Published: Sat, 24 Sep 2016 21:26:11 -0500
Fri, 23 Sep 2016 09:25:45 -0500Wall Street is throwing a rate-hike temper tantrum, and the Fed is ready to cave. But the Street isn't the only brat in this currency playpen.
Thu, 22 Sep 2016 14:51:50 -0500The battle for President of the United States between Hillary Clinton and Donald Trump rages on towards the finish line, nasty as ever. Despite blinding differences, they each seem to rely on an historically-authoritarian style of delivery (based on dualistic thinking) to underscore their obvious superiority over the other: Insider/outsider, right/wrong, good/bad, black/white, smart/stupid, experience/no experience, etc. Yet does Nero fiddle while Rome burns?
Mon, 19 Sep 2016 10:59:17 -0500In a sense, investing is a lot like a game of chess - thinking ahead about where a future stock price will be based on certain circumstances. That's what makes stock price movements somewhat predictable, and ultimately profitable.
Fri, 16 Sep 2016 09:05:00 -0500Thus, I can tell you without equivocation that the facts I have tell me a frightful story about the future direction of U.S. stocks. We're now at record levels on both the Dow Jones Industrial Average and the Standard & Poor's 500 - records built atop unwarranted giddiness and held together by extreme optimism.
Thu, 15 Sep 2016 08:42:47 -0500These days, we have a monetary nemesis called negative rates. It's already a reality in Japan and the European Union. But large banks, incredulous at being forced to store their digital cash at the European Central Bank (ECB) - and paying for the privilege - have a strategy to deal with this ongoing financial horror show.
Tue, 13 Sep 2016 10:13:48 -0500Socialism has always been a debatable topic in terms of its success as a system. In the previous article we have listed Jakarta Governors' accomplishment in carrying out his social programs. In this article we are going to examine the sources of funding and how are they obtained and managed.
Mon, 12 Sep 2016 07:55:32 -0500When we think of a global economic system we would like to envision a world free of the retching poverty, disease, the corruption of political systems, the economic instability of some countries, the selfish dominance of leaders [ in that they refuse to ease the undo suffering of their people ] and a world that really can't find lasting peace between nations. You just have to look to nations like what happened in Libya and other countries in Africa as well as Syria and North Korea today to understand that there are leaders who continue to deny their populations basic...
Fri, 09 Sep 2016 08:36:03 -0500U.S. exports are down nearly $64 billion so far this year, and yet the Fed is flirting with raising interest rates. Can you imagine the economic storm if the dollar gets any stronger?
Wed, 07 Sep 2016 10:09:22 -0500As another earnings season comes to an end, one thing immediately jumps out: Stock prices are out of whack from their core value - earnings. And the implications are dire.
Thu, 01 Sep 2016 09:38:03 -0500Despite the Fed's blather, America's chemistry is off. An ingredient necessary for a vibrant economy is missing. One look at the data will show you exactly what's missing and why.
Thu, 01 Sep 2016 09:19:14 -0500The European economy is supposed to be wracked by doubt and anxiety over Brexit, negative interest rates and terror attacks. So why are markets rising? Government spending, and lots of it.
Wed, 31 Aug 2016 13:40:14 -0500As one travels through the cities and towns across the United States you see the faceless multitudes drifting from place to place. For you and me it is just another day in paradise. But, for those countless millions all across the country their plight continues unmercifully with no respite in sight.
Wed, 31 Aug 2016 06:50:11 -0500When nations around the world trade goods and services they foster a friendly relationship, which means that war is less likely, that is a good thing right? Well yes, of course, Free Trade is a good thing, as it allows for the most efficient producers to produce just like free markets reward the best producers and create efficiencies. Everyone can win. We create and produce what we do best, they do the same, and we trade and we all get a better deal and everyone is happy. That is if these trade relationships are not overly manipulated by bureaucracies, international cartels, international monopolists, or state run enterprises dumping their subsidized products on the world in order to eliminate their competition for decades to come. Let's talk.
