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Then you need to retake eco 101. Your analysis is wrong.

I am happy you are aware of this. I have a hard time teaching people what economics is all about. Thanks for your response.

In case you haven't realized this, allow me to convince you there is no such thing as international economics.

I know of no one who doesn't have a problem with credit cards. Complete default or partial is the norm. How is it in your town??

TGTBT

I am sick of hearing both positive and negative things about this company. My overall personal view is very negative. I wonder if some of you know better than me and would like to share opinions or things you personally know about Monsanto.

Regulation is not a bad word. In everyday life we live by rules whether written or not. I think many other capitalist oriented countries have been succesful with their regulations much more than the US. To corporate socialist america, regulation is just a word, not a rule they must obey...

I am sorry but that does not make sense.

You are absolutely right. I believe Capitalism is not equal to absent of government as much as possible. I believe Capitalism means just free enterprise regulated more or less depending on circumstances, cultures, religions and many other factors. What I am really pissed is that we call...

Unfortunately for most of you Ron Paul is right. He is among a few congressmen not to be in wall street's pocket. His knowledge of economics are awesome (Austrian Economics) but the only bad thing is his love for a gold base economy. America's economy, politics and media have grown...

I dare not to make any comments. This is the kind of stuff we can not talk about. :eek:

Commentary by Amity Shlaes Nov. 10 (Bloomberg) -- Every economist has his day. World War II was the era of John Maynard Keynes, who taught that a few great minds can improve an economy. The 1990s were the era of Milton Friedman, when markets proved they had the capacity to slip past...

Credit card debt over America. You will like it.

Have you seen the movie maxed out???

Not all jobs are productive. Some jobs have actually been created trough politics as government intervenes in the economy. you can pay 5 guys to dig a hole and 5 other to cover the hole back up. Where is the productivity???

You are an old folk with an outdated view of things.....war

For the moment being no. I know people that have stopped paying more than 15k 20k and even 30k for over 2 years and so far nothing has happened. I know they are cooking something dark about this credit card issue. Most probably I will have to continue paying anytime in the future, but for the...

I will give you a good answer. Too big to fail is the same thing as a monopoly. These firms got so much market share trough mergers and acquisitions. (Some very anti competitive. ) that if they fail they threaten the whole industry. Systemic risk is the risk of failure of an entire...

I maxed out and stopped paying when they charged me 29.99%. I feel so FREE

He did a good job with his Nash equilibrium. However, I can't think why that would be related in anyway to economics.