Indian Central Bank Keeps Interest Rates UnchangedEconomy

Indian Central Bank Keeps Interest Rates Unchanged

On Thursday, India’s central bank kept many people surprised by continuing its prices of interest stable. Amid a notable slowdown…

Unfair Social Security Program; the Rich Get RicherEconomy

Unfair Social Security Program; the Rich Get Richer

The Social Security program is the only program that was truly progressive and benefited the working class more than the…

U.S. Corporate Debt Adds Up to Roughly $10 TrillionEconomy

U.S. Corporate Debt Adds Up to Roughly $10 Trillion

Washington Post recently cited data which shows that the U.S. corporate debt is nearing $10 trillion. WaPo found that it…

The Global Debt: The World Economy is Hooked on itEconomy

The Global Debt: The World Economy is Hooked on it

The global debt is to another record, thanks to cheap borrowing costs.   The way to enhance economic growth is…

Trump is Harming the U.S. Economy; Recession Risk is HighEconomy

Trump is Harming the U.S. Economy; Recession Risk is High

Trump noted that whoever says, “It’s Trump’s trade war,” is hardly mistaken. It is a trade war that should have…

Fear about the Second Coming of the ‘Long Depression’Economy

Fear about the Second Coming of the ‘Long Depression’

The low productivity, backlash against globalization, a spike in populism, deflationary price pressures, and stagnant incomes are what we see…

Similar Economic Recession as “Tequila Crisis” in MexicoEconomy

Similar Economic Recession as “Tequila Crisis” in Mexico

Mexico’s economy reduced by around 0.1% for three straight quarters. Now its static in the third trimester shows the revised…

Mnuchin On Resolving Core Issues, Top Mediator Liu He TalksEconomy

Mnuchin On Resolving Core Issues, Top Mediator Liu He Talks

U.S Trade Representative Robert Lightizer and Steven Mnuchin, Treasury Secretary, spoke with China’s top negotiator Liu He. It happened on…

Small Probability of “Phase Two” for the U.S. and ChinaEconomy

Small Probability of “Phase Two” for the U.S. and China

According to U.S. and Beijing lawmakers, trade experts, and officials, there is a very tiny chance of “phase two.” The…

The US economy is Near to the Financial RecessionEconomy

The US economy is Near to the Financial Recession

Former Fed chair Janet Yellen said the economy of the United States is in excellent shape. However, it is facing…