(4 comments) Wednesday, February 25, 2009 The Economic Outlook: 2012 and beyond
This article deals with the current economic crisis and argues that this is the end of the beginning of a long and protracted economic problem that is facing the world. It also argues that US can no longer be the engine of growth, pulling the rest of the world out its current depression.
(1 comments) Sunday, March 23, 2008 How to Survive the Recession
By now it should be clear to all but the craziest of optimists that we are in a recession, at least in US. What is not clear, however, is the severity of this recession and if this will turn into a depression. A technical recession is defined as the economic decline in two or more consecutive quarters. This means that the real economy instead of growing, contracts.
(13 comments) Monday, March 17, 2008 What is happening with the economy?
And no madness is worst than greed. Every so often people assume that somehow they can make money out of the thin air. The most famous one was the Tulip mania of 1636-1637 in Netherland and the most recent one was the "dotcom" bubble of 1995-2001 (on March 10th, 2000 the NASDAQ peaked at 5132.52). Today we are witnessing the beginning of the end of the real estate bubble.
(1 comments) Friday, September 28, 2007 Attack on Iran: Morality Lost in the Garden of Deceits
Those who can rape will do so with impunity. There is no punishment for the strong; it is the weak that has to pay. Meanwhile we pretend to believe all their lies and keep hoping for cheaper oil and higher share prices; otherwise we have to face our own complicity in their crimes.
(1 comments) Monday, May 7, 2007 Iran & Afghan immigrants: My brother's keeper
Now my friends, I am opposed to the system of society in which we live today, not because I lack the natural equipment to do for myself but because I am not satisfied to make myself comfortable knowing that there are thousands of my fellow men who suffer for the barest necessities of life. We were taught under the old ethic that man's business on this earth was to look out for himself. That was the ethic of the jungle;...
(3 comments) Tuesday, February 6, 2007 Iran vs. Saudi Arabia
To understand reality is not the same as to know about outward events. It is to perceive the essential nature of things. The best-informed man is not necessarily the wisest. Indeed there is a danger that precisely in the multiplicity of his knowledge he will lose sight of what is essential.
Thursday, January 25, 2007 Ahmadinejad's Achilles Heel: The Iranian Economy
Titus Livius (59 B.C.A.D. 17) the Roman historian once said that men are only too clever at shifting blame from their own shoulders to those of others. These days Mr. Ahmadinejad, the man the West loves to hate, is in hot waters in Iran. He is blamed for almost everything that has gone wrong with Iran.
Wednesday, January 10, 2007 The Plan for Economic Strangulation of Iran
It is said that there is more than one way to skin a cat. It seems that United States is trying to skin this cat Iran- in anyway that it can, including economic strangulation. While people are concerned with Iraq and the gathering armada in the Persian Gulf, United States has been quietly carrying out a not so covert economic war against Iran.
Thursday, January 4, 2007 Saddam's Execution and the coming Campaign in Baghdad
On Saturday 30th Dec 2006 at approximately 5:45 AM, former dictator of Iraq, Saddam Hussein was executed by hanging at the former headquarters of Saddam's military intelligence where many of his victims were executed in the same gallows.