Statistics on UK Food Consumption Revealed by Money Saving Website
A UK based money saving website, VoucherCodesPro.co.uk has completed a piece of research into the shopping habits on food in the UK. Most notably, people have reduced the number of fruits and vegetables they eat. More...
Goldman Sachs: Lower oil prices to cause loss of $1 trillion, many projects ‘unprofitable’
The global oil industry will face a loss of $1 trillion as producers will be forced to cancel a number of key projects if oil prices stay below $60, says Goldman Sachs. Tuesday’s Brent crude trading at $59.9 More...
Economic Activity Surge Noticed In Ireland
While so many countries from all around are struggling, Ireland shows a constant growth in its economy at a rate of 8% per year. This is an economic activity surge that was not seen ever since the early 2000s. We More...
Protests in Venezuela continue as students pack the streets, inflation tops 56%
The failures of socialism and a brutal dictator are again on display in Venezuela as student protesters pack the streets, violence surges under clouds of tear gas and inflation reportedly tops 56%. Image/CIA Opposition More...
Krugman is a Keynesian ‘crank’ wanting to empower the inflation fairy
Lest anyone think that Paul Krugman is an economist, his latest column bemoaning the lack of hardcore inflation presents every reason as to why he is a crank, although a famous crank. Yes, the Inflation Fairy More...
At this rate Japan’s economy will never recover-we should take notice
Japan has been in serious economic doledrums for at least two decades now. Their horrible economic policies have done nothing to improve the situation. These are same Keynesian economic policies that the United More...
The dollar era is nearly over
While listening to an interview with a MIT economics professor today on Tech Ticker, I was astounded by how he answered the following question, Is America headed down a similar path as Greece? photo: TaxRebate.org.uk Professor More...
Hugo Chavez and Venezuela face new challenges
Venezuela citizens flooded to stores to scoop up goods at the currency was devalued this week. President Chavez announced rolling blackouts to accommodate energy shortages and now soldiers were dispatched to force More...
State of the Nation: Bogus unemployment numbers, inflation, Sotormoyor distracts America
16.5% Unemployment ?!?! This Washington Post article (and the website itself) proclaims to calculate the actual unemployment numbers. During the Bush years we were told that the 4-6% was falsely low for various More...