Wed, 31 Aug 2016 06:49:26 -0500Some would say that printing money is fairer than manipulated income tax system because when printing money it is devalued and no one escapes the pain? Okay, but why do either? I see income tax as problematic in that it causes huge amounts of time spent on preparing tax forms to prove your expenses and income, which in a way is yet another tax of time, paper, and stress, not to mention cost to hire a CPA or tax preparer due to the complicated tax codes in the US. But that is not a good reason to choose another method for collecting government revenues, nor is it a justification that we need to print more money for government in trade for getting rid of income tax.
Wed, 24 Aug 2016 14:04:35 -0500Selling scrap metal to a recycling center that specializes in metal is a highly-recommended method for earning a decent profit. Learn what you need to know about scrap metal prices right here!
Tue, 23 Aug 2016 15:24:40 -0500The reality is the democrats are getting paid by the corporations and wealthy to raise taxes on them that will destroy small businesses and divert "All" the wealth in the U.S. to the corporations and wealthy. As the economy sinks due to greedy businesses using foreign labor and a government that feeds its pockets off of the greedy corporations the economy dives to a level that the wealthy businessmen and women are satisfied with. These wealthy business men and women do their best to keep the general public that's not business at a wealth level where they cannot create competition against them and then to boot the general public will have to buy their corporate products exclusively because there's nothing else. This scenario has been found out to be corporations and wealthy business personalities purchasing democrat politicians and paying these democrat politicians to raise taxes that in fact destroy their "Small Business" competition.
Fri, 19 Aug 2016 06:36:46 -0500The problem with the progressive agenda is that it is largely a socialist based mindset, and socialism doesn't work, so it isn't progressive at all - rather, it is regressive. Free-Markets like Freedom itself are worthy of defending, for without the free contract, you have forced contract, that is to say you are forced to spend your money on choices premade for you by some other authority, like a government for instance. Recently, I had a heated discussion about this reality with a fellow think tanker, then another think tank member spoke up and said;
Thu, 18 Aug 2016 06:26:56 -0500Before Hillary Clinton revealed her regurgitated plan to help grow the economy again -- at something better than 1.2% which is all the Obama Administration could muster after all that wasted TARP stimulus, alternative energy push, and equality mandates -- she told her voters that she would be putting Bill Clinton in charge of the economy. Unfortunately, this is the same man who feel asleep during her acceptance speech - and who knows who he'll be sleeping with while running the economy if she's elected.
Wed, 10 Aug 2016 15:18:48 -0500Every bit of economic data is dished up for consumption. A one-off snapshot that says nothing about the true state of the U.S. economy... that a consumer-driven downturn on the way.
Wed, 10 Aug 2016 15:09:47 -0500In the not too distant future, America is going to wake up, probably on a Monday morning, and find at least half of their wealth wiped away. A Day of Reckoning is coming and the people will be facing a financial tsunami that they never saw coming. Am I just illustrating a pessimistic attitude and you think dear reader that this could never happen in the good ole U.S.A.? WRONG!
Tue, 09 Aug 2016 15:27:07 -0500The U.S. economy limped along in the second quarter solely on consumer strength. Will that strength return for the third quarter and avoid a recession? Don't hold your breath.
Mon, 08 Aug 2016 08:14:47 -0500With so much attention focused on the Olympics and the Presidential election lies in wait the most severe financial crisis of our times. A financial crisis so severe 99% of all Americans will be financially devastated. They will in fact be far worse off than those who experienced the Great Depression of the 1930's.
Mon, 08 Aug 2016 07:16:03 -0500No matter that Global Warming is only a theory, the IPCC wants to hijack international trade, shipping, energy, transportation and anything else these elite global socialists can get their hands on. A few of the IPCC's most outrageous leaders actually blame capitalism for being too efficient and creating too much abundance and thus using too much energy and using up too many resources as the prime culprit - their answer - kill capitalism to save the planet.
Mon, 08 Aug 2016 06:37:50 -0500Our Federal and State Governments keep growing and seem to be involved in all aspect of human life on Earth, often to the point of absurdity. Most people actually believe that expansion of the government makes a more safe and stable economy, environment, and society - but that is a fallacy. Our government seems to want to rule the world, save the planet, and control everything, heck, you'd think we were living in Communist China these days.
