How Can a Country Go Bankrupt?
Theoretically and in a perfect world, governments pay their bills using income from taxes and investment. However, just as how we as individuals often …
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An Economy for the 1%? Inequality – A shocking revelation
According to Oxfam report, the combined wealth of the world’s 8 richest men: Bill Gates, Warren Buffett, Carlos Slim, Jeff …
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Crisis unveiled
The 2008 Financial Crisis is the worst economic disaster since the Great Depression of 1929. It had inflicted profound damage on US financial system and economy. From October 1, the S&P …
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