Search found 165 matches

by Eowiel
Thu Aug 12, 2010 1:53 pm UTC
Forum: News & Articles
Topic: Chinese General pushes for democracy.
Replies: 83
Views: 9008

Re: Chinese General pushes for democracy.

And you know.. The hundreds of millions of people those cheap bucks are bringing out of poverty? China has done more to reduce the number of humans living in poverty than any other nation on Earth. As they get more wealthy, and as that wealth is expected and not to be aspired to, I fully expect the...
by Eowiel
Thu Aug 12, 2010 1:45 pm UTC
Forum: News & Articles
Topic: Federal Reserve Begins Buying US Debt
Replies: 21
Views: 3519

Re: Federal Reserve Begins Buying US Debt

Is it not normal for the Fed to invest in Treasury bonds? Most government and quasi-governmental agencies do when they need to invest money safely. Central banks do not really have any money. Whenever they buy something, they create money to pay for it, whenever they receive money, the money is des...
by Eowiel
Sat Aug 07, 2010 9:16 pm UTC
Forum: Serious Business
Topic: Why does unemployment exist now?
Replies: 40
Views: 7043

Re: Why does unemployment exist now?

The recession has led to a lot of unemployment. At the same time, productivity and industrial output has not fallen. The same buildings and infrastructure present in the boom times are still here; there are no shortages of resources; the reason for the recession is mostly psychological (perceived r...
by Eowiel
Wed Aug 04, 2010 6:37 am UTC
Forum: Serious Business
Topic: Stimulus vs National Debt
Replies: 104
Views: 16226

Re: Stimulus vs National Debt

My understanding is that the effective limit of national debt as a proportion of GDP is about 600%, hit by Greece recently and Ireland several years ago. We're currently at about 100%. So I'm thinking we ought to be more concerned about unemployment and low growth than about public debt. Greece has...
by Eowiel
Sun Jul 25, 2010 9:54 am UTC
Forum: News & Articles
Topic: Man Lies About Ethnicity - Convicted of Rape in Israel
Replies: 144
Views: 18225

Re: Man Lies About Ethnicity - Convicted of Rape in Israel

I haven't read the thread but I did read the OP and there's one key point the article seems to miss - the man agreed to a plea bargain to admit to a guilty charge. The court didn't rule him guilty and once the man agreed to the deal, the court could only give the sentence. I'm not saying the senten...

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