Photography are probably one of the best things to happen in the world of art. A single photograph can speak a thousand words, have a thousand painting hidden within it, a thousand pieces of music captured in a single slice of frame. Polaroid made it really easy for artists of every kind to capture the beauty of everyday life, and this article talks about their course over the past decades, from its rise in the 70s to its fall in 2001; and it concludes by talking about the future for this company and the photography industry in general. An interesting read.
ANALYSIS, COMMENTS, THOUGHTS, AND OTHER OBSERVATIONS IN DR. SKOSPLES' NATIONAL INCOME AND BUSINESS CYCLES COURSE AT OHIO WESLEYAN UNIVERSITY
Saturday, April 20, 2013
Real Madrid overtakes Man Utd in Forbes rich list
This article talks about Spanish football giants Real Madrid who have overtaken Manchester United as the worlds most valuable football club. This the first time since 2004 that the English giants have lost top spot.
Real Madrid FC have constantly been generating the highest revenues in the world of soccer . Even though one might think that the European crisis might have had affect on sales of football matches. According to Forbes , Real Madrid FC currently is valued at $3.3bn , Manchester united now at $3.17bn and Barcelona FC at third with $2.6 billion. This success could be linked with having a star studded team like Cristiano Ronaldo , Kareem Benzema and Kaka on the pitch and Jose Mourinho on the bench.
http://www.bbc.co.uk/news/business-22193398
Real Madrid FC have constantly been generating the highest revenues in the world of soccer . Even though one might think that the European crisis might have had affect on sales of football matches. According to Forbes , Real Madrid FC currently is valued at $3.3bn , Manchester united now at $3.17bn and Barcelona FC at third with $2.6 billion. This success could be linked with having a star studded team like Cristiano Ronaldo , Kareem Benzema and Kaka on the pitch and Jose Mourinho on the bench.
http://www.bbc.co.uk/news/business-22193398
Low-interest-rate environment exposes seniors to fraudsters
http://www.washingtonpost.com/business/economy/low-interest-rate-environment-expose-seniors-to-fraudsters/2013/04/18/63d065dc-9c77-11e2-a941-a19bce7af755_story.html
There are always people in the world that will scam you into taking your
money. There are more privacy and protection methods to protect your money and
investments nowadays but there is an upward rise in scams on senior
citizens. Government regulators and advocacy groups say unscrupulous
dealers are taking advantage of a growing fear among seniors that they will run
out of money in their final years of life. The FED dropped interest rates in
2008 in efforts to stimulate the economy however this meant a sharp drop in
income for seniors. Because of many scams seniors have become more reluctant to
hold onto their money instead of investing it. But monetary policy is all about
the trade-offs.
Friday, April 19, 2013
Gold no-longer shining
http://www.businessweek.com/articles/2013-04-15/the-price-of-gold-is-crashing-dot-heres-why#r=read
This article discusses the crumbling price of gold. It says that the most important factor for this plunge is the falling global inflation rate, which is a problem because many investors hedge the value of gold against rising inflation. JPMorgan has backed the forecast that inflation will continue to fall.
The investors who hedged gold are scrambling to get a decent return on their investment.
This article discusses the crumbling price of gold. It says that the most important factor for this plunge is the falling global inflation rate, which is a problem because many investors hedge the value of gold against rising inflation. JPMorgan has backed the forecast that inflation will continue to fall.
The investors who hedged gold are scrambling to get a decent return on their investment.
Naked ambition
http://www.economist.com/news/international/21576366-iceland-determined-outlaw-worlds-oldest-business-can-it-succeed-naked-ambition
This article talks about how Iceland is trying to ban pornography and the steps it has already taken, like banning strip-clubs and prostitution.There are certain benefits to this like the police claims that law would be easier to enforce if such activities are totally banned. I think its a controversial issue but it will probably lead to expansion of black market operations in Iceland.
This article talks about how Iceland is trying to ban pornography and the steps it has already taken, like banning strip-clubs and prostitution.There are certain benefits to this like the police claims that law would be easier to enforce if such activities are totally banned. I think its a controversial issue but it will probably lead to expansion of black market operations in Iceland.
