As Japan’s Debt crosses new Barriers , No hope for Economic Revival


 

Japan's Rising DebtJNN 12 Aug 2013 Tokyo : Japan’s national debt exceeded 1,000 trillion yen, or $10.46 trillion, for the first time. It’s now well above 200% of the country’s GDP and is larger than that of Germany, France and the UK combined. Continue reading

US Economy lost , Debt more than its GDP, Apple has more cash than US Govt


JNN 03 Aug 2011 : The US Department of the Treasury says the country’s debt has topped 100 percent of its gross domestic product amid concerns over the slow pace of economic recovery. Continue reading

Thousands Protest against the High taxes and Bad Economy in Lisbon , Portugal


JNN 15 July 2011 Lisbon : Thousands of people have taken to the streets in the Portuguese capital to protest austerity measures adopted by Prime Minister Pedro Passos Coelho’s government. Continue reading

Chinese economy will surpass that of the US by 2016


JNN 27 April 2011 : According to the IMF’s forecast, based on “”purchasing power parities””, China’s gross domestic product (GDP) will rise from $11.2 trillion in 2011 to $19 trillion in 2016, while the American economy will increase from $15.2 trillion to $18.8 trillion.  Continue reading