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Very few Americans fully realize how quickly the US is becoming a massive prison. Citizens are enchained by rising taxes and constant attacks on personal liberties. In addition to weights every citizen must bear, the government is locking up it’s residents at an astronomical rate. Today the United States has a higher
July 5, 2012 Jakarta, Indonesia Fourteen years ago during the Asian financial crisis, Indonesia endured a currency collapse, a severe 2-year recession, and an embarrassing IMF bailout. Western bureaucrats wagged their fingers incessantly at Indonesia, lecturing the country about the dangers of excess and fiscal irresponsibility. How sweet the irony is. In
Online privacy is quickly becoming a hot topic in the political spectrum. Debates on government’s role in protecting individuals privacy are more heated than ever. To better support the pro-privacy users, online companies have been releasing privacy reports to let their customer’s know exactly what their information is being used
The US presidential race is heating up as Romney is now the presumed GOP candidate and President Obama is making fundraising tours. The recent ruling by the Supreme Court to affirm the Individual Mandate has re-sparked the healthcare debate however is this really the most important issue? A recent survey
While Jamie Dimon answers questions to congress explaining why JP Morgan took record losses and the banks in Europe are downing in their insolvency, many people are wondering which banks are actually being profitable in this volatile time. Despite China’s slowing growth, they currently have four of the five most profitable banks
One of the biggest problems with government intervention and regulation is that they usually operate with a large amount of inefficiencies and ineffectiveness. In spite of the good intentions of the Environmental Protection Agency, billions of dollars are spent every year to enforce laws that don’t serve their purpose. According to Business Insider a recent
Government stimulus is similar to giving a tired child a bag full of candy; they’ll get a quick burst of energy but soon they experience a crash. We are currently seeing this analogy come to fruition in Japan. After the earthquake in 2010 their government implemented a stimulus plan to
July 3, 2012 Liechtenstein Being a convicted felon in America is starting to look pretty good. Let me back up a second and explain: The Patient Protection and Affordable Healthcare Act, also known as ObamaCare, became law on March 23, 2010. Within the law, there is a provision that requires
In today’s retched economy, it can be very difficult to find any glimmer of hope. However, the over-saturation of college degrees can actually be a good thing for independent, entrepreneurial thinkers. High paying jobs are in short supply, however it is often in the face of adversity that people achieve the most. Fortune’s Scott
Over the past three decades, China has become a manufacturing powerhouse primarily because of their extremely low cost of labor. However because of their economic success, Chinese incomes are on the rise and hurting profit margins in manufacturing. In order to combat this problem, China is rapidly expanding their use
In the global market, international investors are always looking for the next economic hotspot. Egypt has a rich history of being one of the trading centers of the world but they have lost much of their former glory. As an investment location, Egypt remains to be an extremely risky place
July 2, 2012 Chisinau, Moldova Ah Moldova… the poorest country in Europe, which just so happens to have had a Communist party majority in its parliament since 1998. These two points are not unrelated. Despite having achieved its independence from the Soviet Union over 20 years ago, the state is still a
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