World’s Largest Economies: Projected GDP in 2030 What would the projected GDP of the world’s largest economies look like in 2030? Well the US Department of Agriculture does have that figure.
UAE took an unprecedented step by removing oil subsidies for the price of gas one pays at the pump. The subsidies that UAE is removing will amount to a saving of 5.6% of GDP for UAE. Other GCC states might follow, for Saudi Arabia it is a 11.5% of GDP spend and for Qatar 5.5%, […]
Peter Schiff (Wiki) is an American economic commentator, author and licensed stock broker who currently serves as president of Euro Pacific Capital. He correctly predicted the crash / downturn in the Economy – 2 years ago and see how they mocked him. Look who’s laughing now. Peter Schiff Was Right 2006 – 2007 (2nd Edition) […]
While so much emphasis has been stressed on the bad mortgages and home-loans, another wave of bad loans is coming. Before I elaborate, let me quickly summarize. There was excess liquidity in the market, money was made available to almost anyone, people started getting 2nd and 3rd mortgages (when they really could not afford more […]