In Canada one of the purposes of the government, the people and the central bank is to keep the nation in economic prosperity. Even though a country will not prosper forever and will have downfalls, it is the way the situation is handled and dealt with accordingly, is what matters. When we talk abou...

Interest Rates Interest is the charge the lenders set for the borrowing of their money. Interest is done in a percentage like five percent or ten percent. So the lender collects their original money along with extra money based on the percentage rate. Business, governments, and consumers ...

We have been following the U.S. Leading Economic Index for one year, starting in October of 2003, and ending in October of 2004. The following will hopefully help you to understand why this specific indicator either rose or fell in each particular month. It will also link the graphical information t...

U.S. Faces Tariffs In Response To Trade Dispute -By Scott Miller WSJ - 11/18/04 This article posted in The Wall Street Journal on Thursday the 18th of November discusses how in response to the highly criticized Byrd amendment the European Union has announced plans to impose a set of punitive...

Alan Greenspan has recently been reelected as chairman to serve his fifth term by the senate. He controls interest rates in regards to inflation and has moved our economy up and down the equilibrium with his famous economic instincts. Some even consider him one of the world's most powerful men...