In my opinion, the United States and many Western nations have a financial disaster coming, caused by our educational system’s failure to adequately provide a realistic financial education program for students.
The memory of the financial community is proverbially and distressingly short.
Our experience tends to confirm a long-held notion that being prepared, on a few occasions in a lifetime, to act promptly in scale, in doing some simple and logical thing, will often dramatically improve the financial results of that lifetime.
The U.S. will lose its status as the superpower of the world financial system. The world will become multi-polar.
Greece will not manage to get back on its feet without restructuring its debt. There is no way around it. The country's creditors will have to reduce a portion of its debts by extending maturity dates, lowering interest rates or giving them what's called a 'haircut' in financial jargon.
There are still deep-seated structural problems that threaten the economic balance in the world: Between the United States and China, for example, but also within Europe. We have taken a few steps toward taming the financial markets, but we haven't come nearly far enough to rule out a repetition of the crisis.
Residual income is passive income that comes in every month whether you show up or not. It’s when you no longer get paid on your personal efforts alone, but you get paid on the efforts of hundreds or even thousands of others and on the efforts of your money! It’s one of the keys to financial freedom and time freedom.
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A lot of our respected financial institutions are just casinos in drag.
I've stopped apologizing to myself for having this great period of success and financial acceptance.
The strategic stimulus to economic development in Schumpeter's analysis is innovation, defined as the commercial or industrial application of something new---a new product, process or method of production, a new market or source of supply, a new form of commercial, business or financial organization.
I would say that financial markets are very inefficient, and capable of extremes of being completely dysfunctional.
Every financial worry you want to banish and financial dream you want to achieve comes from taking tiny steps today that put you on a path toward your goals.
Altermodern is an in-progress redefinition of modernity in the era of globalisation, stressing the experience of wandering in time, space and mediums. The term 'altermodern has its roots in the idea of 'other-ness (Latin alter = 'other, with English connotation of 'different) and suggests a multitude of possibilities, of alternatives to a single route. It suggests that the historical period defined by postmodernism is coming to an end, symbolised by global financial crises.
If you worry about financial Armageddon, it is indeed metaphorically the time to stock your bunker with guns, ammunition, canned food and gold bars.
There has been a banking crisis, a financial crisis, an economic crisis, a social crisis, a geostrategic crisis and an environmental crisis. That's considerable in a country that's used to being protected.
Every one says: 'Listen, I'd love to reinvest. I'd love to hire people. But I have no idea what this healthcare bill is going to do to my bottom line. I have no idea what this financial reform bill is going to do... I'm not going to step out a limb and do any of those until I know what this government is going to do to me.
At LearnVest, we're working to make financial planning both accessible and affordable so that everyone has the opportunity to get on track financially.
The worst financial transaction you will ever make is selling yourself short.
I got plenty of guesses wrong on things in the past as well. I don't want to pretend I have some great insight... But when the global financial crisis came along in 2008 it was scary times if you were in the middle of building $5 billion buildings. It wasn't perfect... I think that I am the luckiest person in Australia.
Obviously, Jews gain certain advantages by promoting the Holocaust idea. It inspires tremendous financial aid for Israel. It makes organized Jewry almost immune from criticism. Whether the Holocaust is real or not, the Jews clearly have a motive for fostering the idea that it occurred. Not only do they have a motive, but they have the means with the media domination they now hold.
My view on global warming is that it's a gigantic financial scam to funnel money to these countries that think they ostensibly are going to use to improve conditions in their country, environmentally and so on, but officials use - I guess apparently Tiger Woods did - to hire hookers, ride around in limos and in cases of some of these diplomats and some of these countries buy cocaine.
...it happens that society is saved as often as the circle of its ruling class is narrowed, as often as a more exclusive interest asserts itself over the general. Every demand for the most simple bourgeois financial reform, for the most ordinary liberalism, for the most commonplace republicanism, for the flattest democracy is forthwith punished as an assault upon society and is branded as Socialism.
The parable of the talents is a good analogy of what happens when we give. When we merely try to hold on to what is given or entrusted to us, life may seem to take away even that. But when we choose to use what life has given us, the return of abundance can include friendship, companionship, financial blessings, homes, transportation, and security in wonderful ways. The universe holds nothing back from the one who lovingly and sincerely gives.
Taming the financial markets and winning back democratic control over them is the central condition for creating a new social balance in Germany and Europe.
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