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Home Archive by category "Economics" (Page 2)

Category: Economics

Millennials Are $1 Trillion in Debt but They’re Better at Saving Than Previous Generations

Economics, Politics
millennials debt

Millennials have racked up over US$1 trillion of debt. Yet, in comparison to previous generations this group is significantly more fiscally conservative.

What I Learned From Bob Hawke: Economics Isn’t an End Itself. There Has To Be a Social Benefit

Economics, Politics
hawke economics

Hawke and Keating were a dynamic duo of creative economics leadership. They reformed all aspects of Australia’s struggling economy.

Germany’s Deep Rooted Obsession With Saving – A Brief History

Economics, Politics

Germans not only save more than their UK counterparts, but the deep rooted national habit has more implications for Germany than those numbers would reveal.

How Your Employer Uses Perks Like Wellness Programs To Control Your Life

Economics
Perks at work: coffee

Benefits, particularly those that employees deem necessary or exceptionally valuable, enable employers to exercise surveillance over workers.

The Case for 32 Hour Work Week

Economics, Sidebar

Newer posts
  • NATO Declares Outer Space an ‘Operational Domain’

    After declaring space a war zone, NATO could start using space weapons that can destroy satellites or incoming enemy missiles.

  • FCC Orders Phone Companies to End Robocalls

    The FCC released new rules aiming to combat spoofed robocalls. They require phone companies to implement a new protocol.

  • Negative Interest Rates Will Not Fix the Global Economy

    Would you deposit one pound with a bank today if it was going to give you back less than one pound tomorrow?

  • The US Is Worried About Its Critical Minerals Supply Chains

    When U.S. companies build military weapons systems, electric vehicle batteries, satellites and wind turbines, they rely heavily on a few dozen “critical minerals” – many of which are mined and refined almost entirely by other countries. Building a single F-35A fighter jet, for example, requires at least 920 pounds of rare earth elements that come primarily from China.

  • Why the New Trillions Did Not Cause Hyperinflation?

    The Fed issues as much dollars as needed by writing the new trillions on its balance sheet. These new trillions are channeled usually via government bond buying or through the banking system.

    The US government designs its economic policies in a way that makes its trade balance of payments always negative (by large values). Therefore, trillions keep flowing overseas (to pay China, EU, Japan etc for the imported goods and services).

    Moreover, the US coerces foreign governments to trade between each others in USD; especially for oil and gas. In this way, the ‘excess’ dollars keep circulating worldwide.

  • Japan to Build Wooden Satellites to Avoid Space Junk

    Sumitomo Forestry, a Japanese wood processing company, has started developing wooden satellites, in partnership with Kyoto University.

    The project is proposed as a solution to the space junk problem. Thus, end-of-life wooden satellites would fully burn up in the Earth’s atmosphere without leaving any harmful debris.

  • A Global Shortage Highlights a Troubling Trend: A Small Number of the World’s Chips Are Made In the US

    It might not seem important that 88% of the semiconductor chips used by U.S. industries, including the automotive and defense industries, are fabricated outside the U.S. However, three issues make where they are made critical to the U.S. as the global leader in electronics: lower capability, high global demand and limited investment.

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