Category Archives: Economics

The Rise Of The Baltics – Home To The Most Active Entrepreneurs In Europe

The Baltic nations of Estonia, Lithuania and Latvia were some of the hardest hit during the global financial crisis. The region suffered from both economic and political crises that shattered their once booming economy. Faced with few prospects and high rates of unemployment, the Baltic people have taken matters into their own hands and have […]

5 Ways that Global Monopolies Can Damage Human Existence

Monopolies have been made illegal in the United States as it destroys any chance for competition and creates dependence upon a particular company for goods and services. Throughout the years, monopolies of varying degrees have been attempted and challenged. However, the damage that can be wrought on a global scale is much different than what […]

Global financial & economic crisis in 2011

The financial crisis in late 2000, sometimes referred to as the Credit Crunch or the Global Financial Crisis, is generally considered by many economists to be the worst financial crisis since the Great Depression of the 1930s. The financial meltdown resulted in the collapse of super Financial institutions with power status, the bailout of mega-banks […]