European Union
The country of Greece has produced some astounding mathematicians, scientists, philosophers, and other intellectuals in its long history, but managing finances does not appear to be a strong point for this country. After blowing through over $130 million in emergency funding, the country continues to struggle to pay…
The economic situation is improving in the United States, although there continue to be some growth issues in big-ticket items and housing. The Consumer Confidence reading fell in July for the second straight month. June Durable Goods Orders fell one percent with economists expecting a one-percent increase. This…
— by Inya Ivkovic, MA For the most part, during the recent economic downturn, central bankers, economists, analysts and even politicians debated and worried about deflation. What kept most of them up at night, myself included, was an Economics 101 teaching that falling prices prevent the economy from…