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The Canadian economy has overall been very strong. While Canada’s economy grew at a hefty rate, in comparison to the American rate. In the United States growth has been slowing as business continues to be rather cautious. Both consumer and business confidence in Canada are higher [...]
for some odd reason , left wing socialist types have an anger envy type of mentality towards “speculators”. One known prototypical example – F. Russel , a very good example of the socialist dogma in action. Breaking of any of this socialististic dogma is among the greatest sins in life. “cue jumping” example in [...]
The Fed’s current rate cut addressed the risk of recession and a meltdown in credit markets. But by lowering rates before it really wanted to , it revised fears of inflation – some observers have warned that inflation could force the central bank to raise rates at some point in the future
The central [...]
The bankruptcy of the United States government has been talked about for years by independent observers. If you’ve read the book, “Empire of Debt,” then you know where the U.S. is headed financially. But most people have no idea about the ultimate financial consequences of decades of borrowing and spending by [...]
As global investors dump stocks in a flight to safety that has whipped gold prices to a series of record highs, Indians are doing just the opposite. In a nation that buys a third of the world’s gold output, even bullion dealers are selling the stuff in hopes of a seventh year [...]
ephen Schwarzman may think he has image problems in America. He is the co-founder and CEO of the Blackstone Group, and he threw himself a $3 million party for his 60th birthday last spring, shortly before making many hundreds of millions of dollars in his company’s IPO and finding clever ways to avoid paying taxes. [...]
The real estate slump has no fix – either quick or long standing. The real estate slump could expand into more than a slow-blown recession. The housing market in major U.S. cities are in a state of a major mess. Even the real estate agents and industry [...]
One of the dramas gripping the U.S. economy is that of sub-prime mortgages. Act two – which is all about house and housing prices. asset-backed commercial paper and the three month Libor rate – came to [...]
Many who have long and longer term memories can still recall the Yom Kippur war of October 1973 between Israel and its Arab neighbors , the subsequent OPEC oil embargo that sent the price of oil from $ U.S. $ 3 a barrel of oil to the then [...]
However in life , we all need to play the cards we are dealt , one at a time. Some of time it may that we ourselves are allowed to pick or deal those exact cards. Because these are the only cards that we will get , at that time and moment. any [...]