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Economics : Business & Finance

Reality or Illusion? - Can Wanting to Believe Make It So?

Not since the Civil War has the country been this split, with half believing that the economy is fully recovering and the other half insisting that calamity is just around the bend. For the past two years the Federal Reserve has been pumping money into this economy through QE1 & 2 and other direct s...More...

Will the US and UK Lose Their Triple A Debt Ratings?

Since December, 2009, the world's leading investor services have warned that the United States and Great Britain may lose their top credit ratings unless their inchoate economic recoveries develop into sustained economic growth. The two nations have taken similar steps to resuscitate their stru...More...

Large Jump in Australian Employment Figures

While the rest of the world struggles to come to terms with the ongoing global recession, it seems things are very different in Australia. The Australian Bureau of Statistics today confirmed that February saw an additional 71,500 jobs created in the Australian economy against estimates from experts ...More...

Why Should the Government Assist US Auto Manufacturers?

As a lifelong resident of Michigan, I was raised with the belief that we must purchase only those automobiles produced by an American car company (yes, even if some parts were made in foreign countries). To this day, I still hold that belief due to the fact that I find it incomprehensible to allow m...More...

Should Dubai Ports World Deal Be Economy Or Security Concerned?

Dubai Ports World, an Arab company, showed a great deal of interest on November 29, 2005 to acquire The Peninsular and Oriental Steam Navigation Company ("P&O") a British company for 3.3 billion. P&O is one of the top four international port operators with 29 container terminals and operat...More...

Why the Bank of England Rate Cuts Are Having Limited Success

The Council of Mortgage Lenders have released statistics showing a slight increase in the level of mortgage lending in October. Gross mortgage lending was 18.7 billion, up from the 17.5 billion lent in September, but down 44 per cent compared to the same month a year ago when the figure was 33.4 bil...More...

Lessons From Ireland on Economic Growth

For most of the past 300 years or so Ireland has had the dubious distinction of being a country more known for the hardships suffered by its inhabitants than for its beautiful countryside. While people in other parts of the United Kingdom and in Europe enjoyed a relatively high standard of living Ir...More...

International Industrial Development Is Leading to World Unification

International alliances will become increasingly centered on specific long term goals of industrial production and distribution and less on military or ideological needs as was the case in the 20th century. The essence of 21st century competition is competition in efficient product output and jockey...More...

Unemployment Rates Increasing - What's the Way Out?

It seems as if recession is not in a mood to leave. It has arrived predator-like and growling, just as a lion would haunt its area, through around 50% of American households. These influenced households stand on the losing end of a frightening dream....More...

The Financial Crisis Explained to Joe the Plumber

When many people lose half of their retirement plan, they deserve an explanation. Our experts seem to be confused. A down to earth approach leads to the idea that we have a message to learn: Use paper money but don't abuse it....More...

The Trouble With Using TARP For the Current US Auto Industry Bailout

The Troubled Assets Relief Program (TARP) was set up by the United States Government as part of its response to the (almost) Wall Street crash of autumn 2008. OK perhaps the word crash is perhaps over stated but lets be honest the DJIA did still plunge some 6000 points at its worst and enjoyed some ...More...

Fuel Prices Could Hinder Trucking Industry Growth

This article discusses the effect of rising fuel costs on the trucking industry. It looks at how the high fuel costs cause a ripple effect within the greater economy and how other factors contribute to the slow recovery of the trucking industry....More...

Interest Rates and the World Economy

There is no effective way to measure the source of funds as well as the amount of funds each bank and lending institutions have. This would mean facing difficulty in making estimates as to the credit facilities and funds that they have available for lending to business enterprises and individuals. T...More...

The Business of Education in America

The education system is being divided on the basis of ability to pay banks. The nations needs are becoming secondary to those of financial institutions. The wealthy are using the very model to prepare their children for college that the federal government is rejecting for main stream America. Why is...More...

The Day the Earth Stood Still

Why Wall Street imploded in just a few days? Who is really to blame? Why won't it be fixed for years? How can you turn straw into gold? When everyone else is moaning about their lost jobs, their decimated savings and plummeting portfolios and their foreclosed homes, those who have learned a few...More...