Thu, 04 Aug 2016 06:51:24 -0500Proponents of a minimum wage increase say it will not affect jobs, corporations or small businesses adversely. Well, I suppose that a slight increase in minimum wage wouldn't and it might keep the masses happy, but it won't be a net positive, every little increase will affect businesses, profits, capital investment and jobs. Let's talk a little bit about economics 101 and then let me light a fire under your rear with a robotic future reality if minimum wage increases are too drastic.
Wed, 03 Aug 2016 10:46:22 -0500Three-quarters of China's population still resides in the countryside. Low-income rural residents in China relied heavily on their access to the formal credit market to maintain their basic livelihoods, while those in peri-urban areas depend on credit access to improve their living standards. Since the early 1980s, the central government in China has been working to reform 35,000 Rural Credit Cooperatives (RCCs) nationwide-the mainstay of formal credit throughout rural China-to ensure that they are better able to serve the credit needs and demands of local communities.
Wed, 03 Aug 2016 07:32:31 -0500Many look at China's Rise (economically) and suggest that their state-run capitalism is a superior model. I completely disagree, such methodologies and strategies will never be as efficient long-term as free-enterprise and free markets - short term however, it may look good on paper or economic statistics granted. We need not copy China to compete with them, they did not find a better model than our so-called free-market model. The reality is that we've been messing with our own free market fundamentals for a long time, and they are not currently running at optimal.
Tue, 02 Aug 2016 06:42:57 -0500You'd think that with all the hollowed-out political promises made at the 2016 DNC that the Democrats would be trying to curtail spending on other things and trying to find some way to at least deliver a tenth of what they've promised - not so. The funny thing is that whenever government promises something it takes 5-times as long to come to fruition than anticipated and it costs 4-5 times as much as stated, so whatever you read in Hillary Clinton's so-called "Plans" of what she will do once elected - and let's pray she isn't - it would probably be similar to what the Junior Senator Obama promised on his campaign trail and the harsh reality in the aftermath of things like, well like ObamaCare for instance.
Tue, 19 Jul 2016 13:02:54 -0500With all the concern (and hype) about the UK leaving the EU - over the next few weeks I am going to delve into some economic realities around the globe. I am going to write about China, Japan, Germany, Brazil, and the USA. There are major economic concerns that will inarguably have ripple effects here in the US. I once heard - There is not bad news.
Mon, 18 Jul 2016 07:47:33 -0500It is fact that the poor create wealth for the rich. They are the workers exploited so that their labour acts like a machine allowing production and profit for owners of businesses of all types. The most profitable organisations that profit from the poor are religious institutions who not only promote poverty as righteous but invoke it through the misguided indoctrination and brain-washing of the young.
Mon, 11 Jul 2016 12:17:47 -0500After the fallout of the Sub Prime Mortgage crisis back in 2008, The US Federal Government together with the Federal Reserve were faced with an unprecedented financial challenge that threatened to annihilate the very base of the so-called fundamentally strong US economy. Jolted by the fall of Lehman Brothers, the country was staring at an imminent recession that would have ripple effects across its borders and would lead to a domino effect in the months to come.
Thu, 07 Jul 2016 09:34:08 -0500Bitcoin is a payment system invented by Satoshi Nakamoto who released it in 2009 as an open-source software. Claims to the identity of Nakamoto have never been verified, but the Bitcoin has progressed from obscurity to the largest of its kind, a digital asset now being called the 'cryptocurrency'. The most significant characteristic of Bitcoin is that unlike conventional and traditional printed currency, it is an electronic payment system that is based on mathematical proof.
Tue, 05 Jul 2016 11:23:23 -0500Call it a black Friday or what you will, the events that unfolded on the 24th of June 2016 would remain an enigma in the minds of the millions who voted and those across the Globe who watched in awe as history was rewritten 43 years after Britain was officially signed in as a part of the Eurozone. Almost immediately after the landmark outcome of the referendum came to light, markets around the globe reacted wildly even as the Pound Sterling suffered its biggest single day fall ever.
