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...

Deflation, is that like depression?

Falling prices and wages happens when there is a smaller market for goods and services and people are overpaid when labor costs are compared to the global average, assuming equal pay for equal work. That is...

Price Comparison: New Moon DVD and Blu-Ray

If you're on the East coast then the Twilight saga's New Moon is officially released on DVD, Blu-Ray, OnDemand, and download. If you're on the West coast, well, you have a couple of hours left....

House sales warm up in June

This is good newsfor Victoria.  Home sales increasing may help  the entire economy"House sales closed in on a record last month in Greater Victoria. A total of 946 homes and other properties sold in June, making it one of the top...

Indian Gold Prices at Record, Cooling Jewelry Demand

With constant hammering of stock market gold is fast emerging as the best source of invesmtment.  Gold zoomed past all previous records to set a record . Gold dealers said melting stocks and forex markets left no other option for investors other than gold and they...

Smile!

I have learned the value to smile the same way the Filipino’s do its not an art but a state of mind.  The world is full of problems mostly caused by the elite society in each and every country. But the...

Oil Prices in Pakistan

Govt. of Pakistan is getting having profits by not reducing the oil price. Oil prices have droped drasticly world over because of economic crisis but here in Pakistan people are still waiting to get the true effect.

Rio Tinto to cut 14,000 jobs

The fire in job market is reaching Australia know. slow down in demand of almost all the commodity , and related impact on mining is forcing the Rio to fire 14000 employees.But unfortunately all effort to control...

Online travel insurance now available in Vietnam

The budget airline Jetstar Pacific has joined forces with AIG Vietnam General Insurance Company (AIG Vietnam) to offer an online travel insurance service, called Jetcover, on its website from November 12." ...

963 million go hungry, high food prices responsible: UN

Food and water , two need that we cannot get rid off.Unfortunately it is not the production defeciency but the economics behind the trade is responsible for keeping the billion people hungry . I am neither...

Saks Fifth Ave on 70% Discount

The economy crisis terrorized the Wall Street at first when share prices dropped to the figure below negatives for some even stopped existing all together and the government came up with the slogan " They got...

Crude Oil below $25 - Prediction

According to predictions from Merrill Lynch & Co. crude oil is expected to drop below $25 a barrel. Definetly news which oil/energy companies are not going to be very happy about. What do you think about...

The price gap: Help! How much should I pay?

"Come, come, look look!" I always feel amused by these calls of the Chinese salespersons and vendors, and this being my second visit to China, I know exactly how much to quote/haggle/settle for or simply walk...

Dow slips below 8,000 on growing fear of deflation

" A growing fear of economic deflation helped take the air out of the stock market Wednesday, and another white-knuckle final hour on Wall Street pushed the Dow Jones industrials under 8,000 to their lowest close...

Opec 'lost $700bn on cheaper oil' cartel's president Chakib Khelil

OPEC president is worried that the CRUDE prices are still not US $ 147, it is a notional loss and it seems that OPEC wanted to make extraordinary profits for every. The cartel is also worried that due to recession their profits will still be reduced substantially and maybe...

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