7 February, 2015 by The TZ Newswire Staff Comments Off on The Death Of The Petrodollar Was Finally Noticed
The Death Of The Petrodollar Was Finally Noticed
Three months ago, we wrote “How The Petrodollar Quietly Died, And Nobody Noticed“, in which we explained in painful detail why far from the simple macroeconomic dogma which immediately prompted the macro tourists to scream that “oil prices dropping are good for US consumers“, the collapse in the price of crude is not only a disaster for oil exporting nations – one which will lead to a series of violent “Arab Springs” across the oil-producing developed world – but far more importan
7 February, 2015 by The TZ Newswire Staff Comments Off on The IRS Could Audit You for Doing This
The IRS Could Audit You for Doing This
7 February, 2015 by The TZ Newswire Staff Comments Off on Why Your Kid Needs a Checking Account
Why Your Kid Needs a Checking Account
A lot of kids think money grows on trees. Help them learn good money habits early in life.
7 February, 2015 by The TZ Newswire Staff Comments Off on Global Economy Will Shrink By $2.3 Trillion In 2015
Global Economy Will Shrink By $2.3 Trillion In 2015
Via BofAML,
The $2.3tn global GDP write-off
- Global nominal GDP is likely to contract by about $2.3tn in 2015, a consequence of the USD strengthening.
- It will be the sixth time since 1980 that global nominal GDP contracts in dollar terms and the second biggest contraction since 2009.
- This change will have far reaching implications across markets, principally for commodity prices.
Honey, I shrunk the GDP
7 February, 2015 by The TZ Newswire Staff Comments Off on Noah Smith gets market monetarism wrong
Noah Smith gets market monetarism wrong
Noah Smith is generally an excellent blogger, but when he switches over to Bloomberg.com, he . . . well let’s be charitable and assume the editors forced him to dumb things down. Waaaaay down:
7 February, 2015 by The TZ Newswire Staff Comments Off on 3 Great Education Tax Breaks: Which Will Save You Money in 2015?
3 Great Education Tax Breaks: Which Will Save You Money in 2015?
If you paid any higher education expenses in 2014, chances are that you qualify for one of these excellent tax breaks.