Mon, 27 Jun 2016 09:12:26 -0500By voting to flee the European Union, the Brits shocked the world... but only because the world wasn't paying attention. Now comes the day after Brexit, and it promises to be worse than the event itself.
Fri, 24 Jun 2016 15:49:29 -0500Ever since the end of World War II, the political powers and the financial elites have purposely steered the world to accept Globalization as the rule of thumb for all economic markets. It worked for a period of about 25 years following the war. The Marshal Plan, General Mac Arthur's rebuilding of Japan and the great renaissance of manufacturing in the United States fueled the growing economies of countries all over the world.
Thu, 16 Jun 2016 09:35:13 -0500May's jobs data shows that the U.S. consumer is struggling. But there's much more to this picture, as consumer debt will pass $1 trillion for the first time since the recession... something has to give.
Thu, 16 Jun 2016 06:53:15 -0500The global economy is on the edge for another recession. However, important people make it answerable to the psychological problem of the people.
Fri, 10 Jun 2016 11:28:36 -0500This article basically educates you about how the value of currency is determined and what all are the factors that basically plays a vital role in this. This whole process is explained by taking an example of INR and USD comparison.
Thu, 09 Jun 2016 15:07:41 -0500Shangri-La, you know that place far off in the distance where luxury and ambiance abound. Where the cares of the world are all in a world far, far away. Where one feels that tranquil harmony with nature.
Thu, 09 Jun 2016 09:07:21 -0500China is using the 1982 United Nations Convention on the Law of the Sea to build upon the Spratly islands increasing their influence and control in the South China Sea. Control that China wishes to extend to the shipping lanes traveling through the South China Sea. These shipping lanes carry over 50% of all commercial goods in the world.
Wed, 08 Jun 2016 15:07:39 -0500Don't believe anything saying a rate hike is on the table in July. It's not. The U.S. won't see meaningfully higher rates for many years. The soon you accept this, the sooner you can avoid financial ruin.
Wed, 08 Jun 2016 13:53:15 -0500The National Urban League 40 years ago released the first edition of its State of Black America report. The report interjected serious consideration of the social economic and social political issues facing African Americans into the national discourse.
Mon, 06 Jun 2016 06:48:40 -0500This is a debate for the 21st Century as never before have we seen billionaires running for office. Now they are capturing entire nations by rhetoric that is frankly frightening to the less endowed candidates. Trump is a case in point and his talk of fences to keep out illegal migrants and a shift in the foreign policy of the USA away from helping to keep the peace to one of outright war is turning heads in many parts of the world.
Fri, 03 Jun 2016 09:03:07 -0500The financial sector wasn't always looking for its next revenue fix. Savings and loan was the name of the game during the Industrial Revolution... back before banks became economic parasites.
Thu, 02 Jun 2016 08:14:06 -0500There's a reason why copper is sometimes called "Dr. Copper." The price of copper indicates the health of the economy - and according to the most recent prices, our economy's about to flatline...
Tue, 31 May 2016 06:41:22 -0500An atmosphere of harmony can be cultivated through simple acts of supporting your local sellers instead of purchasing from large corporations or on-line. Learn about the "Ohana" culture and how it can be applied to all aspects of our lives, including business.
Wed, 25 May 2016 07:38:31 -0500For most of human history, we've lived in largely cashless societies. It's nothing new. But there are concerns about a modern cashless society, and the real threat should terrify you.
Tue, 24 May 2016 06:04:24 -0500Well, here we are in the middle of yet another Presidential Election Year. And we have a couple of outsiders who are making some heavy contributions to political history here in the USA. Yes, I speak of Industrial Capitalist Donald Trump, a total outsider, and Bernie Sanders a 100% admitted socialist and damn proud of it according to his political rhetoric and campaign stump speeches which are drawing crowds in the thousands wherever he speaks. So, let's talk about socialism shall we?
Mon, 23 May 2016 08:02:13 -0500Could anyone actually miss that the United States is in a presidential election cycle? I don't think so. As November draws closer, the election of a new president consumes more of the news and more our conscious awareness. People protest, and are concerned about how the next president, his/her ideas and power, will affect the course of history. Yet, all the while, the true monopolistic power thrives behind the throne, unnoticed and un-protested.
