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Food Alert: Over Half of Indiana Has Crop Damage

Via Indiana Economic Digest

Gov. Mike Pence and Sen. Joe Donnelly are seeking a disaster declaration to help farmers whose crops have been damaged from the summer’s high rain levels.

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The Spectre of the Thirties

The Spectre of the Thirties
by Prabhat Patnaik
The Reserve Bank of India, as is to be expected, has been denying that its governor Raghuram Rajan had ever suggested that the world was facing the possibility of a 1930s-type Great Depression. 1,806 more words


Secrets of Personal Finance: "Don't Save Money. Make more."

“Don’t save money. Make more.”

Even Walter White couldn’t argue with that.

Oh, if you’re already squeamish about making lots of money for moral reasons, understand that wealth, at least in the west, is part of a long-standing tradition.  

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The Government has announced that it is practically giving away shares in the now publicly owned Royal Bank of Scotland.

5.4% of the total shares owned were sold with pints of milk in Tesco, given away as prizes in school fêtes and included as part of the Gregg’s sandwich meal deal. 221 more words


Is a 'people's Quantitative Easing' so loony?

Quantitative easing sounds very difficult to understand. If you ask an economist, a Very Important Person, a banker, they will tell you that it is an incredibly complex process with far-reaching consequences, and that it has been undertaken by our government for reasons far too complicated for mere plebeians to understand. 427 more words

Uk Politics

Are student loans the next big threat to the U.S economy?

Several questions have been raised about the threat to the U.S economy, when the student loan debt reached a staggering $1.2 trillion (of which $1 trillion are federal student loans); with many unable to repay the loans and taxpayer’s being forced to foot the bill. 679 more words