Wednesday, June 5, 2013

Why poverty in America is concentrated most heavily in the mid-western states and old industrial north east?

Why poverty in America is concentrated most heavily in the  mid-western states and old industrial north east?

Because few rural areas are experiencing population growth

According to the Department of Agriculture 15 per cent of the US population spread across 72 per cent of its land area and those aged 65 and over account for 15 per cent of  the rural population but 12 per cent of population  nationally.

Sunday, June 2, 2013

Economics is not a highly sophisticated field of thought.

Economics is not a highly sophisticated field  of thought.

You don't need to be an economist to know  what was wrong in the past.

And about the future, careful economic analysis  and data are unable to kill personal interest and ideology at time of making tough choices.

Saturday, June 1, 2013

Another victim of Fed exporting inflation overseas:

Another victim of Fed  exporting inflation overseas:

Turkey

Inflation rate (consumer prices):
9.1% (2012 est.)

SOURCE: 2013 CIA WORLD FACTBOOK

Another typical effect:

Antigovernment protests spread as more than  100,000 people took to the streets across Turkey.

Wednesday, May 29, 2013

Every government knows that the only way they do anything is the way they've always been doing it:

Every government knows that the only way they do anything is the way they've always been doing it: proposing to expand its reach into  the existence of a massive government.

Tuesday, May 28, 2013

Personal income in U.S. in March 2013

Personal income is an individual’s total earnings from wages, investment interest, and other sources.

Disposable income is total personal income minus personal current taxes.

In March 2013, according to the Bureau of Economic Analysis (BEA)

Personal income  was:               
$49,584.00   

and

Disposable personal income (DPI)   
 $33,216.00

Thursday, May 23, 2013

How many hedge funds are in the U.S.?

Hedge-fund databases, BarclayHedge  contains 4996 hedge funds and 24376 Funds (hedge funds + Fund of Fund) .

Morningstar’s hedge fund database contains data on 7,000 actively reporting funds from more than 3,700 managers. Additionally, Morningstar offers historical information on more than 12,000 dead hedge funds.

Sunday, May 19, 2013

One man alone means everything

One man alone means everything