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Economics
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Is a Current Account Deficit Harmful?
Recently the US the current account has reached an unprecedented level, reaching nearly 6% of GDP. Despite the record levels of deficit many in the US administration have argued that there is nothing to worry about, confident the US will continue to receive capital inflows to finance the deficit.
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Market Influence of Interest Rates
The result of rising interest rates is that there is an increase in mortgage payments resulting in a lower demand for housing. On the other hand, a fall in interest...
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Unheard and Unseen: The Plight of America's Homeless Poor
It is only when disaster strikes a poor area that the country sees the face of poverty. After Andrew in southern Florida and Katrina on the Gulf Coast of Louisiana and Mississippi, the omnipresent television cameras caught a glimpse of what it is like to be poor in America. We saw the faces of the forgotten lined up in the Superdome and had to admit that the national dream of success and a comfortable lifestyle does not extend to everyone.
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Edible Reforestation
Have we lost too many rainforests? They can be replaced in some degree with staged biomass, reduce atmospheric CO2, feed and heal a hungry, sickly planet. Is there a will?
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Economic Forecasting: The Basics
Unlike inaccurate weather forecasts where we can make alternate plans with little or no consequences in the larger scheme of life, wrong economic forecastsing can have serious consequences. Even when making decisions about your financial future involves educated guesses, guessing may be a better alternative than making no forecast at all.
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Deflation - Is It Coming?
To answer the question asked by the title of this article I shall
use a simple, one syllable word everyone should be able to
understand. NO. Did you catch that? No. No. No. No deflation.
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