taxation
taxation
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11.
by Sam Vaknin - 2008-12-09
In the wake of the global credit crunch, stock exchanges throughout the world collapsed in tandem. Why? 1. All of them - from the mighty Wall Street to the puny Macedonian Stock Exchange - have come t...
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12.
by Sam Vaknin - 2008-12-09
In 1976, the word "subprime" used to mean: a loan offered to desirable, creditworthy clients with its interest rate set below the prime rate. Within less than 15 years it came to be defined by this ar...
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13.
by Sam Vaknin - 2008-12-09
The global crisis of 2007-9 was, actually, a confluence of unrelated problems on three continents. In the United States, investment banks were brought down by hyper-leveraged investments in ill-unders...
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14.
by Sam Vaknin - 2008-12-09
Car repossessions are up 25% in Romania, as the members of a newly-minted class of consumers are unable to meet their obligations. Austrian, Greek, Swedish, and German banks are exposed to default ris...
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15.
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...
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16.
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...
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17.
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...
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18.
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...
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19.
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...
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20.
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...
