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February Economic Report

Posted by Matt in February 8th, 2010 | no comment 
Published in Economy, Financial, , , , , , , , , , , , , , , , , , , ,

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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America Effectively Declares War on American Somoa

Posted by Matt in January 19th, 2010 | no comment 
Published in general, , , , , , , , , , , , , ,

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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