background preloader

How The Economic Machine Works by Ray Dalio

How The Economic Machine Works by Ray Dalio

American History Two Enduring Viewpoints Compete < The Formation Of A National Government < History 1990 Congress quickly created departments of State and of the Treasury. Washington appointed Thomas Jefferson as Secretary of State and Alexander Hamilton, his aide during the Revolution, as Secretary of the Treasury. Simultaneously, the Congress established the federal judiciary, setting up not only a Supreme Court, with one Chief Justice (John Jay was named to the post) and five associate justices, but also three circuit courts and 13 district courts. In the first administration, both a Secretary of War and an Attorney General were also appointed. And since Washington generally preferred to make decisions only after consulting those men whose judgment he valued, the American Cabinet came into existence, consisting of the heads of all the departments that Congress might create. Hamilton and Jefferson represented two powerful, though to some extent antagonistic, forces in American life. Hamilton did much else. The Genét incident strained American relations with France.

Making the World Safe for Banksters: Syria in the Cross-hairs | WEB OF DEBT BLOG “The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole.” —Prof. Caroll Quigley, Georgetown University, Tragedy and Hope (1966) Iraq and Libya have been taken out, and Iran has been heavily boycotted. Syria is now in the cross-hairs. Why? In an August 2013 article titled “Larry Summers and the Secret ‘End-game’ Memo,” Greg Palast posted evidence of a secret late-1990s plan devised by Wall Street and U.S. The “end-game” would require not just coercing support among WTO members but taking down those countries refusing to join. Bank deregulation proceeded according to plan, and the government-sanctioned and -nurtured derivatives business mushroomed into a $700-plus trillion pyramid scheme. These countries were not all Islamic. Here is some data in support of that thesis. The End-game Memo The Holdouts

The Difference Between Macro and Microeconomics Although there are other branches of economic study, micro and macroeconomics are the most well-known. Over the years, both have become an increasingly common part of high school and college-level curriculums. Despite their popularity, however, the principles of these disciplines are frequently misunderstood or confused. While they share some of the same concepts and are interrelated in important ways, there is a fundamental difference between micro and macroeconomics. The simplest way to distinguish microeconomics from macroeconomics is to think about the names of these two fields. As its name indicates, microeconomics is the study of economics on a smaller, more detailed scale. Definition and Meaning of Microeconomics Microeconomics looks at the behavior of individual people and companies within the economy. Definition and Meaning of Macroeconomics The most concrete definition of macroeconomics is that it is a study of "the big picture" in the economy. By Kelly Anderson

(en anglais)
Permet de réviser efficacement les chapitres 1 et 2 notamment. En 30 min. by robin.stpaul Dec 20

Related: