Thursday , 25 April 2024

Economic Overviews

Crude Oil: Which Countries Consume It Most Efficiently? (+2K Views)

One of the most fundamental relationships of the modern economy is the tie between the amount of energy a country consumes and their GDP and is an excellent way to predict a country's economic productivity. [This article analysis the daily number of barrels of oil consumed for 20 countries relative to their PPP adjusted GDP. Germany has the largest residual of all developed countries followed closely by the U.K. while the U.S. has the poorest and Canada is not far behind. Read on to determine just how efficient your country actually is in its crude oil utilization.] Words: 470

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Why & How the Euro Came About and What the Future Holds

Introduction: "The crisis in the eurozone is the result of France’s persistent pursuit of the “European project,” the goal of political unification that began after World War II [with the hope] that a political union, a United States of Europe similar to America's, would...prevent the types of conflict that had caused three major European wars...[and] also make Europe a power comparable to the United States, and thereby give France, with its sophisticated foreign service, an important role in European and world affairs." [What went wrong and what does the future hold?]

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No Fiscal Changes Coming Soon – or Ever – to U.S.! Here's Why

The ending in the U.S. will be similar to that in Greece. It is assured for the same reasons. The Democrats will lose the 2012 election...and the Republicans will control government for the next two years. Whatever enthusiasm initially exists will dissipate as soon as the polls show how unpopular austerity is. If they try to cut spending, they will suffer the same fate as the European Austerians. [Let me explain.] Words: 1116

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What Would the Consequences Be If Greece Exited the Eurozone?

Given what is going on in the Eurozone - particularly with reference to Greece and Spain - but also with reference to France, Italy, Portugal, and the Netherlands, things seem to be increasingly spinning out of control. Should Greece exit the Eurozone there will most certainly be contagion issues arising which will be important to you whether you invest in the financial markets or not. Let's take a look at them. Words: 502

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U.S. Financial Crisis Makes Future Rioting In The Streets An Almost Certain Outcome! Here’s Why (+2K Views)

The U.S. government has put us between the proverbial 'rock and a hard place'. Cutting spending to improve our country's financial situation would surely trigger rioting in the streets by those Americans most adversely affected yet not cutting spending will trigger much higher inflation - even hyperinflation - which will also result in rioting....Government cannot control how this ends. They may be able to tinker with the timing a bit and they still have the choice of poisons with which to destroy the country, [but] that the country is gone, that is no longer alterable. Words: 930

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