Economics
An Interesting Question: What if EVERYONE Was Financially Savvy?
Monday, August 25th, 2008From Liz Pulliam Weston:
We personal-finance types constantly nag readers about spending too much and saving too little.
But what would happen if everybody suddenly took our advice? What if every household in America:
• Paid off credit cards in full every month and carried no high-rate debt?
• Had an emergency fund equal to at least three months’ [...]
More Krugman Hogwash!
Wednesday, July 9th, 2008This recent editorial by Paul Krugman bugs me. According to Krugman everything was hunky dory under Clinton and everything bad was caused by either President Bush or is tied somehow to the Republicans (or right-leaning Democrats). Here’s proof that Krugman is an idiot (emphasis mine):
If Bill Clinton’s attempt to reform health care had [...]
A Look at the U.S. Dollar
Monday, July 7th, 2008Take a look at the chart of the five-year history of the U.S. Dollar’s relationship with the Euro:
Back in August 2003, one U.S. Dollar purchased .9184 Euros. As of last Thursday, one U.S. Dollar only purchased .637 Euros, a decline of 30.64%! To put it in perspective, imagine you are going to [...]