Tag Archive: Economy

China is now the Third World’s largest economy

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This mornig I saw on CNN Money, that China has surpassed Germany as the third largest economy in the world, just behind Japan and the United States. The ranking came up yesterday, after China’s National Bureau of Statistics, revised its 2007 growth number from 11.4%, to 13.5%, according to the article from CNN Money, China had already…

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The size of American Consumption – What keeps economy running

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Via a Twitter post by “2healthguru“, I came across a very impressive post that gives an idea of the size of what Americans consume every day on just a few products. We always focus on producing more and more, in order to keep the economy going but we almost never think about what happens to…

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U.S. Elections 2008: Maybe the most important election of all times

Being 4 days away from the 2008 U.S. Elections, I thought it would be good to share with you my thoughts about it. I’ve been following very closely the news, polls and some of the speeches of Barak Obama and John McCain. From my perspective, I think that there is no doubt that Senator McCain…

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How to Beat the Financial Crisis

Such an economic crisis as the world saw in October 2008, inevitably brings financial crises to every walk of life. Not only is it a financial crisis, but it is also a currency crisis, (exchange rate crisis) a business crisis and, potentially, a family crisis. The Asian crisis being more painful than expected, has brought…

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Investment’s Basic Rules from Warren Buffett

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“A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful,” said Buffett. “And most certainly, fear is now widespread, gripping even seasoned investors.” This is the basic rule that Warrent Buffett explained on a video interview and that an article from CNN explains a little bit…

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Warrent Buffett’s interview on the Global Financial Crisis

Thanks to Ed Dale’s blog, I saw this very interesting video interview to Warrent Buffet by Charlie Rose. The interview was held last week before US Congress voted on the $700 Billion dollars bailout plan. If there is a guy that knows about money that’s him, so we should listen carefully and pay attention when…

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