16 July, 2015 by The TZ Newswire Staff Comments Off on Targeting inflation and offsetting fiscal austerity are the exact same thing
Targeting inflation and offsetting fiscal austerity are the exact same thing
Stephen Williamson has a very good post on the Canadian austerity of the 1990s. But in the comment section I think he misunderstands the concept of “fiscal offset.” First an anonymous commenter says:
Canada has offset the contractionary effects of austerity via monetary policy…
16 July, 2015 by The TZ Newswire Staff Comments Off on Balance Of Superpowers: Comparing The US And Chinese Armed Forces
Balance Of Superpowers: Comparing The US And Chinese Armed Forces
Whether China is busy championing trade deals outside of the US dollar, buying up some of the world’s biggest companies, taking over foreign housing markets, or building massive networks of nuclear or wind power grids, it is clear that the country is a world power to be reckoned with. To be considered a true force, China also needs to be able to back up its economic and political might with a top notch military. Today’s infographic compares the armed forces of China with the United States.
click image fir massive legible version
16 July, 2015 by The TZ Newswire Staff Comments Off on Dollar gains traction with Fed hike back in focus
Dollar gains traction with Fed hike back in focus
The dollar held at two-month highs against a basket of major currencies having extended gains as the market shifted its focus to an eventual Fed hike.
16 July, 2015 by The TZ Newswire Staff Comments Off on Tennessee Mass Killer Linked To Islamic Terrorism
Tennessee Mass Killer Linked To Islamic Terrorism
While the rest of the world was paying attention to the sad conclusion of the Greek tragedy now in its third bailout season, the US was focused on a another tragedy playing out in the nation’s heartland when in the latest mass shooting on US soil, 4 marines were killed when a gunman, since identified at Mohammod Youssuf Abdulazeez, 24, a naturalized citizen born in Kuwait, opened fire first at a military recruiting center and then at a Naval Reserve Center in Chattanooga, Tennessee in what officials have called a “brazen, brutal act of domestic terrorism.”
16 July, 2015 by The TZ Newswire Staff Comments Off on Asia up on Wall Street rise, Greece relief
Asia up on Wall Street rise, Greece relief
Markets in Asia rose on Friday, echoing Wall Street’s advance, on the back of strong earnings and easing Greece tensions.
16 July, 2015 by The TZ Newswire Staff Comments Off on Cramer: Don’t give up on these stocks
Cramer: Don’t give up on these stocks
Mad Money host Jim Cramer says the market laggards – techs and the financials – have turned into market leaders.
16 July, 2015 by The TZ Newswire Staff Comments Off on How Socialism Destroyed Puerto Rico, And Why More Defaults Are Looming
How Socialism Destroyed Puerto Rico, And Why More Defaults Are Looming
With Puerto Rico missing a payment on a bond overnight “due to non-appropriation of funds” but denying that this constitutes anything close to a default, the territory may be about to retake the limelight as Greece is now “fixed.” As MarketWatch reports,