Collection of Interesting, Worth Reading NEWS, ANALYSIS & ARTICLES

This story almost certainly force us think that is the building more debt ridden society over last few decades a disaster in making for the future? May be or may be not. At least a columnist of Reuters, John Kemp, thinks that it is a disaster in making.

Here is the snapshot of the data the author talks about. Just look at the table below and draw your own conclusions or read the full story HERE.

Table: United States Public and Private Debt

I am starting my first entry with the some basics of the current state of the economy of the world. May of you would be wondering how this mess was created at the first place. Yes, the mess was created... it did not happen all by itself. You may say the cause to be greed, loose regulations or any other but something caused it. So read the following in the order they are written:

Financial Crisis for Beginners - There are lot of other articles on this page. If those interest you then do read them to get a full picture.

What is National Debt

Interest Rates for Beginners

Federal Reserve for Beginners

Bank Failures

Bank Runs

Above articles are basics. If you have some more energy to read then go through these articles as well. These are little more than beginner ones...

Primary Surpluses and Sustainable Debt Levels in Emerging Market Countries

Keynes Economics Theory

Keynes Theory being tested by Obama first time since it is written

The Recession Paradox: Spend Or Save?

Reviving The Economy: What Really Works?

And some other related ones that I thought will interest you are here...

How Hedge Funds and other investors are making money on toxic assets of banks

Wall Street on the Tundra (Iceland's Fall)