Tue, 17 May 2016 15:47:58 -0500Governments have dealt in larger populations for increasing their tax income while companies have relished them as a larger consumer base, but now it may be coming home to haunt them. While the economy is front and center of politicians and business it is the string pulled by the Spirit of the Universe to bring about the end of the world as we know it. These are big words but substantiated in the Old Testament prophecies and in my memory of reincarnation.
Tue, 17 May 2016 15:05:34 -0500Australian dairy farmers are rapidly going out of business because of reduced milk prices in supermarkets. Two major companies started a price war on milk some five years ago by offering milk for $1Au a litre, that is less than a bottle of water. The farmers are getting so little in return that it does not cover their expenses.
Mon, 16 May 2016 15:09:06 -0500People are driven by fear and pain and fear of pain is the biggest driver. The way he economy runs is by creating a need based on fear of losing out or of missing out. Salespeople know it all to well and advertisements in the media aim at the part of us that triggers the emotions.
Mon, 16 May 2016 06:09:58 -0500This is something that came over the radio today. Because the systems are breaking down as the truth flows over the world the economy is doomed. People are angry and they loathe to vote for the incumbent governments representatives who have failed to put them first ahead of the multi-national companies that are ripping everyone off.
Wed, 11 May 2016 14:54:19 -0500The things we don't know can and very likely will rise up to bite us in times of adversity. In our unstable economy, it's even more incumbent for women and others vulnerable financially to be aware of how the Social Security system, in particular disability benefits, works.
Fri, 06 May 2016 07:41:07 -0500Econometrics does deal with the relationships among several variables. It is a branch of social sciences in which the tools of economic theory, mathematics, ans statistics are applied to analyse economic phenomenon.
Thu, 05 May 2016 09:42:20 -0500Jobs is by far the most important and crucial point to changing the direction of America. Republicans like to focus on Trickle down economics without remembering Trickle up economics. Democrats seem not to realize that the size of government can not remain the same while our private sector lies in ruins. Both sides seem not to fully grasp the complexities of the situation we are in and how to fix it. If there is a way to fix it. We may have to wait for the Invisible hand to do it for us which may take some time.
Thu, 05 May 2016 09:34:11 -0500Laws related to child labour may not yield the desired results. But enhancing the quality of life will reduce the menace of child labour.
Tue, 03 May 2016 08:10:34 -0500The fact is, there are few fundamental signs of a recession. Despite that, the tumult in the equity markets this past quarter caused many commentators to toss the "R" word around as though one were on the horizon. Yes, there is always a chance that a recession could begin in 2016.
Tue, 03 May 2016 06:55:40 -0500No, Not the planners, financiers, engineers, architects, managers. They are one of the inputs in the production process.
Mon, 02 May 2016 08:01:48 -0500With all the fan fare on this year's Presidential election where so many are focused on Trump or Clinton underneath the facade of political rhetoric lies in wait a financial calamity the likes of which would decimate this nation. With blundering policies from trade deals to military interventions over the past 30 years have impoverished this nation. The fact of the matter is the United States is beyond fat broke.
Wed, 27 Apr 2016 06:19:01 -0500Epidemiologist have identified a 3D dysfunctional epidemic transmitted via the mass manufacture of information and communication devices. It has no foreseeable antidote and the best that can be done is to mitigate the damage it is causing. In philosophical logic this chaos is referred to in terms of carcinogenic growth and development. In modern quantum biological cancer research the dysfunctional information flows in the opposite direction to the energies of chaos. The 19th Century linguistic colour perception theories have recently been upgraded into a neurological science, from which the antidote appears obtainable. However, it requires a review of first principle logic before the relevant data can be programmed into a computer to generate a successful conclusion
Wed, 20 Apr 2016 13:12:32 -0500The market has grown used to cries of "Deflation!" and dovish Fed speeches. So much so, that early indicators are being ignored. The fact is, inflation is about to blindside Wall Street.
