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    • 251.

      Libya's Cash Is King


      by Sam Vaknin - 2008-12-09
      Libya has recently emerged as the second-biggest shareholder in Unicredit, Italy's number one bank and Europe's sixth largest banking institution, with a massive presence in Central and Eastern Europe...
    • 252.

      Why Some Governments Like Inflation


      by Sam Vaknin - 2008-12-09
      Some governments like and encourage inflation because inflation masks the true situation and makes them look good. Inflation helps to deceive the public and even experienced observers. How?1. As the g...
    • 253.

      Why Apartment Rental Prices In Developing Countries Are So High?


      by Sam Vaknin - 2008-12-09
      In most developed countries, the renting of residential property (apartments) provides the owner with an annual income equal to 2-3% of the value of his or her real estate. In developing countries, ow...
    • 254.

      Who Needs The European Dis-union?


      by Sam Vaknin - 2008-12-09
      The current global financial crisis should have been the European Union's finest hour. The countries comprising this much coveted club could have joined to battle the waves of bank failures, industria...
    • 255.

      There Is No Free Lunch


      by Sam Vaknin - 2008-12-09
      During the months of September-October 2008, governments throughout the world took a series of unprecedented steps to buttress tottering banks. In the USA, the Federal Reserve and the Treasury Departm...
    • 256.

      The Pricing Of Oil


      by Sam Vaknin - 2008-12-09
      The price of oil is no longer an important determinant of the economic health of the West. To create the same amount of economic output, manufacturers use much less oil than they used to.Moreover, tod...
    • 257.

      Paul Krugman: The Nobelist Blogger


      by Sam Vaknin - 2008-12-09
      The Royal Swedish Academy of Sciences has decided to award the 2008 Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel to Professor Paul Robin Krugman (born 1953). Krugman belongs to ...
    • 258.

      No Foreign Banks - A Curse Or A Blessing?


      by Sam Vaknin - 2008-12-09
      The Austrian Erste Bank has just published a report about the state of the banking system in Central and Eastern Europe. Macedonia is not even mentioned. The banking sectors of Bulgaria, Romania, Russ...
    • 259.

      How to Open a Savings Account


      by MELANIE C - 2008-12-22
      Most people need a bank account of some kind when they start work, or to put their pocket money into. A savings account is usually the first type of account we open. It is quite a simple process. ...
    • 260.

      How to Save Money at the Supermarket


      by MELANIE C - 2008-12-22
      Supermarket shopping is a fact of life - if we want to eat, then we have to shop at the supermarket, regardless of the soaring prices. But there are a few tried and tested tips and tricks to savin...