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By Moe Zulfiqar Consumer spending is critical when it comes to growth of the U.S. economy. It makes up a significant portion of the U.S. gross domestic product (GDP)—about 70%. So, if consumer spending declines even by a little, it can really impact … Read More This article How to Profit When Consumer Spending Is […]
The Davos ApocalypseMareeg MediaGlobal warming is a long-term problem. Most models indicate that the cost toward the end of the century will be 1-5% of world GDP. This is not a trivial loss; but nor does it put “the world economy at risk.” For comparison, the IPCC expects that by the … …read more Source: […]
Journal of Turkish WeeklyIranian diplomacy and foreign policy is one of precise calculations, one rationally apportioned between Iran’s aims and its opportunities. In this respect, despite its former image as a “rogue state”, Iran is able to pave the way for cooperation with …Can Iran Turn Its Economy Around? Forecasts Suggest GDP Growth This YearInternational […]
ABC NewsDelaying action on global warming will only increase the costs and reduce the options for dealing with the worst effects of climate change, according to a draft report by U.N. experts. The final draft of the report by the Intergovernmental Panel on Climate …Climate Protection May Cut World GDP 4% by 2030, UN SaysBloombergUN […]
Washington PostUNITED NATIONS — U.N. experts are warning that the level of global warming gases is rising rapidly, and delaying action will reduce options for dealing with the worst impacts of climate change. The findings were in the final draft of a report by the …Number of Americans who don’t believe in climate change risesNBCNews.comClimate […]
UPDATE: GODZILLA WILL ATTACK SAN FRANCISCO! In this Godzilla 2014 Update, we find more set pictures that, put together, reveal many plot details. First, the filming action is still in Canada, but has moved to Steveston, BC from Vancouver. There, the first set of picts that caused a ton of buzz came from a depiction […]
Wow! How about the incredible infomercial David Letterman gave President Obama, last night? The Late Show With David Letterman stretched from 11:30 EST to 12:37 EST, running a full seven minutes over time for The Late Late Show With Craig Ferguson. Unfortunately, this CBS posting is not the full interview, and it does a dis-service […]
On Friday, reports were that the U.S. Economy grew at a rate of 2.2 percent. And while many reports say that economists expected that rate to be higher – 2.6 percent – what does it mean? The number refers to the “Gross Domestic Product,” and that is the combination of measures of various aspects of […]
Video games have come a long way since the days of the video arcade in the early 1980`s. And with the coming of the digital age with its ever advancing personal computers and the increasing possibilities of the internet, video games have become a massive income generator for the producers and are winning the hearts […]
The Miami Marlins are the new name of the Florida Marlins, and to this blogger, even if the new uniforms, revealed via a Twitter leak after a marketing event held by the Marlins on Friday, look more like something Speed Racer would wear, welcomes the change. Because now, the Marlins, which are located in and […]
TechCrunch Founder and Editor, and friend, Michael Arrington, has weighed in on Warren Buffett’s op-ed in the New York Times Monday entitled Stop Coddling the Super-Rich. It’s a work worth reading. To put it simply, Warren Buffett explains how the super-rich essentially make money off making money, and it’s that money which they allow to […]
Rick Perry and Mitt Romney be warned: the talk about you is not favorable. This blogger has, after five days of trying and now one week after my birthday, finally managed to score a flight from San Francisco to Chicago with the planned connection to Atlanta. But there’s one problem: the Atlanta flight from O’Hare […]
That we may be headed to another recession is seen in the widely available data about the velocity of money in the American Economy. Now, if you go back to Economics 101, or use the Federal Reserve definition, the Velocity of Money is “a ratio of nominal GDP to a measure of the money supply […]