Government deficits don’t correct recessions because the increase in spending; for however long it may be drawn out is never intended to be permanent. Without the general acknowledgment that the increase in government outlay is always going to be there and at the elevated level, consumers will treat the cashflow as temporary. And according to [...]
Business
The Most Valuable Teams In Sports
Recession, smesession- thats what the worlds top sports teams say to the economic downturn. Forbes has recently released their list for the top valued teams.
Leading the way is Manchester United with a value of 1.87 billion. Considering the fact that it was purchased for 1.45 billon in 2005 by Malcolm Glazier, this number is not [...]
Business
Wal-Mart Goes After Netflix
Wal Mart has thrown its hat into the online movie streaming service by striking a deal to buy Vudu. Terms of the deal have yet to be announced, although Wal Mart and VUDU expect to complete the deal within the next few weeks.
VUDU currently claims to have about 16,000 movies for rent and sale. The [...]
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