is unique in the history of the world. A…[Continue Reading]
There is no shortage of books that you have seen published on the subject of the economic malaise and instability that continue to plague the world since the financial crisis and Great Recession broke out back in 2007. You will find that many of these types of books point fingers and take names on who is responsible for the collapse that everyone has felt touch their lives and those of their families, neighbors, and friends in some personal way. One…[Continue Reading]
You probably realize that there are many ways to measure economic value that is added to a company. Such value is built up as all of the interest holders in a company recognize that there is a major improvement in the benefits or the quality of the firm and its products or services. The typical means to measure a company’s results include net profit margin, return on net worth, operating profit margin, profit after tax, and return on investment. Return…[Continue Reading]
You should know something about the economic forecasts of Robert Wiedemer the famed economist, who correctly predicted the collapse of the housing market, credit markets, jobs market, stock market, U.S. government debt, and U.S. dollar market. He has since then made further predictions for the American economy in the years 2012 and beyond. They read much like a Mayan calendar doomsday scenario. This prescient economist claims that you will witness a fifty percent unemployment rate, a ninety percent stock market…[Continue Reading]
New York Times columnist Thomas Friedman declared in a Jim Lehrer interview in 1996 that the two superpowers of the world are the U.S. and Moody’s Ratings Agency, and you could not always tell which of the two were the more powerful. Since Moody’s started to threaten to downgrade the U.S. AAA national credit rating by putting it on credit watch review on July 13th, you have no doubt heard their name mentioned a great deal. Yet you still may…[Continue Reading]
If you listen to the financial media much, then you have no doubt heard the almost passionate claims that the U.S. and world economies have recovered from the brink of the disaster that was the financial crisis and Great Recession. Your own personal experiences may tell you otherwise. Have you ever wondered if the talking heads and politicians are telling you a lie in order to attempt to hold the world economy together as long as possible? The new book…[Continue Reading]
Everyone would like to know the most valuable financial secret in the world. The revelation of this mystery may come as a shock to you. Gold represents the past, present, and future store of value against which all other goods and even currencies have been and will again be measured. If you can take advantage of this unshakable truth now, then you will profit hugely when the U.S. and other Western nations return to the gold standard in the next…[Continue Reading]
You probably did not see a little known announcement that appeared on the website of the International Monetary Fund in April. Articles have since been written about it which reveal their prediction that China will surpass the United States as the largest economy in the world in 2016. This may not at first sound like shocking news to you, but the event had not been expected to take place for at least another decade beyond this. When China passes the…[Continue Reading]
