March 2006 Monthly Archive

What are trade surpluses and deficits?

Like any business, a country has to keep track of its inflow and outflow of goods, services, and payments. At the end of any given period, every country has to look at its own “bottom line” and add up all...… More…

Oil is the new black Crack

Some people call oil black gold. I call it black crack. One can live without gold, but if you're a crack addict, you can't live without yo crack yo. You wonder why oil cost so freakin' much? Thar chart from...… More…

What is Macroeconomics?

Macroeconomics provides us with a overall checkup of a country’s economic health. Instead of looking at the behavior of individual businesses and consumers, which is called microeconomics, the goal of macroeconomics is to look at overall economic trends such as...… More…

"If a man empties his purse into his head, no man can take it away from him. An investment in knowledge always pays the best interest."
Benjamin Franklin
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