economy

Don’t Pay Them! from ranfuchs ^Pro 222 days old

In the last year, Britain’s top ten best-paid chairmen have led their companies to an average loss of 36%. In contrast, the companies of the 10 lowest-paid ...

Credit Crisis Rescue Package: if you still don't understand what they are talking about in the news from ranfuchs ^Pro 236 days old

You have two cows, and you write down on a piece of paper that the cows are worth $100 each. You notice the cows are on fire. Your paper still says ...

Paying Tax from ranfuchs ^Pro 242 days old

Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go ...

Economic Rationalism from ranfuchs ^Pro 242 days old

[ ... ] and help the economy at this time of hardship. On the other hand, by not operating this train, the train company will still get the same number ...

The ultimate solution to the credit crisis from ranfuchs ^Pro 249 days old

The solution to the credit crisis is very simple. Let us, citizens, print our own money. After all, if the government can print money it doesn’t have, ...

Are stocks cheap enough to buy? from ranfuchs ^Pro 256 days old

For the last two years, since the beginning of the credit crisis, so called experts have been concerned with when is the right time to buy cheap stocks ...

RBS reveals biggest loss in UK history from ranfuchs ^Pro 259 days old

As a result, RBS management has agreed to reduce (not eliminate, God forbid) their performance bonuses, and instead increase their base salary, claiming ...

Capitalism is … from ranfuchs ^Pro 266 days old

A society in which the biggest manufacturers (GM, Ford, and Chrysler) want to be rewarded for making products that no one wants to buy

When arrogance goes bust from ranfuchs ^Pro 299 days old

[ ... ] When England economy was strong, England saw no benefit in joining the Euro, although at the time it had much power to dictate the conditions. Now, ...

Obama's Change (not) from ranfuchs ^Pro 305 days old

It’s very disappointing that Obama, whose election motto was CHANGE, is taking advice from the very same economists whose policies led us here. CHANGE ...