Mon, 18 Apr 2016 13:46:31 -0500In light of the many natural disasters that befall societies around the world the question arises 'do governments have a long-term responsibility to ensure the well-being and rapid recovery of their citizens post disaster?' One might imagine that "Power has only one duty - to secure the social welfare of the People." (Benjamin Disraeli). But is this what actually takes place? I think back to Hurricane Katrina, Haiti, the Thailand tsunami of 2004, Japanese Tahoku earthquake and tsunami of 2011, the Christchurch earthquakes of 2010-2012 and most recently Hurricane Sandy. What did we get and what can we expect of our governments?
Wed, 13 Apr 2016 15:34:28 -0500With the advent of $15 an hour, labor has won what it considers a seminal victory in the minimum wage battle. But the math just doesn't add up, and it will end up killing the U.S. economy.
Wed, 13 Apr 2016 15:33:19 -0500Shifts in economic growth and weather patterns threaten to decimate world food production... leading to soaring commodity prices and potential food riots. In recent months, I've been fascinated by one of my son's after-school activities: gardening club. In reality, it should really be called "farming club," because clearly the group's focus is all about food, not flowers.
Wed, 13 Apr 2016 13:10:32 -0500Adam Smith is a favorite of free market advocates, but many only hear what they want and ignore the rest. With the free market far from free, it's time to ask, "What would Adam Smith do?"
Mon, 11 Apr 2016 11:02:04 -0500An initial public offering (IPO) is the primary sale of stock by a private firm to the public. IPOs are usually issued by smaller, start-ups looking for capital to foster business expansion, though it can also be issued by mega privately managed firms seeking to be traded publicly. The article provides information on IPOs.
Wed, 06 Apr 2016 15:23:31 -0500As millennials look to turn the tide of wage growth, weekly initial jobless claims data point to trouble for the U.S. economy. Can the next generation provide investment opportunities?
Wed, 06 Apr 2016 13:16:11 -0500After the winter of discontent it is quite understandable why many embrace the coming of spring. From Republicans screaming and name calling to emails that display a continued disregard for a nation and a media circus captivated by a candidates every move it is no wonder then we look forward to when there will be some semblance of order in our every day lives. But, as I reflect on this particular spring the circle of ones life is spinning over very rough terrain.
Mon, 04 Apr 2016 13:31:47 -0500We have consistently been reminded of the role of currency in trade. Mainly developing countries which include China where devaluation is always seen as an unfair advantage in gaining exports. They do this by essentially making their exports cheaper to importers of their goods.
Mon, 04 Apr 2016 09:50:46 -0500Ever since Senator Sanders launched his Presidential bid dispute all the news about how great our labor market is there has been a methodical leveraging of major corporations that are having a ripple effect being felt all across the country. The Internet has been posting warnings about our economy for years and yet the main stream media ignores, deems them not credible and just dismisses them as some crack pot's attempt to gain publicity. Today, with much of the fan fare being led by the media following the Republican led circus...
Wed, 30 Mar 2016 13:06:24 -0500The digital economy. Business enabled by the Internet, we are told day after day, "changes everything." But does it? What's real and what's hype about this revolution? How does the digiconomy really affect your business?
Mon, 28 Mar 2016 11:32:58 -0500There is quite an extensive coverage in the media about countries such as China using tactics such as devaluing their currency to improve their trade balance. Now firstly, the trade balance is a country's difference between its exports and imports. When exports exceed imports, it is known as a trade surplus whereas the opposite would result in a trade deficit.
Mon, 28 Mar 2016 06:15:56 -0500Hasn't anyone ever studied economics 101 or run an actual business? That is the question I ask myself when I hear of government legislators attempting to dictate wages in the free-market. Of course, legislators have ulterior motives namely; promising people higher pay is a way to get more votes; and, if people make more money, they pay more taxes which grows the size of government and increases the power base of politicians. But what happens when wages are raised?
Thu, 24 Mar 2016 09:51:53 -0500Free trade should be encouraged, and not used as a tool by politicians that ultimately harm everyday consumers and businesses from higher prices and lower choices. The benefits directly affect people like you and me, consumers benefit from lower prices and a greater choice of goods. So if you seriously look at Donald Trump's proposed policy of imposing a 45% import tax on goods from China, the consumers suffer.
