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  • 50 years of 'Euro-pia' socialism  By :
    When your economy fails, so does everything else. Prosperity, wealth, trade, technology and profit accumulation dictates a lot in the structure of the political-economy. Likewise institutions, culture, and various freedoms impact the health, scope and depth of economic progress [or regression]. Without a strong economy you have no military, stunted private capital formation and a declining culture. Welcome to Europia – 50 years of collective socialism that apparently is the greatest thing since hot water or Jesus Christ. But of course the Euros disavow spirituality and technology.
  • Do You Know About Money?  By : rateempire
    In a test of basic economic principles given to 2000 Americans, both adults and teenagers, the average grade was failing. Throughout the years, it has been proven by numerous studies that when high schoolers graduate, they leave with little understanding of personal finances.
  • Europe's economy is 30 years behind the US  By :
    A just released EU Observer report states the obvious: ‘If income (GDP per capita) would grow in the US at 2 percent per year and in the EU at 3 percent per year, meaning a 1 percent higher growth of the EU, the EU would catch up with the US around 2045.’ Europe is a full generation behind and poorer than the Americans. Imagine the furor in the States if CNN reported that Americans lived in 2007 on 1977 living standards versus their European rivals. There would be a revolution.
  • Financing Rural Regeneration in Wicklow  By : Paul Leahy
    One method of rural regeneration involves the financing of businesses in rural areas with outside assistance, which would not have succeeded independently and were encouraged through various government sponsored initiatives to regenerate declining rural economies. Grant aid would be the most utilised source of funding. Many of these enterprises that would have been set up by private individual entrepreneurs would be partly financed by owner’s equity as a condition of grant aid. Within this context of outside assisted enterprises, other sources of finance, subject to the terms of grant aid such as leasing of plant or hire purchase arrangements for vehicles would also be utilised.
  • The China Syndrome - selective capitalism should not hide the obvious future conflict with Beijing  By :
    For those so inclined the big money in investing and high returns lies in the economic accession and growth of India and particularly China. Chinese index funds returned more than 40% in 2006 and expect more of the same in 2007. Chinese and Indian demand will keep oil and commodity prices high for the next 5 years. Another play on the China syndrome? – buy Exxon and hold. For the small investor the awakening of Napoleon’s sleeping giant is a boon but how about for the political-economy of East Asia and the Pacific? How should we view China beyond being a place of profits and high returns? China’s inaction on North Korea and its stalking of Russian resources should provide some clear clues.
  • The economic agenda of the Eco-cult and the EU  By : Stew Mayers
    For the EU, Kyoto and the eco-cult scam [$100 billion in public funding and counting….], is a key attempt to lessen its economic disparity with the USA. The EU is the world’s largest economic area, comprises 450 million people, and is in the process of trying to digest 10 new member states. Yet the EU is failing economically and socially – especially vis a vis its American and Asian rivals. The UNO inspired eco-cult and its associated Marxist schemes of redistribution, government management and higher energy costs are European attempts to reduce American economic superiority and ‘level the economic playing field’. It has nothing to do with saving the earth goddess.
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