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China: On the Way to a Deflationary Crisis
By Sam VakninAuthor of "Malignant Self-love: Narcissism Revisited"Consumer price inflation in China is down to 4.2%. The growth rates of industrial production (output), exports, and imports are all down. China is on the path to deflation. Mounting sovereign debts crises... UK Drivers cut petrol use by 15%
They put up VAT [Value Added Tax] by 2.5% expecting to rake more money in from the already cash strapped tax payers, only to find that unsurprisingly sales in all areas have fallen to compensate. Retail sales on... UK Inflation rise shows risks to more Bank easing
Inflation ticked up last month and appears on track to hit 5 percent later this year, further squeezing cash-strapped Britons and posing a major obstacle to any moves by the Bank of England to give the economy... cosmological theories
Current widespread theories compete for center stage: explaining, or attempting to explain, how our universe came into being. 6-Day Creationism: Many fundamentalist Christians interpret Genesis literally. God created Earth in six days and rested on the seventh. They argue all... The Fall Of A Nation
Repeating history is synonymous when nations fall. The United States continues to defy the odds by repeating history every 60 years or so and still continues to survive. For how long will this deception by this nation defy the odds by continuing to succumb to repeat itself?... Deflation in the USA and its Effects on Consumption and Investmen
By Sam Vaknin Author of "Malignant Self-love: Narcissism Revisited"Interview granted to Bankrate.com, August 2010 Q. Why would deflation happen in the United States? A. For deflation to happen in the USA, an unlikely confluence of economic developments and policy errors... Social Security: Seniors feel the pinch of no benefit increase
"Inflation has barely budged in recent months, but try telling that to the seniors who won't be getting an increase in their Social Security benefits next year.The government reported its consumer price index was up 1.1% over the last year, indicating inflation is still... Indians Fighting Inflation with Technology
Despite the global economic downturn, many countries of the South are seeing rapid economic growth. That can have a down side: inflation (http://en.wikipedia.org/wiki/Inflation). Inflation can be caused by... Why I miss George W. Bush as one leader of the free world
George W. Bush not only tried very hard to asset the population of the United States by helping their financial growth but he also tried to help Arabs in other countries by giving them freedom of choice in... 636 views | 8 recommendations | 23 comments
Extraordinary economic times require extraordinary measures
Allowing the Bush tax cut to expire is a no-brainer. As some leading Republicans say, it will reduce the debt by $13 trillion. While economists are fearful about deflation, my view is that they are operating on an... Unemployed and Overqualified in Canada?
Was it last week that I invited Now Public members to peruse my nascent group on Facebook- which I encourage any of you who are on EI, are forced into work overseas (like myself), or have serious qualms about how the Canadian Government is reacting to a colossal problem that... Bermuda after 11 years of PLP We're Bankrupt : Merry Christmas
"Do you believe everything the government tells you? Economist and statistician John Williams sure doesn't. Williams, who has consulted for individuals and Fortune 500 companies, now uncovers the truth behind the... Hey Brother, Can You Spare $4.00 for a Gallon of Gas?
I put 10 gallons of gas in my pickup the other day. It cost me about $2.50 more than it did the week before.Not a large amount. But take that amount times the nearly 200 million drivers in the United States, and... 274 views | 42 recommendations | 15 comments
This Depression is just beginning
If 18-year Real Estate Boom-Bust cycles are measured 14 years to the top (August 2007) 2 years to the edge, and 2 years to the final bust, this one is obviously not over yet. "Skip the Happy Talk This...
created by Maireid Sullivan | 2 years ago | updated 2 years ago
446 views | 10 recommendations | 5 comments
446 views | 10 recommendations | 5 comments
$100, 000,000,000,000 Banknote.
"To deal with hyperinflation that reached the ludicrous level of 231 million % and saw the price for a loaf of bread hit 300 billion Zimbabwean dollars, Zimbabwe issued a $100 trillion note in early January. (One...NowPublic on Facebook
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