US GDP 2Q15
US GDP was down from 1Q15 at 3.9% to 1.5% in 2Q15. Businesses are cutting back on inventories bracing for Continue reading
US GDP was down from 1Q15 at 3.9% to 1.5% in 2Q15. Businesses are cutting back on inventories bracing for Continue reading
At least within the EU, the debate about Bitcoin is over. It is officially a currency. The US continues to Continue reading
It has been a long time since Americans have been known as savers, and the situation has gotten even worse. Continue reading
Globalization increases, increasingly connecting economies that were isolated. That is why a ‘regional’ crisis like the US mortgage crisis rippled Continue reading
“The IMF is profoundly concerned, warning at last week’s annual meeting in Peru of $3tn (£1.95tn) of excess credit globally Continue reading
One of the major contributors to US revenues had been corporate taxes. With globalization, more corporations are storing revenues off-shore, Continue reading
The poor are undercapitalized. So, rather than devising programs that apply systemic solutions to a demographic or regional population, maybe Continue reading
European Youth Unemployment is as high as 50%. $30T of fossil fuels are effectively worthless, dramatically decreasing corporate assets. 75% Continue reading