McDonald's sees fall in global sales
This article talks about a global fall in Mc Donalds sales in the first quarter. The fall in sales was directed towards a harsh winter in the states and the UK. Increasing competition from Taco Bell, Kentucky Fried Chicken and Pizza Hut was also seen as a major factor for these fall in sales. The worlds largest restaurant chain also expect sales to drop in April. The company blamed the ongoing economic uncertainty for the fall of sales in Europe.
http://www.bbc.co.uk/news/business-22212564
http://www.bbc.co.uk/news/business-22212564
MIT shooting triggers massive police operation in Boston
At the moment, Boston police are on a manhunt for one of the suspects in connection with the marathon bombing. The other suspect was killed late Thursday evening after robbing a 7-11 and fleeing from the police. The neighborhood is on lockdown with an 18 block perimeter set. Police officials have been going door to door searching through homes for the remaining suspect. Boston police commissioner issued this statement: "We believe this to be a terrorist. We believe this is a man who came here to kill people. We need to get him in custody."
Thursday, April 18, 2013
Mother Russia Feeling the Heat
Russia has not been in the news too recently with regards to the economic crisis in Europe, but might now be facing their own problem. According to this article, they could be dipping into a possible recession if growth does not pick up in the remainder of 2013.
Putin's economic aide is '"opposed to heating up the economic growth by acceleration of inflation."' She feels the central bank, Bank Rossii, should focus more on economic growth trends. As well, she would like to implement monetary and credit policy to stimulate the economy.
In my own personal opinion, I feel some of the Cypriot crisis held a factor in contributing to this mess. This could be fixed by using reserves to buy other currency and start remaking profits. As well, taking money out of small islands, like Cyprus, could help their cause in the future.
What is your take on the matter and what could be a possible solution?
Putin's economic aide is '"opposed to heating up the economic growth by acceleration of inflation."' She feels the central bank, Bank Rossii, should focus more on economic growth trends. As well, she would like to implement monetary and credit policy to stimulate the economy.
In my own personal opinion, I feel some of the Cypriot crisis held a factor in contributing to this mess. This could be fixed by using reserves to buy other currency and start remaking profits. As well, taking money out of small islands, like Cyprus, could help their cause in the future.
What is your take on the matter and what could be a possible solution?
Risk and Return
So, we have heard all of these reports in the news of North Korea showing off their missiles and making threats. However, as bad as this sounds, there has been some good. Due to this new "security breech," defense stocks have hit a high point during this time.
Now would not be the time to buy and take the one or two week gain since they have devalued and are at a true weight now. But, the real question is could now be a good time to buy and hold over the next few months to a year.
There seem to be more and more threats hitting our country which is speculated to then increase the need for weapons technology. Firms like Lockheed Martin (LMT) specialize in the creation and manufacturing high-tech weapons. Their factories and innovation labs could be swamped for the next few months.
What are your thoughts on the defense stock market?
Now would not be the time to buy and take the one or two week gain since they have devalued and are at a true weight now. But, the real question is could now be a good time to buy and hold over the next few months to a year.
There seem to be more and more threats hitting our country which is speculated to then increase the need for weapons technology. Firms like Lockheed Martin (LMT) specialize in the creation and manufacturing high-tech weapons. Their factories and innovation labs could be swamped for the next few months.
What are your thoughts on the defense stock market?
South African Stagflation
http://www.bbc.co.uk/news/business-22180851
South African has started a period of stagflation in which the economic growth is slower than the rate of inflation. These exact numbers being economic growth expected to be at 2.8% and the inflation rate at 5.9%. This period of stagflation is due mostly to the Eurozone's slow down in importing the goods and South Africa being one of their main exports has felt this slow down. This stagflation can be dangerous if it continues to long hopefully South Africa's central bank can figure out how to fix this problem for the continent's biggest and fastest growing economy. The future is bright for South Africa and sub-Saharan Africa as a whole which is purposed to outpace the gobal average of growth for the next three years, hopefully this period of stagflation doesn't taint South Africa's bright future.
South African has started a period of stagflation in which the economic growth is slower than the rate of inflation. These exact numbers being economic growth expected to be at 2.8% and the inflation rate at 5.9%. This period of stagflation is due mostly to the Eurozone's slow down in importing the goods and South Africa being one of their main exports has felt this slow down. This stagflation can be dangerous if it continues to long hopefully South Africa's central bank can figure out how to fix this problem for the continent's biggest and fastest growing economy. The future is bright for South Africa and sub-Saharan Africa as a whole which is purposed to outpace the gobal average of growth for the next three years, hopefully this period of stagflation doesn't taint South Africa's bright future.
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