Category Archives: Economics

Is this how this trickle down economics works? Or is it really flood up?

vanman8u asked: Millionaires are so last millennium. The new Forbes 400 list of richest Americans is billionaires only. If you’re net worth is a mere $999 million, forget it. A billion means a thousand million, and that’s the Forbes 400 … Continue reading

Posted in Economics | Tagged , , , , , , , , , , , , , , | 2 Comments

Economists, do you think this is an accurate view of the crisis?

James W asked: Contrary to popular sentiment, we have not been in a recession until now. Since 2007, what people thought was a recession, has actually been a long, slow, government subsidized protracted crash. Instead of letting the markets crash … Continue reading

Posted in Economics | Tagged , , , , , , , , , , , , , , | 2 Comments