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Kabul Bank: How Afghanistan’s Future was Jeopardized
The Afghan government has single handedly jeopardized the future of its country by knowingly allowing the country’s corrupt elites to push Kabul Bank to the brink of failure, undermining the entire financial system and the withering trust of its citizens. Worse yet, there are no signs of contrition or real willingness to change a course that could easily lead to not only a failed bank, but to a failed state, civil war and bloodshed.
Eight Probable Economic Trends in 2011The year 2011 is one of immense economic and social change, as the shift in economic power continues to move east. A new Chinese, Indian, and Russian trade zone are only one of the eight probable economic trends for 2011?
Coin MachineryThis article aims to highlight the importance of coins, dating its importance in the earliest history up to the contemporary times. These days people normally live with credits and paper money, yet coinage was never yet an obsolete means of transaction. The most important source of transaction within coinage system is the machines that relies heavily on them.
What Will 2011 Bring?We are 2+ years into an awful economy. We have the financial community to thank for the mess they created and we have ourselves to blame for overspending our means. No need to rehash the awfulness of the fall of 2008 that created this current malaise.
Spin and Class Warfare Failed This Time: There Were No Tax Cuts – Just Tax Rate ExtensionsThe blatant and incessant dominant spin of the last 30 years “tax cuts for the rich” has likely been exposed to a greater degree and to millions more voters than ever before. Democrats probably will lose more and more ground from this attack on our most most productive citizens and job creators. Hopefully some in the Mainstream Media will take some courses where Real World Economics are taught, instead of the redistributionist, advocacy, taught in most of our universities, especially in Ivy League institutions.