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One idea to stop Venezuela's downward spiral: Switch to the US dollar

Venezuela's currency, the bolivar, lost nearly all its value last year as the country spiraled into an economic crisis. One solution gaining popularity: Get rid of the bolivar and replace it with the ... read more

The Network Effect: Here's Why Bitcoin Is Going Much Higher

Ever since the price peaked at nearly $20,000 in December Bitcoin has been in a downward spiral, and has dropped ... its worldwide multibillion-dollar infrastructure, as well as numerous other element... read more

'World of Warcraft's' virtual gold is more valuable than Venezuela's money

One US dollar today is worth 68,915 bolivares, according to the black market exchange rate the locals use. The black market rate is considered more trustworthy than the official rate, because the Vene... read more

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Topic A -- Do We Need Another Stimulus?

The American people would be well served if Democrats worked with us to enact them. It is premature to conclude one way or another if the economy ... year to fix the banking system and to stop the dow... read more


U.S. fines Corinthian Colleges $30 million

In one example, it counted a 2011 accounting graduate who was working ... At that time, the agency could force the school to stop enrolling any more students and prepare to help current students eithe... read more

What the Mayans can teach us about wind turbines

The unsolved problems then migrate from one generat ion to another, growing in magnitude and peril until, according to Dr Joseph Tainter in his book, The Collapse Of Complex Societies, the problem is ... read more

Venezuela In Freefall – An Interview With Francisco Monaldi

Some ideas were a ban on ... the country would be a big one. OP: And finally, kind of a big picture question. What would it take to turn things around? What would it take for Venezuela's economy to st... read more

Germany Is Delusional To The Point Of Insanity (And We're Getting More Shorts On)

Deflation (as opposed to disinflation) can lead to compounding "downward spiral" impacts ... No matter what happens, China has to switch from an infrastructure led economy to a consumer led one. This ... read more

The US Congress Anti-Science Committee

That anyone could spew such obvious and awful nonsense about biology and anatomy and yet sit on the US Congress’s science committee is, simply put, an outrage. I also pointed out he’s not alone. In th... read more

Interview with Healthcare Wonk Lanhee Chen: How Can the Senate Improve the Healthcare Bill?

It’s obviously going to change in the Senate one way or another -- [there] may be significant ... the risk pools are disproportionately older and sicker and that creates this downward spiral where to ... read more

One idea to stop Venezuela's downward spiral: Switch to US dollar

NEW YORK (CNNMoney) - Venezuela's currency, the bolivar, lost nearly all its value last year as the country spiraled into an economic crisis. One solution gaining popularity: Get rid of the bolivar an... read more

UK Drivers Reluctant To Switch To EVs, Study Finds

Despite the many announcements for new electric vehicle (EV) models coming to the market and government initiatives to support EV adoption, UK motorists remain reluctant—if not stubborn—to make the sw... read more



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