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Entries for the ‘Economics’ Category

Trillion is the new billion…

Disgusting, but true…trillion is the new billion.  Unfortunately, the entire concept of dollars in the trillions is beyond most people’s ability to reconcile.  Knowing this, Mint.com has put together a great little kinetic typography clip providing some context…

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Chilling video essay depicting the reality of foreclosures…

For some of us, understanding the true impact of the housing and credit crisis(s) in the US is challenging to say the least.  This new video essay from Slate shares what some people are dealing with in the hopes that a human face can be attached to this talk of $700 billion bailouts, multi-million dollar [...]

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Canada’s housing market destined to follow US market?

David Wolf, an economist at Merrill Lynch, recently made statements to that effect.  Based on a certain amount of foresight and crystal-balling, are we able to take the necessary action to reduce or remove the possible negative effects of a real-estate crisis in Canada?  What are your thoughts on this?             [...]

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Another wee book review: The Halo Effect, Phil Rosenzweig

Have you recently been wondering how the economy has gotten so bad in such a short time; or how business leaders go from being demigods to demons in less than a year; or how about those fluctuations on a stock from external forces that make little to no sense (i.e. a cotton farm in Bangalore [...]

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