By PaperMoneyMan, on July 29th, 2011%
Question by orchidmg: How can the United States be the richest country in the world yet at the same time?
be trillions of dollars in debt? Forgive my lack of knowledge in this area. I just don’t understand how we can give billions and billions of dollars to other countries every year in aide and other things and we be trillions of dollars in debt (meaning they owe us, right?) and still claim to the richest country. Are we then not spending money that we don’t have? The money we produce here, what backs that up? It is gold and where does it come from? Or is all this money just figures on paper?
I’d appreciate it of any of you can explain this to me.
Best answer:
Answer by ph_yoAll countries are in debt. One thing that is never brought up is how many countries are in debt to the US.
http://en.wikipedia.org/wiki/U.S._public_debt
“According to the CIA’s World Factbook, this meant that the U.S. public debt was the 35th largest in the world by percentage of GDP. In absolute value, it is . . . → Read More: How can the United States be the richest country in the world yet at the same time?
By PaperMoneyMan, on April 7th, 2011%
Do you think it’s time to sell your gold? Take those rose-colored glasses off!
Many new reports have publicized that the financial markets can go no lower. Crude oil prices are at an all time low, the housing slump and economic slowdown are over, and the future looks so bright, or is it? These reports recommend that now is the time to liquidate your gold bullion. But don’t be fooled, take off those rose-colored glasses, because now is definitely not the time to sell!
Before you decide to trade your gold for depreciating dollars, look at these important facts why you should be doing more gold investing. While retail sales have risen slightly, these sales include gasoline; which is selling well because the prices have dropped. Jobless claims continue to rise and many companies continue to announce new layoffs. Financial markets are still volatile. Even after the government has bailed out some of the largest banks, these same banks continue to need more money to operate.
The housing market has not yet reached bottom and people defaulting on their mortgages continues to rise. Inflation . . . → Read More: Do you think it’s time to sell your gold? Take those rose-colored glasses off!
By PaperMoneyMan, on January 31st, 2011%
3 Keys To Change Your Life: Health, Time, and Money
Before starting my article I will like to say a few words about health.
“Every human being is the author of his own health or disease.” “He, who has health, has hope. And he, who has hope, has everything.” “It is health that is real wealth and not pieces of gold and silver.”
It’s very easy with the upset or letdown of the economy for one to be very distracted from why 3 basic principles of life matter to us.
You see, when we go to work every day, maybe at a dead end J O B or at our dream career, it is easy to forget and get side tracked as to why we really go to work. Or if you are in college, grad school, or any type of educational program it is sometimes easy to lose focus and get involved in other matters or too involved into what we are already doing. Hence forgetting why we were doing it in the first place.
You pay bills in order to live comfortable . . . → Read More: 3 Keys To Change Your Life: Health, Time, and Money
By PaperMoneyMan, on January 27th, 2011%
Question by ANNIE: Should Mexico be spending their time & money on their own problems insteading filing lawsuits here?
MONTERREY, Mexico—A surge of drug violence in Mexico’s business capital and richest city has prompted an outcry from business leaders who on Wednesday took out full-page ads asking President Felipe Calderón to send in more soldiers to stem the violence. The growing violence in Monterrey, long one of Mexico’s most modern and safe cities, is a sign that the country’s war against drug gangs is spreading ever further from poorer battlegrounds along the border and into the country’s wealthiest enclaves.
Residents opened their newspapers Wednesday morning to find the ads taken out by Mexican business leaders, begging the government to send more military into the city. “Enough already,” said the notice that ran in national and local papers, criticizing what it said was a slow response of police against “criminal bands that in every act look to establish a new boundary of terror.”
Later that day, the body of Edelmiro Cavazos, mayor of the Monterrey suburb of Santiago, was found beside a highway. Mr. Cavazos . . . → Read More: Should Mexico be spending their time & money on their own problems insteading filing lawsuits here?
By PaperMoneyMan, on December 28th, 2010%
Greeting Cards How to Save Time and Money the Fun Way
History of the Greeting Card!
The custom of sending greeting cards can be traced back to the ancient Chinese, who exchanged messages of good will to celebrate the New Year, and to the early Egyptians, who conveyed their greetings on papyrus scrolls.
By the early 1400′s handmade paper greeting cards were being exchanged in Europe. The Germans are known to have printed New Year’s greetings from woodcuts as early as 1400 and handmade paper Valentines were being exchanged in various parts of Europe in the early to mid-1400.
By the 1850′s the greeting card had been transformed from a relative expensive, hand made and hand delivered gift to a popular and affordable means of personal communication, due largely to advances in printing and mechanization, as well as the 1840 introduction of the postage stamp.
Technical developments like color lithography in 1930 propelled the manufactured greeting card industry forward. Humorous greeting cards, known as studio cards, became popular in the late 1940s and 1950s.
By the late 1980s, there was a thriving market for what were called . . . → Read More: Greeting Cards How to Save Time and Money the Fun Way
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