Bad Economics on TV: Trump and Kiyosaki on NBC's Today

There is no doubt that Robert Kiyosaki and Donald Trump are two leaders in understanding wealth creation. However, on a recent interview on the Today Show, they failed to exploit an opportunity to correct one of the misconceptions people have about wealth. Many believe that wealth is limited and that view was conveyed to these entrepreneurs. Learn about how that issue was addressed.

The Role of Money in America's Economy

Money is but a tool that does the bidding of its master. Money has no actual value other than the value we attach to it. Money has no actual meaning other than the meaning we attach to it. Clearly, the world turns on a dollar bill. I am not judging what causes our economy to work (greed is its greatest motivator), but I am suggesting we need to be street smart about how our money system works. Understanding the money game does not make us better or smarter people than others, it does make us more aware and savvy when opportunity knocks on our door.

Shifting Gears: The Increasing Power Of The Emerging World

Examining the change of the world's economic power structure.

Two-Time Lottery Winners And The Economics Law Of Diminishing Marginal Utility

This article uses the example of two-time lottery winners to explain the law of diminishing marginal utility...

The Mainstream and The Markets

A confluence of economic and geopolitical events will soon test the will of creditor nations to continue their financing of the U.S economic malaise and largesse. The size of the U.S debt is astonishing but the Federal Reserve is undeterred in bathing the nation in currency. Consequently, the plight of the U.S dollar is destined to drop further.

Ten Reasons For Lower Oil Price Ahead

Oil price rebounds on Thursday October 5th, 2006 on the news that OPEC will cut 1 Million barrels per day production effective immediately. Saudi Arabia, the largest OPEC oil producer, will reduce its output by 300,000 barrels per day. Will this production cut help oil price? OPEC members certainly hope so. In the short to medium term, I feel that it is a futile effort.

There Has Been A Movement In Favor Of Legal Employment

How exactly does legal employment impact the economic functioning of economies and countries? In the normal course of things, the supply of skilled labor and the legal employment opportunities available regulate themselves to produce the best fit for both the parties concerned

China and Accelerating Currency Reforms in the Wake of Redline Growth

China's economy seems to be becoming the world's manufacturing headquarters and with this rapid growth is also coming with inflation worries. China is being careful to regulate its currency but now it must accelerate its currency reforms as its industrial capacity and growing economy is running at redline and could overheat. The longer China waits on its currency reforms the harder the change will come later and this could cause significant problems.

Why Australia and Others Will Be Left Behind

Imagine this. You plan a 3 month holiday and spend a lot of money on it then go. 2 months into the holiday you are running out of money so you sell all your possessions, house and car back home to fund the remaining month of vacation knowing you will have to go home in a month. Sound stupid? Well that is what a lot of governments and companies are doing meaning there is nothing left tomorrow...

Why We Need a Free Trade Agreement with Peru ASAP!

We need to secure a Free Trade Agreement with Peru to keep them out of the awaiting fate of Venezuela and Bolivia as those economies crumble due to their communist leanings and anti-capitalist points of view.

The Future Economic Implosion of Venezuela Predicted by Futurist

One futurist in the United States is very closely watching Venezuela make mistakes and predicts the complete collapse and economic implosion of the Communist Nation State of Venezuela. But how could that happen, as Venezuela is rich in oil you ask? Well easily really, you see Venezuela has a state run oil

$50 per Barrel and Venezuela's Economy and Hugo Chavez's Plans

Venezuela and Hugo Ch?vez and have declared themselves enemies of the United States of America and they have called the President of the United States the devil. However, it looks like the devil made him do it and sulfur still taints the undergarments of Hugo Ch?vez.

U.S. No Longer World's Most Competitive Economy

The recent study of the world's economies reveals that the U.S. has fallen from first place last year to sixth place this year.