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Posts Tagged ‘debt’

Rien ne va plus – USA shuts down admins

USA_BrokeThe financial crisis over? For sure not. Although many indicators point
to a recreating economy, the USA has another black day in it’s history:
Last happening 1995 when Bill Clinton had to shut down administrative
services, the scenario has now happened again. 18 years later!

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October 1, 2013Netspark No Comments »
FILED UNDER :Curiosities , News , Thoughts
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How to choke the Economy motor

Harsh times that are ahead of the U.S. economy. While the last months have
helped many companies to catch ground again, it seems as if this time’s over
and bad times ahead again. The reason for this? The active Sequester Plan.
But not only this plan is responsible for the upcoming desaster.

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February 28, 2013Netspark No Comments »
FILED UNDER :Economy&Finance , News , Thoughts
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USA breaks it’s holiest taboo!

The USA and Barack Obama have ratified an agreement to raise the debt
limit as long as needed without any upper limit. This way, the USA is trying
to ensure it’s full liquidity. However there’s some stale taste with this as the
actual 16.4 trillion DS$ debt equals 100% of the annual US economic power!

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February 6, 2013Netspark No Comments »
FILED UNDER :Curiosities , News , Thoughts
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Greece gets another financial injection.

And again there are 43 billion Euro for the rescue of Greece so that it doesn’t
have to leave the financial union. While Greece is happy about how the things
finally turned for them, most other countris and their people get upset more
an more. Why is so much money burnt in a country that wastes it so much?

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November 27, 2012Netspark No Comments »
FILED UNDER :Economy&Finance , News
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Facebook stock: a brief review…

Interesting to see, how Facebook has performed just four weeks later.
And it seems as if the stock won’t go any further up so far as it’s value is
at 28.75 US$ by now. Thus, the stock noted still below initial value.
Rough time for Mark Zuckerberg and his try to go for $100 billion value!

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July 22, 2012Netspark No Comments »
FILED UNDER :Curiosities , Economy&Finance , News , Thoughts
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The financial markets again…

So while the financial markets have calmed down since August 2010 when the
swiss national bank has taken action to support the Euro’s stability by putting
the reference exchange value to 1.20 CHF, it seems that new black clouds are
coming ahead to us. The dollar is going to crack the 90Rp.-barrier…

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February 24, 2012Netspark No Comments »
FILED UNDER :Economy&Finance , News , Thoughts
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Greece, Eurpean Union and the Euro

What to say, the European Union and the Euro have an immense crisis for quite a long
time now. Fights here, financial cuts there, failing agreements there, all in all no unity
at all. Greece, actually the biggest debitor in the European Union seems not to agree to
the planned big payment cuts that Greece should do in order to “survive”.

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November 1, 2011Netspark No Comments »
FILED UNDER :Curiosities , Economy&Finance , News , Thoughts
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The next bubble will burst…

…or let’s say, 10 bitter facts, why the U.S. economy is still in big trouble. The U.S.
economy is by far more in debt as most of the people want to believe. Unemployment
is above 20% when you bring in the long-term unemployed. Myret Zaki has stated 10
facts that proove to her that the worst is yet to come.

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September 12, 2011Netspark No Comments »
FILED UNDER :Economy&Finance , Thoughts
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What the €-Prompt…

When I stated 3 days ago that things would look grim but yet okay,I was wrong.
Today the stock markets have lost another 4 to 7% of their value. The market is
really upset and no one can deny it. Even the currencies have gone crazy as
hell. Was the Euro at 1.09 this morning, it lost until 1.05 at the current time.

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August 9, 2011Netspark No Comments »
FILED UNDER :Curiosities , Economy&Finance , News
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Financial Crisis in USA at an end?

As of today the U.S. Government has agreed to raise the debt level under the condition
to lower debts and state costs by 2.7 billion dollars within the next 10 years.
But as for now, the people seem very disappointed that the debt level raise will be a
reason for social and medical cutbacks and a possible tax raise…

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August 1, 2011Netspark No Comments »
FILED UNDER :Economy&Finance , News , Thoughts
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Countries and their debts…

As you might already know, the world economy is very upset…
Bad messages every day about some country facing a complete
financial bankruptcy or at least payment difficulties and the cry
for help…

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July 28, 2011Netspark No Comments »
FILED UNDER :Curiosities , News , Thoughts
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Should one be worried about the Euro?

As you can see, the Euro is undergoing some loss of value compared to the Swiss Franc.
So is the Dollar and other currencies aswell.
But what makes the Swiss Franc so extremely strong compared to the other currencies?
Is it Switzerland with it’s well-known banks or some other factor?

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July 18, 2011Netspark No Comments »
FILED UNDER :Curiosities , News , Thoughts
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