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 →