Hey people..
can anyone explain what the heck is goin on with the economy all over the world?.. why are people losing jobs everywhere in every sector. How could it be solved and how long will it possibly take?..
Hey people..
can anyone explain what the heck is goin on with the economy all over the world?.. why are people losing jobs everywhere in every sector. How could it be solved and how long will it possibly take?..
What took George W Bush to mess Up in 8 years, will take atleast 4 to 6 years for Obama to rectify............When America quits buying goods and services the rest of the World gets cold feet as well..............
I hear Dubai is shutting down all those High rise Towers of Babel.............that house of cards was financed through American Mortgage Banks I assume......:(
Re: Economic downfall.
These videos make understanding of ‘what happened’ easier, but still a bit technical:
For a for more formal explanation:
How long? Maybe keep reading Krugman’s blog!
Economics and Politics - Paul Krugman Blog - NYTimes.com
Cuz he did predict dot-com bubble…
RECKONINGS; The Ponzi Paradigm - New York Times
and the housing crises
“Madness is rare in individuals - but in groups, political parties, nations, and eras it’s the rule.” (Friedrich Wilhelm Nietzsche)
No madness is worst than greed. Every so often people assume that somehow they can make money out of the thin air. The most famous one was the Tulip mania of 1636-1637 in Netherland and the most recent one was the “dotcom” bubble of 1995-2001 (on March 10th, 2000 the NASDAQ peaked at 5132.52). Today we are witnessing the beginning of the end of the real estate bubble.
For less techies’ please read about Global Financial System, get knowledge what are International & Government Institutes, legal treaties, how banks, lenders, central banks work.
Why every nation in the world have account in Federal Reserve (Washington DC).?
What are the clearing houses, how every transaction more then 5000$ go to central database located in Belgium and from their to actual location?
How USA/UK/Switzerland/Belgium control the global financial system?
…aaah too much i think..
Here is some links for you:
Global financial system - Wikipedia, the free encyclopedia
Bank for International Settlements
International Monetary Fund
Mercosur - Wikipedia, the free encyclopedia
Capitalism - Wikipedia, the free encyclopedia
Hey people..
can anyone explain what the heck is goin on with the economy all over the world?.. why are people losing jobs everywhere in every sector. How could it be solved and how long will it possibly take?..
Read the Financial Times. You will find out.