Financial Outlook Finance Blog

Archives for December, 2008

WASHINGTON – I love wine. I love expensive wine and I love value-oriented wine.

Koyak asked: Economy in Iceland vs Economy in Cuba.
How many cups of coffee can you afford in Cuba with the cost of one cup of coffee in Iceland?

Predictions are a fool’s errand, an old saying goes.

After the whirlwind that was 2008, that may be truer than ever.

Kyle M asked: I’ve always heard that a certain amount of unemployment is necessary for a stable economy. Why? If everyone was employed we’d all have money to spend, social services would not be needed thus lowering our taxes, and companies would have a steady stream of business thus not laying off extra staff. Also [...]

Recession-wary Americans embraced the virtues of thrift this Christmas, with stores reporting a clear rise in the popularity of piggy banks.

Year to end on a frugal note

NEW YORK, Dec. 31 — Ringing in the new year is expected to be toned down this year, as revelers adjust to the downturn in the U.S. economy, observers said.

worried person asked: I’m finding that it’s a fascinating system, really, but I want to understand it without the fluff. I do’t want a textbook definition, and no you don’t need calculus to explain how the economy works.
I want to completely understand the economy, everything, the flaws, everything.
Could anyone give me a head start, a [...]

lazydenk asked: A 700 billion bailout to help the banks!!This is a Communist thing that has been done by all Communist countries like: Castro in Cuba.Chavez in Venezuela,Former USSR,and they are and were called Communist.Why Bush is not called as one now thta he is proposing to help the economy with Communist ideas from Marx [...]

★TouchedByAnAtheist★ asked: I’m work fulltime but want to take care of my toddlers fulltime..