Iris Mack's Blog - Economy

5 of 10 Top Economies in the World Drop the U.S. Dollar

Sun, 07 Apr 2013 20:06:00 --0100

The U.S Dollar is quickly losing its status as the world reserve currency. Five of the top ten economies in the world, plus a few others, no longer use the dollar as an intermediary currency for trade. This trend poses a huge risk to the dollar and the United States along with it. Please read more here.

Ron Finley: Growing Your Own Food Is Like Printing Money

Sun, 10 Mar 2013 22:12:00 --0100

Brilliant speech by a real problem solver!

Economy to Government: "I'm Just Not That Into You"

Fri, 15 Feb 2013 00:35:00 --0100

Economic Freedom: Hong Kong Ranked #1

Sat, 09 Feb 2013 01:59:00 --0100

Hong Kong was ranked #1 in Economic Freedom in 2012. It is ranked #1 in Economic Freedom in 2013 as well!

The complete list may be found here.

Trading Report: Greeks Fight For Food

Fri, 08 Feb 2013 16:54:00 --0100

Once a bastion of European success and center of tourism, the country of Greece has become the harbinger of things to come for the rest of the world?s developed nations. Not long ago Greeks were enjoying high paid salaries, early retirements, excess cash, and seemingly never ending economic growth. Today, just a short time after a financial collapse that rocked global financial markets, Europe?s darling has turned into a frightening example of what happens when governments and their people take on more debt than they can ever hope to repay. The end result is a warning to the rest of us. Please read more here.

Is Bartering the New Economy?

Sun, 20 Jan 2013 19:51:00 --0100

Will traditional banks become obsolete if more and more people and businesses begin to barter?

Unemployment Control!

Thu, 17 Jan 2013 18:04:00 --0100

Lots of talk about gun control in Washington, D.C.

Be nice to hear our politicians talk about some unemployment control.

The job cuts, bankruptcies and plant closings are racking up: http://dailyjobcuts.com

True News: There Will Be No Economic Recovery

Mon, 14 Jan 2013 13:33:00 --0100

Everything you need to know that the media is not telling you...

UN Economist: America's Health, Equality & Democracy Ratings in Decline

Sun, 25 Nov 2012 01:53:00 --0100

The concept of "American exceptionalism," which traditionally places the US ahead of the rest of the industrialized world, should be dramatically reconsidered as the health and wellbeing of US citizens are sacrificed in the name of profit. This is according to Dr. Howard Steven Friedman, a leading UN health economist and statistician, and author of the book 'The Measure of a Nation.'

Russia Today: Max Keiser on America's Pyramid Nightmare

Tue, 21 Aug 2012 19:16:00 --0100

Max Keiser and co-host Stacy Herbert discuss "Operation Twist" and various financial schemes....

Economic Freedom: U.S. Ranked 10th Place

Thu, 16 Aug 2012 15:24:00 --0100

Hong Kong is ranked 1st out of 41 countries in the Asia?Pacific region.

Wall Street Journal: U.S. Unemployment Increased to 8.3%

Fri, 03 Aug 2012 14:24:00 --0100

Gold in London... Meanwhile, back on the homefront, not so golden....

Trading Report: Bad Jobs Report Is Just A Very Small Taste Of U.S. Nightmare

Tue, 05 Jun 2012 13:45:00 --0100

The American media blabbers 24/7 about the problems in Greece and the rest of the Eurozone. But it hardly mentions the dire situation right here in the states. As a result, most Americans are totally CLUELESS as to what the heck is happening to our economy. Freakin' scary! Trading Report once again presents some pretty dismal stats on the U.S. economy.

World Bank Chief: Beware a Rerun of "Great Panic of 2008"

Mon, 04 Jun 2012 12:47:00 --0100

The head of the World Bank warned that financial markets face a rerun of the Great Panic of 2008. On the bleakest day for the global economy this year, Robert Zoellick said crisis-torn Europe was heading for the ?danger zone?.

Trading Report: 11 Quotes That Show Financial World Is Worried About Europe

Thu, 10 May 2012 13:25:00 --0100

The recent elections in France and in Greece have thrown the global financial system into an uproar. Fear and worry are everywhere and nobody is quite sure what is going to happen next. All of the financial deals that Greece has made over the past few years may be null and void. Here are 11 quotes that show how worried the financial world is about Europe right now?.