Tue, 15 Mar 2016 15:16:47 -0500It is hard to live without money but the Spirit has provided for me so that my work is carried out without the financial worries that usually would hinder it. Following my reincarnation and with a strong link to the Spirit of the Universe, the only God, it commissioned me to 'tear down the wall of churches and bring back the young.' Over the years since and with lots of knowledge now given to complete the commission the battleground between the Spirit and 666 is evident.
Mon, 14 Mar 2016 07:43:59 -0500The makers of chocolate bars have a choice of two options when responding to inflationary pressures. They can increase the retail price of their product or they can reduce the size of the bar. In both cases, the change is made with a minimum of publicity, and if the second option is adopted, it will be hoped that most customers will not notice. In many cases, efforts are made to disguise the reduction in size. This is especially the case with Easter eggs, where the boxes are invariably much larger than the eggs. This trend in confectionary may have some marginal advantage in combatting obesity, but the same trend in radio and television broadcasting cannot be justified on health grounds.
Thu, 10 Mar 2016 15:10:28 -0600This article is a support resource for the ACCA P4 Advanced Financial Management exam syllabus. [ACCA] state P4 is 'To apply relevant knowledge, skills and exercise professional judgement as expected of a senior financial executive or advisor, in taking or recommending decisions relating to the financial management of an organisation in private and public sectors.' [ACCA]
Thu, 10 Mar 2016 09:43:07 -0600With the political clout to write its own rules, Wall Street is doing what it has always done... with expected results. But P2P lending is sowing the seeds that could bring it all tumbling down.
Wed, 09 Mar 2016 09:35:02 -0600Society at large has declared war against the free market principles that have played such an important role in the identity of our nation. This article will attempt to defend those principles, and prove to the reader that economic freedom is a system worth fighting for.
Tue, 08 Mar 2016 06:23:18 -0600Insurance is in the firing line as many who believed they would recover the cost of their lost assets are left floundering. Poverty is the way religions use people as support mechanisms. The deeper in debt one becomes the closer they move to religious idols and engage in prayers to them for help.
Thu, 03 Mar 2016 07:16:39 -0600Inclusive growth and structural reforms seem to be some of the solutions to prevent debt ridden farmers' suicides. Political will to resolve the crisis is the key. Budgetary allocations to improve the agriculture scenario too are not satisfactory.
Mon, 29 Feb 2016 07:37:27 -0600I am sure you have heard over and over again the propaganda: "small businesses keep our community alive." Yet, what is subtly omitted is the question of WHO and WHAT of the community is being kept alive?
Fri, 26 Feb 2016 08:21:46 -0600The fiscal responsibilities are variable from country to country. The finance ministers might be in dilemma.
Thu, 25 Feb 2016 11:38:52 -0600In many countries the banks have been facing the menace of non-performing assets. It has been a challenge for the lenders.
Tue, 23 Feb 2016 12:25:00 -0600Big businesses in the USA and the UK continue to use the invalidated theory of trickle down to justify low taxation and state subsidies. The claim is that the benefits will trickle-down to their workers and the community at large. However, economists claim that there has never been an acknowledged theory called 'trickle-down,' and the experience of several decades and numerous countries has shown that as far as big businesses are concerned there is no trickle-down effect. In fact, the cash flow is reversed; there is what might be called a hoover-up effect.
Tue, 23 Feb 2016 06:59:51 -0600The supposed economic theory of trickle-down was much used in the 1950s and 1960s in relation to the development of what was then called the Third World. These were countries left behind in a pre-industrial condition and needing help to catch up. It was argued that in a situation in which very few people were wealthy enough to invest in modern enterprises, the state should use its resources to establish large-scale projects, and the benefits would trickle down to benefit the whole community. The theory proved to be false in the Third World development context, and after two or three decades was entirely abandoned by professionals working in that field, but it is still used in a modified form by the moguls of the business community to justify state benefits today.
