finance

Money talks; reviewing the global economy, government spending, taxes, and economic policy that affect our social and political future.

What if we re-allocated some of the $700 billion military budget?
Disclaimer: I am not any kind of political or economic expert. I am a software developer that is curious about financing and government.
By Mark Lancaster6 years ago in The Swamp
Economic impact of the COVID-19 in 2021
"The COVID-19 pandemic is much more than a health crisis: it threatens culture and economies at its core, the UN Framework for an Immediate Socio-Economic Reaction to the COVID 19 Crisis" - UN. While the consequences of the pandemic vary from country to country, poverty and inequality are most likely to increase globally, thus raising the importance of achieving SDGs.
By PickyTop6 years ago in The Swamp
The $600 Federal weekly Unemployment Payments ends July 31; Republican Senators wants it to expire but Democrats in House have passed an Extension Bill
The unemployment benefits provided to anyone out of work because of Coronavirus Pandemic is ending last day of July, 2020. But with the resurgence of Coronavirus across the United States, there is a possibility that the unemployment payments may continue if Democrats have their way. Over 21 million Americans are collecting the $600 weekly payments from the federal government in addition to state unemployment payment.
By Paul Oranika6 years ago in The Swamp
Corona Virus Recession - Using Protectionism to reduce the current account deficit during a recession
The COVID — 19 recession, could be a major global recession which arose as an economic consequence of the continued Coronavirus pandemic. Since World War 2, coronavirus pandemic could cause the worst global recession. Most of the countries saw a falling GDP from January to March 2020, because the economic impact of coronavirus began to hit. For April to June official figures haven’t been published yet, but they’re likely to point out even bigger falls, this can mean the second quarter of negative growth, confirming that much of the globe is in recession.
By Siddharth Shankar V6 years ago in The Swamp
The Effects of COVID'19 on Global Economy
November 2019 A 55-year-old individual from Hubei province in China tested positive for COVID'19, at that time no one knew that this will turn into a pandemic, however the cause of this new virus named as (SARS-COV-2) Coronavirus Disease by WHO was believed to be an interaction between bat and human.
By Shumaila Keerio6 years ago in The Swamp
Reason New Cities Support Poverty Eradication
Poverty indicates a decline in economic activities – be it in economies, homes, or individual’s life. It has long been projected that there would be population explosion by 2050 in many countries. And if economic activities do not grow alongside this projected growth, poverty would increase in these economies. So how can the economy be grown to cushion the effect of this projection?
By Morgan Orioha6 years ago in The Swamp
Venezuela Is Becoming More And More Isolated
Wells Fargo, a US-based bank, is warning customers in Venezuela that as of June 26 they will no longer have access to the Zelle platform.
By creatorsklub6 years ago in The Swamp
NORTHERN NIGERIA: WHAT REALLY WENT WRONG?
Since the amalgamation of Nigeria in 1914, the prospects of northern Nigeria seemed promising in comparison to other regions. Though limited in western literacy, northern Nigeria was already at that time, vast in both Arabic and Islamic studies. The first prime minister will eventually, turn out to be a northerner and in due course, many leaders will also emerge from the same region.
By AfricanOnion.com6 years ago in The Swamp
Just another day in the USA.
I got the same again yesterday. I filed for UI on 3/24-applied for PUA on 4/10- in between 3 days and 3 reps supposedly called me to “complete” my claim by phone. Everyone said ok and I was eligible for a little. 4/21 inbox labor email writes I was turned down for UI and even though I received an email from them, which I saved, that says I was eligible for pandemic. This is like 5 weeks wait. Tells me to apply for pandemic and has a form waiting for me to fill out. I apply for pandemic again on 4/22- pending until yesterday- when I received 2 letters in the mail. Also 2 emails 1) saying my pandemic was incomplete with a link to fix it. I go to link and fill all out. Then the letters 2nd saying that they needed more info on income and jobs. then a letter as well as an email that I was turned down (dated 4/22 mailed) it says. Mailing date not stated I receive a second letter in the mail telling me to validate my claim and claim credit for first week for pandemic 3/22-3/28- which means this had to have been mailed right before then. Yesterday I get 2 emails before I checked snail mail. One of the emails said eligible for $182. Second email said and complete a link to online questions but that pandemic would start in up to 3 weeks after my file date of i was found to be eligible. Remember, I filed back on 3/24 initially. But they are going on 4/22 recognizing that as my file date. I get on the computer again and sign in- fill out more question and guess what my claim is completed. This is no joke the 6th time my “claim has been completed”; each letter or email contradicting the previous and me still bugging out like are we gonna be ok- or we gonna be homeless? If we are going to get by, then when might something came this way? We were already living paycheck to paycheck. I too had recently returned to work force full time out of need. Interviewed for a year before taking the tier 2 personal trainer position and choosing to commute to nyc again which I’ve not done for work in about 20 years. There is no savings, investments or retirement- so i guess either I connect with another person who sets my soul on fire and get remarried (which is something I’d like again someday) or full time w/ benefits (this has been my main focus); I get my LLC off the ground and I’m finally able to start a 401k or something; my poor kids have to take in their burdensome mom cause I won’t be able to afford the senior living homes; I move to another country or I travel to oregon at the end for an assist. Gruesome kinda to be in your 40’s; feel like you are 15; and be scared to death of what will happen to you if you live to reach 70. And ultimately, I have no idea which UI or PUA to believe now. It sucks, not just cause this is just one aspect of things I’m coping with, but because of all of the people in the same boat. I’m a statistic and right now it feels like I’m a drop in the bucket on this one. Shout out if this story resonates!
By Sin6 years ago in The Swamp
What Happened To The Quick Bounce Back That Was Predicted
In a way, the UK should have been the best-prepared country for the destructive force of Covid-19 on the economy. Throughout 2019 hardly a day went past without someone reminding us of the dangers of a cliff-edge Brexit.
By Anton Black6 years ago in The Swamp
21 Powerful Photos Revealing A Gigantic Change After Lockdown
The U.K. has been placed on lockdown as an attempt by the government to stop the virus. Essential stores, such as pharmacies, supermarkets and petrol stations are among those authorised to stay open.
By Anton Black6 years ago in The Swamp
Let’s Face It. We Need The “$2,000/month” Money For The People Act.
Some days ago, Rep. Ro Khanna and Rep. Tim Ryan, two Democrats in the House of Representatives, proposed the emergency money for the people act that helps fix the problems that were present in the CARES act. The problem with the cares act is that it excluded a lot of people. It prohibited undocumented immigrants and excluded college students and a few other types of workers who desperately need money because they were unable to work due to the shutdown. To add on to that, are some people who can not get approval for unemployment in their state, like Undocumented or part-time workers. Some workers are only eligible for the $600 in the care act and not the additional state benefits. Such a bill like this would help patch specific flaws in the original proposal. It also has options for the un-banked with the opportunities to send money to Venmo accounts, Cash app accounts, and Paypal accounts for those who don’t have traditional or even more modern fintech bank accounts.
By C.R. Pattison6 years ago in The Swamp