By George Friedman The current economic crisis is best understood as a crisis of political economy. Moreover, it has to be understood as a global crisis enveloping the United States, Europe and China that has different details but one overriding theme: the relationship between the political order and economic life. On a global scale, or …
Continue reading The Global Economic Downturn: A Crisis of Political Economy
Is the sky falling? Again? Not necessarily. Are we in a mess? Yes. Did we get here over the weekend? No. Is it going to be a long road hard road to fiscal responsibility? Absolutely. But don't head for the highest bridge just yet! Here's some of the reasons why. Facts we knew: Debt Ceiling …
They are not helping, that's for sure. This is a lengthy discourse that helps understand why the market crashed last week and why you can't expect any quick solutions. But knowing there aren't any isn't as helpful as understanding why there aren't any. This will help you get there. The headline drama masks the damage …
Continue reading Are Politicians Wrecking the World Economy?
Yes, this is stating the obvious, given the hysteria last week. But with that in mind, here’s your Weekly Insights update from Curian’s Asset Management Group. This informative capital market update is designed to help you stay informed about important developments from the past week, as well as provide thoughtful commentary on how these events …
Will it work? That's the first question surrounding the recent debt deal hammered out at the last second between Democrats and Republicans, which is supposed to close the huge gap between government spending and revenue by up to $2.4 trillion over the next decade. But there's another question that's just as important: Will the deal …
Here’s your Weekly Insights update from Curian’s Asset Management Group. This informative capital market update is designed to help you stay informed about important developments from the past week, as well as provide thoughtful commentary on how these events might… CONTINUE…
Maybe I'm naive, but this article by Bruce Ackerman makes a lot of sense to me: Dire warnings of a crisis serve the interests of both Democrats and Republicans as they try to bludgeon one another into a last-minute deal on the debt ceiling. But that doesn't mean the warnings are valid. There is zero—chance …
It's based on data from the Congressional Budget Office and the Center on Budget and Policy Priorities. Its significance is not partisan (who's "to blame" for the deficit) but intellectual. It demonstrates the utter incoherence of being very concerned about a structural federal deficit, but ruling out of consideration the policy that was the largest …
This article comes from the Forbes magazine website and was posted by Howard Gleckman. I copy it in its entirety. Would you rather get a tax cut of $1,000 or $1.4 million? I thought so. Would you change your answer if taking the smaller tax cut allowed you to avoid paying income tax entirely? That …
Continue reading Who Pays No Income Tax? That’s The Wrong Question
Here’s your Weekly Insights update from Curian’s Asset Management Group. This informative capital market update is designed to help you stay informed about important developments from the past week, as well as provide thoughtful commentary on how these events might… CONTINUE…
Helping Define Your Financial Future 