Mon, 22 Feb 2016 09:41:12 -0600Most towns and cities would be very jovial over a completion of a big infrastructure project in their locale. It could be a bridge, new road paving, or water system, or any important infrastructure that's been crucial to support the people's lifestyle needs. For every new project the question on how it will be maintain lingers.
Fri, 19 Feb 2016 10:48:52 -0600The old economic theories of wealth creation stating that wealth is a consequence of savings or investment or proper government spending failed to explain the phenomenon. No, this wasn't the classical economy. This was rather described as a well-stocked kitchen waiting for someone to come and exploit its masterful ingredients in order to create a delicacy.
Fri, 19 Feb 2016 07:45:40 -0600The pace development process depends upon several factors. The ultimate aim is to enhance the quality of life.
Thu, 18 Feb 2016 13:16:42 -0600First we had ECB president Mario Draghi announce he is seriously considering eliminating the €500 note, & then we had former US treasury secretary Larry Summers lobbying to eliminate the $100. Both of them use the 'terrorist' angle as justification, saying that the only users of high denominated currency are terrorists, & criminals.
Thu, 11 Feb 2016 09:09:58 -0600The Great Gatsby Curve was devised by economists to show how social immobility rises with increasing inequality of wealth. That is, as inequality increases it becomes consolidated, more rigid and harder to change; it becomes increasingly difficult for a new Great Gatsby to arise. Politically, this threatens the future of democracy, since it leads to a situation in which the wealthy manipulate the system to their own advantage and establish what is, in effect, an oligarchy. Although this trend seems to have been seen by professional economists for a number of years, it is only recently that politicians have come into prominence in Britain and the USA who are aware of the danger, and prepared to try to reverse the trend before the democratic system loses the power of self-healing.
Thu, 11 Feb 2016 09:07:20 -0600Most economists and political scientists seem to be agreed that the biggest challenge facing Western civilisation at the present time is the great and growing inequality in wealth. The capitalist, free market system has slowed almost to a halt in raising the welfare of the masses, and has entered a phase in which the economic gains are accruing mainly to the already wealthy. As the situation grows worse, the chances diminish of anyone from a poor family advancing to a higher level. In other words, the greater the inequality, the more rigid and self-perpetuating the system becomes. This phenomenon is seen most clearly in what economists call The Great Gatsby Curve.
Tue, 09 Feb 2016 07:56:21 -0600This article is a support resource for the ACCA P4 Advanced Financial Management exam syllabus. [ACCA] state P4 is 'To apply relevant knowledge, skills and exercise professional judgement as expected of a senior financial executive or advisor, in taking or recommending decisions relating to the financial management of an organisation in private and public sectors.' [ACCA]
Thu, 04 Feb 2016 13:40:28 -0600Though considered as an up gradation of the third industrial revolution, this is particularly a fusion of technologies; a sound, promising, affluent, and visionary and altogether different revolution coming up soon! The soon-to-happen and highly awaited Fourth Industrial Revolution combines digital, biological and physical systems and will propagate a new interaction between humans and machines.
Tue, 02 Feb 2016 08:44:31 -0600The American dream has turned out to be the American nightmare for many. What can Christians do in this day and age? Also here the Bible has some advice about society and money.
Mon, 01 Feb 2016 12:31:17 -0600In this the winter of the Autumn of my years I often reflect upon not of what could have been but on the things that used to be but are no more. It is quite amazing how quickly times change. It seems like a life time ago I had my moments in the sun and yet as fleeting as those moments were the memories have always stood as if it was yesterday.
Thu, 28 Jan 2016 10:57:51 -0600This article is a support resource for the ACCA P4 Advanced Financial Management exam syllabus. [ACCA] state P4 is 'To apply relevant knowledge, skills and exercise professional judgement as expected of a senior financial executive or advisor, in taking or recommending decisions relating to the financial management of an organisation in private and public sectors.' [ACCA]
Mon, 25 Jan 2016 14:17:51 -06002016 will be a year of harsh economic changes. This article explores the reason for such changes and warns you about the potential consequences of an economic crash.
Mon, 25 Jan 2016 06:56:55 -0600If you've seen the movie "The Big Short," then you know how complicated things can get. The bad news is that the world is bracing for another devastating financial event.