Great Recession: Are War Spending And Wealth Concentration To Blame?
A superficial analysis of the recession and the global financial crash, with their long lasting effects on the world economy, put the blame on the burst of the US real estate market bubble. However, some much bigger forces and overall budget trends have being at play for 30 years within the US economy. In the […]
Free Market Capitalism: A Bipolar Vicious Cycle of Boom and Bust
What most economists are still calling “The Great Recession” officially started in December 2007. However, the global financial meltdown started a bit later, in the fall of 2008, in the United States. Calling this massive global crash “recession” was always an understatement made to avoid a complete global panic. A more accurate term would have […]
Real Estate: The Sharks Are Back Working Inside Deals With Banks
Even so the George W Bush’s Great Recession had many factors at play such as the trillion spent for the wars in Iraq and Afghanistan, the trigger effect was the burst of the US housing market bubble. From 2002 to 2007 the banks played an active role in inflating the prices and in some area […]
Global Trend: The Rich Are Getting Richer
According to a report published by Capgemini and Merrill Lynch, in 2009 the wealthy got wealthier worldwide despite the global economic downturn. Globally, the number of millionaires rose by 17 percent in 2009. Meanwhile, the middle class and the poor are getting increasingly squeezed as the result of the 2008 global financial meltdown, which translated […]
Larry Kudlow’s Anti-Gay Mutual Funds
The same disregard shown by Wall Street and ‘Big Finance’ to laws and regulations governing exploitation, fraud, and theft, has been extended to principles of civil rights and civil liberties. Ave Maria Funds, Advised by Larry Kudlow, and managed by Schwartz Investment Counsel, will not serve the investment needs of any companies that do not discriminate against homosexuals and same-sex marriages,
