Posted by Matt in February 8th, 2010 |
no comment
Published in
Economy,
Financial,
Consumer Inflation,
Economic Report,
Economic Reports,
Excess Liquidity,
Exporting Companies,
Financial Markets,
First Moves,
Global Economic Growth,
Global Recovery,
Jiangsu Province,
Labour Force,
Largesse,
Leading Indicator,
Minimum Wage,
Reaching One,
Rmb,
Simon Hunt,
Skilled Labour,
Skilled Workers,
World Markets
by Simon Hunt
This will be a shortened version of our usual monthly economic reports, since we have posted several short notes on the economic and financial markets.
This year is likely to be a year of surprises. Global economic growth will disappoint. The intrusion of governments into all matters financial, economic and even personal is a [...]
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Posted by Matt in January 19th, 2010 |
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Published in
general,
60 Minutes,
American Economy,
American Samoa,
American Somoa,
Congress,
Consumer Goods,
Insult To Injury,
Layed Off,
Legislation,
Minimum Wage,
Minium Wage,
ships,
Somoans,
Tuna
America has devastated the economy of American Somoa with one piece of legislation. What was this legislation? It was our minium wage law that was changed to include American Somoa.
Approximately 80% of the American Somoa economy was based on canning tuna. With the large increase in the minimum wage mandated by congress, one tuna company [...]
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