Treasury Outlook

Predictions Of Financial Giants Earlier This Year

By: mpalevsky

NEW YORK -- "As you might have realized by now, we're in a difficult situation," said billionaire investor and philanthropist George Soros to a sold-out crowd at the Metropolitan Museum of Art on April 30, 2009. Though Soros earned over $1 billion last year, eighteen months into a housing crisis and after over a year of decreasing GDP it's ...

26 days ago

Economic Crisis Roundup: Recovery Emerging, But Not Yet for All

By: chnarendra

Has the global economy bounced back from the sudden and very deep recession that began last fall? World Bank economists say such economic vital signs as industrial production, trade, and foreign direct investment are picking up, though they’re at considerably lower levels than before the financial crisis. “Right now, we see this ...

about 1 month ago

No one is denied care in Fantasyland

By: CaliforniaMike

So no one is denied medical care in this country, and most people who don't have care can qualify for one program or another. Gee, I never knew. Maybe our health care system is fine the way it is. I feel a little like Rodney Dangerfield's character in the movie "Back to School," where the professor in his economics class asked him where he was ...

about 1 month ago

REFLECTIONS ON BENEVOLENT CAPITALISM

By: krsurendran

About three-four years back Bill Gates, the Microsoft legend paid a visit to India, apparently to interact with the cream of our society. In the course of his visit, he along with the then head, now the Chief Mentor of Infosys, N.R.Narayana Murthy and the media baron, Dr.Prannoy Roy had an interaction with a few invitees- media men, science and IT ...

14 days ago