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economics (14)

Finance Minister of India Mr. Arun Jaitley announced a massive Rs.6.92 lakhs crore infrastructure spending and another Rs.2.11 lakh crore for bank re-capitalization to strengthen Indian economy as the economy was weakened to 5.7% in the April-June 2017 quarter due to demonetization and implementation of new taxation system called GST (Gross Sales Tax).

The cabinet headed by Prime Minister Mr. Narendra Modi, passed the proposal of Rs. 6.92 lakh crore investment in building 83,677 km of…

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In a press conference on Tuesday, Fed Chair Janet Yellen said: "My colleagues and I may have misjudged the strength of the labor market, the degree to which longer-run inflation expectations are consistent with our inflation objective, or even the fundamental forces driving inflation." 

Read more below:…

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Great read on current issues involving the Fed and its $4.6 trillion balance sheet.

Dick Bove, an equity research analyst at the Vertical Group, explains the problem with the Fed and how the Fed would be insolvent if it were judged as a private financial institution. Read more below:…

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A concerning report from WalletHub says that US consumers will add more than $60 billion in credit card debt by the end of this year: 

http://www.foxbusiness.com/features/2017/09/11/americans-headed-towards-1-trillion-in-credit-card-debt-study-says.html

Are you concerned about the rise in credit card debt? How do you think this…

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Economic globalization is the linking of places through activities such as production, trade, and consumption (2011). As nations become more integrated in global trade, the growth of these nations economically become more dependent on each other.  There are also some issues with this globalization effort. As the world is becoming more unified in the form of trade, we are also losing sight of our national economies. Each nation is dependent on others. For instance, the Japanese economy is…

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FED Reserve Prediction

Author: Connor Vargo

Editor: Vanessa Lopez

Prediction made on December 5th, 2016

 

     The United States Federal Reserve is planning to meet on December 13th and 14th to decide whether to raise, lower, or keep interest rates the same. Their decision will have a tremendous impact on the fate of the US economy. Lowering the interest…

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I have been reading some articles about regional economic integration and I do believe that it helps the globe with trade. The issues that really stood out with regional economic integration was having one currency between the countries that are trading. When Greece had their financial crisis recently they had a hard time trying to bail out, because they were using the Euro as their official currency. Using the Euro did not help, because Greece could not have any say in their monetary…

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New Haven Eds and Meds? Really, Armando?

Reading Armando's state of New Haven essay, there's a definite correlation here between spending by the Federal government and the success of the efforts in education and medicine in the region, of course. And there is that state money...the region's enormous expenditure on the Affordable Care Act will resonate for the years (few? many?) of its existence, as users, both those old and new to the New Haven region, flock to hospitals or at least physicians for more care than they ever had before.…
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America's Top 100

Advised by: Dr. Brian Marks & Dr. Armando Rodriguez

            They say music is subjective and that, as a form of art, individuals interpret the songs they hear based on their own knowledge and preferences. If that is the case, than how can the “top 100’s” that exist today truly depict the most popular songs, artists and albums of our era? The tracking and data collection of music sales began during the mid-15th century.…

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In my two previous posts in this Connecticut-related thread, I fretted about Connecticut’s perennial basement-dweller reputation. A reputation documented by the numerous state-wide economic performance rankings bandied about in policy circles.  If you missed my previous post on this you can read it here.…

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In today's world, most people enjoy the comfort of their own home to watch movies.  It is cheaper, closer and more relaxing than venturing out to the theaters.  For these reasons, movie-theater owners are finding difficulty in filling seats to make continued profits.  New ideas ranging for 4DX films where the seats move, to being centered by three screens for a 270 degree experience are beginning to emerge.  Personally I believe the three-screen theater is competing with the new in-home…

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