So the stress test results were released early and only 4 banks “failed” the test: Citibank, SunTrust, Ally Financial, and MetLife. This was great news since these banks are not considered in danger at all and many of the passing banks will actually start…
Ok, so I saw this picture on Facebook and I can’t believe how many people like it! It was taken in Georgia and currently has 19,735 likes, 11,301 shares, and 139 comments directly on the photo. Many of the comments are in…
There are two recent TED talks that I would like to draw attention to. I believe that this is type of thinking will be very necessary in the future. Enjoy!
I read an interesting article that had some very interesting implications in it. It discusses the multiplier and the effects of fiscal stimulus on an economy. In it was another article, by Ethan Ilzetzki, Enrique Mendoza, and Carlos Vegh, entitled “How Big…
The Fed minutes apparently reveal that they are contemplating loosening monetary policy if the unemployment rate doesn’t turn around and inflation isn’t kept stable.
What more can they possibly do? The interest rates are still at record lows, they just completed their second round of…
The June job report was awful. Only 18,000 jobs were created during the month (the fewest in 9 months) which was way off expectations and continued a trend of a relatively dismal spring for the economy. The recovery is not going as smoothly as…
Where is Greece headed? The fate of Greece and the European Union has hung in the balance for too long now. Bailouts and austerity measures are not working and the bigger members of the European Union are stepping to try and find a resolution.
The New Deal. The Marshall Plan. The Interstate Highway System. America has a long history of putting its mind to something and not stopping until that goal is reached. These events listed are a…
Peter Thiel is a smart man. He recently paid 24 top young minds not to go to college.
Normally, the idea of going to college is a young person’s dream as it…
Enron – 2001Enron was a commodity and energy service company that was a leader in both natural gas and electricity dealings. When Enron declared bankruptcy in 2001, it had 22,000 employees and over $100 billion in revenues….
