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What Obama’s Deficit Spending Means For the Value of Your US Dollars
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#XMen #Marvel #Mutantes
What Obama’s Deficit Spending Means For the Value of Your US Dollars
The New York Times has an article in its January 6, 2009 edition reporting on US President-elect Barack Obama’s warning that there will be trillion-dollar deficits for years to come.” Deficit spending is the term given when the government borrows more than it takes in via taxation. What’s that mean for the markets and the US economy overall?
Crisis? What Crisis?Comparison of impact of the global recession on a city based nuclear family and a country based extended family. Discusses how specialization provoked by a belief that income will be optimised leaves families defenseless against major economic downturns. Questions the fundamental family economics of first world countries.