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Six Probable Economic Effects of the 2011 Middle Eastern Revolts
The spreading revolts we see everyday on our television screens, also have an impact on our economies. Change often creates opportunities, but violent change destabilizes a brittle resource dependent global economy. What are the six probable economic effects of the 2011 Middle Eastern Revolts?
Libya and the Jasmine Revolution: Crisis for the World EconomyThough the world might not have watched the events in Tunisia or Egypt with much interest, Libya is certainly an eye-opener. The political situation in Libya is one of the first signs of an impending economic crisis of global proportions.
Increased Oil Prices Will Hamper Economy, Job Growth, and Corporate Profits, Stock Market TooThe flow of fuel is one of the most important things in our society and civilization here the United States. Everyone knows that the cost of fuel affects everyone and everything. When oil prices increase it hurts the economy, and it hurts our pocketbook, as it adds costs to our groceries, and it affects our budgets.
In An Economic Crisis – No Room For FearAmerica rose to prominence, to preeminence, not by the might of her military, but rather on the inspiration of an idea – the promise of freedom to innovate, to create, to aspire. We turned from that path however. Instead of innovating and advancing, we clung to oil and wagered our futures on finance as the means to sustain prosperity. We set about policing the world. We chose poorly. It is time to choose again.
Let’s Talk About the Causes of InflationWhat are some of the causes of inflation? That depends on who you ask and what day it is. Everyone has an answer to the question and no two answers are alike.