Economics and Currencies on BestCashCow - economy, recession, dollarBestCashCow | Making You Money: financial news, financial products, financial tools
Just as China attained supercharged growth that astounded much of the world, it appears to be slowing more sharply and more quickly than anyone anticipated.
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Beijing worries that if growth...
Robert Schiller just published an interesting article in the NY Timers on why human beings, and especially top economists miss diagnosing a market bubble until it is too late. The answer shouldn't...
The ticking time bomb of overpromised, underfunded public pension plans has finally exploded. 40% of pension plans are underfunded and that assumes future returns of 8% annually.
If this happens...
The U.S. economy has all the ingredients—slowing job and wage growth, slack consumer demand—for a deflationary cycle, without strong financial markets to cushion the blow.
It seems like it...
America has by far the widest income distribution. The average American income is around $33,000 with the top 10% (or decile) of earners having an average $87,257 of disposable income, while those...
Despite global economic woes, one positive aspect for main street America has been the relatively rapid rise of the US dollar in the last 3 months. The dollar index (DXY), a measure of the...
Hungary has always been one of the safest emerging markets. Now in a desperate effort to save the currency from rapid devaluation as investors move money out of the currency, it has raised its key...
In the past year, the market's fall has at times rivaled that of 1929. Are there connections or similarities between those earlier national traumas and our current crisis?
Mark Cuban makes some good points in his blog about our current financial mess:
The beautiful thing about this country is that we like to work hard, and we like to take chances. Unfortunately,...
The article demonstrates the extraordinary risks to a global economy where people are socking money into internet accounts at offshore banks. The problem fortunately shouldn't strike the US. Your...
Here's an interesting one sent to me from Everbank. They have a new CD product that consists of currencies from countries that have strong balance of payments and positive trade deficits.
All the federal bailouts, treasury cash injections and foreign infusion of funds into our institutions/stocks has meant that America's national debt is set to pass $10,000,000,000,000 this week. To...
Article | Submitted Oct 1, 2008 | Views: 38 | Comments: 0
Tags: economy, debt, dollar, us
Many analysts and economists think that the US bank problems and bailout are going to weaken the dollar in at least the short to medium term. The Treasury has printed 1 trillion in new dollars...
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