Currency Reserves

Deficit Spending
Deficit Spending
Deficit Spending ?Spending financed not by current tax receipts, but by borrowing or drawing upon past tax reserves.? , Is it a good idea? Why does the U.S. run a deficit? Since 1980 the deficit has grown enormously. Some say its a bad thing, and predict impending doom, others say it is a safe and stable necessity to maintain a healthy economy. When the U.S. government came into existence and for about a 150 years thereafter the government managed to keep a balanced budget. The only times a bud
A Study Of The Market Reforms In Post-Communist Eastern Europe With A
A Study Of The Market Reforms In Post-Communist Eastern Europe With A
A Study Of The Market Reforms In Post-Communist Eastern Europe With A Specific Case Study of Poland Introduction Poland, as well as it's fellow post-communist countries, face an arduous task in re-inventing their economies to match the dominant Western style currently dominating the world. The difficulties lie in the areas of ideology, structural needs (massive changes required), world recession(current) and debt load. Communist Economics Why did the economics of the communist bloc fail so miser
U.S. Budget Deficit - Good Or Bad?
U.S. Budget Deficit - Good Or Bad?
U.S. Budget Deficit - Good or Bad? ?Spending financed not by current tax receipts, but by borrowing or drawing upon past tax reserves.? , Is it a good idea? Why does the U.S. run a deficit? Since 1980 the deficit has grown enormously. Some say its a bad thing, and predict impending doom, others say it is a safe and stable necessity to maintain a healthy economy. When the U.S. government came into existence and for about a 150 years thereafter the government managed to keep a balanced budget. Th
J.P. Morgan
J.P. Morgan
J.P. Morgan John Pierpont Morgan is considered one of the founding fathers of the modern United States economy. He was an industrial genius that is accredited with the founding of many companies including General Electric and AT T. However, Pierpont is looked upon as a saint and demon the same. He received a honorary degree from Harvard university that read: Public citizen, patron of literature and art, prince among merchants, who by his skill, wisdom and courage, has twice in times of stress r
Decline Of The American Empire
Decline Of The American Empire
Decline of the American Empire In any era there are different protagonists, playing the same game on a similar board. Like a game of monopoly, there are nations competing to become the foremost leaders of their time. They amass great wealth, powerful armies, and political sway. When the influence and might of these countries transcends the confines of their boundaries, so that they become a presence throughout the world, they become empires. At times, it seems as though one of these empires win
Business
Business
Global Recession Hits the Developing World Economic downturn means poor nations have to depend more on foreign aid.Transcript of radio broadcast: 13 March 2009 This is the VOA Special English Economics Report. Both the World Bank and the International Monetary Fund expect the world economy to shrink this year for the first time since World War Two. As recently as January, the I.M.F. had predicted growth of one-half percent. But this week its chief, Dominique Strauss-Kahn, said the world has ente