Alexonomic's Outlook for 2013: South America

Yes, the Brazilians are still the centerpiece of South American economic growth, yet there are competitors arising. While Venezuala faces a period of uncertainty with the potential replacement of Hugo Chavez, Argentina offers a renewed challenge to the Falklands under Cristina Fernández de Kirchner.

Monday, 16 September 2013

Miss America: Solving the Issue of Ignorance

Racism. Hate, ridicule, antagonism, spite, malevolence, resentment. All these words are relatively nasty little combinations of letters that have been used quite recently to describe the negative reaction of some Americans to the appointment of the new Miss America. It brings to mind the late Christopher Hitchens asking “What is it you most dislike?” and proceeding to answer his own question with “Stupidity, especially in its nastiest forms...

Monday, 9 September 2013

The Result of Every Nation Abolishing their Debt

Some readers have asked what would occur should every single government in the world just abolish, or default, on their debts. Although the answer may be simple to those who understand the global economy, for most it is quite a real question. If every single country in the world just decided to default on their financial obligations, the following would most likely briefly describe the general result.  What if this was all eliminated?  First...