Economic Crisis as a Purging Mechanism

With the current interest rate base economic system, where an amount of interest is applied to any kind of debt, economic crisis is Inevitable. – No, it is Inevitable. Growth cannot help countries escape debt, it is wrong to assume that growth can outpace interest. Impossible, for the banks will always charge an interest rate [...]

“Tolong jelasin masalah resesi dong”

(Conversation as of 19 October 2008) yyyy(9:43:38 PM): btw tlg jelasin masalah resesi dong yyyy(9:43:43 PM): gw ga ngerti nih hehehe yyyy(9:43:47 PM): lo kan pasti jago Dhirosattha (9:44:40 PM): resesi ekonomi scr umum? ato yg sekarang? yyyy(9:47:25 PM): yg sekarang

Detroit bailout? Wait, what about free competition? And all this talk about free international trade?

November 14, 2008. The US automakers asked the US government to provide them with a $ 25 Billion bailout. Well, the executives said it’s not a bailout, it’s a loan, to allow the US automakers some breathing space to innovate. Hogwash. Sorry Obama, I support you for the US presidency, but if the US automakers [...]

Relation between Vocational & Computer Money and Reps & Dem leadership

So often economy and politics converge. It is political system that makes money, the blood of economy, possible; without a stable system of governing a country, no paper would be able to assume a value beyond its production cost. And it is politician who can make policies that affect the economy through laws, taxes, regulation, [...]