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Women worked to death in Lebanon
"Four Ethiopian domestic workers are thought to have killed themselves in three weeks. Lebanon must protect these women. They mop floors, take out the rubbish, walk the dog, buy groceries and care for the children, the elderly or disabled. Many a well-to-do and lower middle... China says yes to free markets, no to free currency regime
President Barack Obama on his tour to China has approached a very cautious approach. While raising issues of contention between the two nations, he has been subtle in his own right. He agreed to the... Re-education on Capitalism
“The only certain fact about Russian affairs under the Soviet regime with regard to which all people agree is: that the standard of living of the Russian masses is much lower than [...] the paragon of capitalism,... Economics is at core of Obama's Asian tour
President Obama has asserted that China's growing economic muscle doesn't pose a threat. The same day, he traveled (these evening) to Singapore, and grappled with the question of... How to create wealth?
A question that many people continue to search for is how to create wealth. Well wouldn’t it be nice if there were some easy method for creating wealth and passive income streams. But realistically there isn’t... The US Dollar
Like gold, U.S. dollars have value only to the extent that they are strictly limited in supply. But the U.S. government has a technology called a printing press that allows it to produce as many U.S. dollars as it... Where are the consumers?
If the consumer credit party is over, is it possible for businesses to grow, and prosper? Not now, when consumers stop consuming, the economy stop growing.If consumers don't borrow, the consumer economy won't... Tough love 'is good for children'
"Children brought up according to "tough love" principles are more successful in life, according to a study. The think tank Demos says a balance of warmth and discipline improved social skills more than an laissez-faire, authoritarian or disengaged upbringing. " We were... Roubini's Bad News Explained
Roy C. sent me the following message: “Roubini's bad news. Could you translate some of the harder stuff into something comprehensible?”Lets try to make it better understandable:The United States is up to its... Hey let’s help save the World, whilst drinking coffee.
No I am not talking about climate change, but an acceptable New World Order. Well it’s about the money that makes this tired old world go around yes the dirty ragged dollars. Whilst the land of the free has been... Economies Will Change:
Rebalancing the world’s economies won't happen overnight, that will take far more time.A Headline in The New York Times says: "Americans stop buying; trade deficit declines" "For the first eight months of the... What will the US Dollar do?
Ben Bernanke the chairman of the Fed, said in a speech at the National Economists Club in Washington, in November 2002:“Like gold, U.S. dollars have value only to the extent that they are strictly limited in... Deficit and National Bankruptcy
Roy C. wrote me this message: “Last night on FOX News, Dick Morris said that if the interest rates go up to 6%, something more normal, the cost of servicing the debt will rise to an amount equivalent to all the... Is Active Monetary Intervention Necessary?
Friedman's "solution for reducing the prospect for active intervention as well as the margin of human error was to propose the establishment of monetary rules instead of monetary authorities," explains Vox Day the... Women's Wages Outpaced Men's During Recession (US)
"The wages of the typical woman who had a job during the worst recession in decades rose faster than those of the typical man, new data from the Bureau of Labor Statistics show. Over the past two years, the wages...
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