Some people are rich long before they have money
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About a year ago president Obama announced that he will be making a 100 million dollar budget cut from the 3.5 trillion US budget.
What does this mean? How much is a 100 million dollars compared to 3.5 trillion? If you are like most of us you’ll probably think that both of them are enormous sums [...]
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Each year the Heritage Foundation and the Wall Street Journal compile a list of the top 10 countries with the freest economies in the world.
This year over 10 different categories of freedom were measured. Things like trade freedom, business freedom, investment freedom, property rights and so on.
The freer the economy the easier and better it [...]
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Once a year most of the worlds influential businessmen, politicians, investors and economists meet in Davos, Switzerland to discuss the current state of world economy. This yearly gathering is known as the World Economic Forum.
To give you an idea of how high-level Davos is, you should know that in addition to presidents and prime ministers, [...]
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2008 was a mess. Everything changed from great to being a disaster. The markets were down and most of the world’s leading economies slipped into recession.
For most of the world 2009 is not looking any brighter. The United States, Great Britain, France, Germany and Japan are all expecting a standstill of their economies or a [...]
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