economy
Economy and the area of production, distribution, trade, and consumption of goods and services.
How Can We Send Money Directly
As I've mentioned in previous articles, the idea of an "electronic coin" has been around for some time. The concept was first introduced by Charles Stross in his novel Accelerando (1999). In this novel, he describes a system called "Ether" which allows people to send money instantly from one person to another. This system uses a network of computers that are connected together and share information. One of the characters in the book refers to it as "the internet of money".
By Charlotte Jones4 years ago in Journal
How to Earn Money Online without Investment?
With loads of individuals stuck at home nowadays, many are searching for ways of bringing in cash from home with practically no venture - from undergrads, remain at-home life partners, homemakers, retired people, and even finance managers/ladies who need to accomplish more things as an afterthought.
By dip Vaghela4 years ago in Journal
How I Became a Cryptocurrency Millionaire At The Age Of 29…
First of all, my name is Shawn McKay and I can clearly recall back then in 2019 when I was working as a clerk at the Halliburton company in Texas (you can see a picture of me when I was still working down below)…
By Valentine Okwujiaku4 years ago in Journal
How shortages are snowballing through industries we rely on & what we can expect for the year ahead
The global supply chain has yet to recover completely from the shutdowns that have been a fact of life since 2019. Now, however, COVID19 is just one of several factors that are leading to supply shortages across multiple industries.
By Lucinda Thorpe4 years ago in Journal
Iceland Forpassed All Financial Challenges To Be One Of The Steady Economies
The Republic of Iceland is a little country yet with so many gigantic financial possibilities. The North Atlantic Ocean’s financial system is very reassuring as far as the financial standing of the country is concerned.
By Osei Agyemang4 years ago in Journal
The 7% Conundrum: Why Today’s Inflation Numbers Are Not as Bad as You Might Have Been Led to Believe
Introduction Inflation. You can’t turn on the TV today or visit your favorite news site without seeing a story touting just how bad the inflation situation is currently. Of course, you see the very real effects of inflation in your life everyday, as everything, from your fast food meal to gas for your car and especially, cars themselves, seem to be constantly going up, up, up! And so when you see, read, or hear a news story on inflation, you know that yes, inflation is all too real today and that it is directly - and negatively - impacting you and your family’s finances!
By David Wyld4 years ago in Journal
9 Reasons to Invest in Smart City!
Have you ever desired to build your home in the opportunistic city of Lahore? If your answer is yes, then being the residents of Pakistan, we all know how much charisma Lahore has held among the other cities of Pakistan.
By The Masters Real Estate4 years ago in Journal
Expect Interest Rates to Rise This Year
Recently a Federal Reserve official indicated that the US central bank could raise interest rates by early March. This is in response to “alarmingly high inflation rates,” according to a recent article in the Financial Times.
By Mark R Hake4 years ago in Journal
Why Does The Common Person Feel So Screwed In India?
Why does the person on the street feel so screwed? The GDP (Gross Domestic Product), a measure of the economic growth of a nation is soaring and the equity markets continue their “dizzying” climb to more and more highs. Moreover, India is supposed to become a 5 Trillion Dollar Economy pretty soon and this euphoric feeling of taking a “place on the global high table” should be cause enough for celebrations and cheer all round. However, despite these “stellar” accomplishments, the lives of the poor and the less privileged continue to languish, with fantasy gazing at the glitzy lives of the rich and the famous substituting for the missing happiness and joy in their lives. While it is commonsense that high economic growth would invariably lead to higher incomes for all in the long run, the present situation in India resembles the Victorian Gilded Age, with the gains going to the Top 10% or worse, the Top 1%, leaving the rest in the doldrums. As the graph below shows, India is among the most unequal countries with the share of the total income showing wide divergence between the rich and the rest. Worse, the pandemic has made matters even more dire for the Indian middle class and the poor, as the bulk of the Millions of jobs lost have been from these classes.
By Rammohan Susarla4 years ago in Journal
The US recovery from COVID was a remarkable one
There are differences in the pace of recovery from COVID shocks among major advanced economies. According to the US trade data, contrary to Japan and Europe, the U.S. GDP surpassed its pre-COVID level during the third quarter of 2021. It may return to its pre-crisis trend by the fourth quarter. The pace of recovery in Europe during the second and third quarters was still quite rapid; the U.S. GDP gap with Europe has narrowed. The U.S. is notable in two aspects:
By Import Key4 years ago in Journal
