US superpower status is shaken

After the end of the Cold War and demise of  Russian empire America remained the only big superpower but it seems latest development in the financial world and on the other fronts have shaken its position. The...

Why are so many people still smoking?

Despite UK's ban on smoking in public places and good education programmes in place in schools that see all children by age 11 already cued up on the health risks of smoking 9 miilion British people still smoke....

Rev. Jermano Message: The Bridge to Prosperity..Good Economic News.

The International Institute of Nonviolence News&Opinion By: Rev. Jermano   This Sunday let's give praise and rememberance to our Savior and eternal life of happiness to Jesus of Nazareth who...

Smoking ban: The economics behind it, and more!

"India has imposed a new ban on smoking in public places from October 2, 2008, the 139th birth anniversary of Mahatma Gandhi. Four years ago too, one such 'ban' was 'imposed.' However, it was royally ignored and people continued to puff away in restaurants, clubs, bars, you...

The crisis: The explanation

  The crisis: The explanation   It...

Clueless candidates - Freddie, Fannie, Lehman, Merryl Lynch, etc etc

Now with the meltdown of financial institutions like Lehman Brothers, neither candidate for Presidency of the US has a clue that we've been the world's leading economic power "without clothes," that the financial...

The Long-Term Costs of the War in Iraq

I found this article written in May of 2007. I thought it might be interesting to revisit when we talk about the war, and it's impact on our economy. Money that could have been spent on things like developement of alternative fuels,both in government and private sectors ...

American GDP Grows at 3.3% Last Quarter

3.3% isn't bad for a developed country. Not bad at all actually. But forecasts predict some more rough patches ahead."The economy pulled out of a dangerous rough patch in the spring, thanks largely to strong exports, but the rebound isn't expected to last. Economic slowdowns...

Collapse of Large US Bank Looms

It seems that the slow motion train-wreck occuring in the US economy is far from over.  A former IMF chief economist, Kenneth Rogoff is validating the possibility of the failure of a major US bank in the near...

The Crisis of Suburbia

Noted economist Nouriel Roubini paints a frightening picture of the future of North American life.   Roubini is one of the few  people who anticipated the current US financial crisis and should be...

Wall Street's Post Mortem of the Credit Meltdown

If you have a spare day or two here is the link to their 172-page report dissecting what went wrong and the changes they need to make to prevent a similar crisis in the future. "“Virtually everybody was frankly slow in recognizing that we were on the cusp of a really...

Applying Spiritual Economics in Modern Time

The enlightened masters have multi-dimensional personality and so they have useful economic thoughts for the upliftment of the society. Be it Rama, Krishna, Buddha, or Tulsidas, they all had economic thoughts for the welfare of the society. Kautilya’s economic thoughts are...

The Center of Economic Gravity and Israeli National Interest

For more on Israel go to: www.israelseen.comfor the sake of all Creation Center of Economic Gravity, other changes and our National Interest Part 1  We all remember when the world went from a bi-polar, two...

Which Candidate is better for the Economy?

Economists' Statement on John McCain's Jobs for America Economic Plan ARLINGTON, VA -- U.S. Senator John McCain's presidential campaign today released a statement signed by over 300 professional economists in...

Helsinki stock exchange opens July as badly as it ended June

At the moment OMXH is down with -2.38% with 8370, which is lower than two years ago.

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