||Sandwich|| & [Drink]> blog

A Sandwich of Topics, Easy to Digest

Archive for Economics

Clarke and Dawe: Lending Merry Go Round

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GLOBAL PULSE: Debt: Greece vs California

Global Economic Power to Shift as BRIC Countries Demand More Power in IMF

We have Luxemburg, the Netherlands and Belgium that have more voting power than Brazil, China and India. This is completely absurd. So the BRICs have to start their pressure from the inside and that is – try to alter and ameliorate at least the Bretton Woods institutions and start to actually act as new emerging economic powers in the world.”

-Pepe Escobar


Micheal Pritchard Turns Filthy Water into Drinkable Water

Dan Senor, Author of Startup Nation on CNBC [video]

Dan Senor, the author of Startup Nation: The Story of Israel’s Economic Miracle discusses key factors on why Israel is one of the fastest growing and most innovative economies on the planet despite being in a constant state of war.

Many countries could gain alot by studying Israel’s example and utilizing some of it’s policies- especially developing countries.

The Khan Academy – College on Youtube

I found this channel on youtube-a little too late- and it’s been the best help with Calculus that I’ve seen on the  net. The speaker uses MS Paint to break down many abstract topics that many math teachers go over too quickly. Since its a video, I can pause and rewind instead of asking a question in class and feeling like a dumbass.

Not only does he teach Calculus but also:

Precalculus |  Trigonometry |  Algebra |  Finance |  Pre-algebraArithmetic |  Geometry |  Physics |  SAT Preparation |  ProbabilityLinear Algebra |  Differential Equations |  Credit Crisis |  Banking and Money |  Paulson Bailout |  California Standards Test: Algebra IICalifornia Standards Test: Algebra I |  California Standards Test: Geometry |  Venture Capital and Capital Markets |  Statistics |  Geithner Plan |  Current Economics |  Brain Teasers |  Valuation and Investing | Chemistry |  Biology |   |   |   |

Here is the Khan Academy on the Financial Crisis: (As seen on CNN)

Here’s Another One on Value Investing:

Here’s on on Calculus: (Implicit Differentiation)

China Pledges $10 billion in Cheap Loans to African Countries

via Al Jazeera

China is steadily and rapidly becoming a key player in the Global marketplace, especially in Africa.

Key Facts:

  • Africa’s combined GDP is worth approximately $1.2trn, equal to about one quarter of China’s $4.4trn economy.
  • Trade between China and Africa has risen by more than 33 per cent annually this decade.
  • Volume of two-way trade almost hit $107bn in 2008.
  • Africa has a market potential of 800 million people.
  • In the first nine months of 2009, Beijing invested more than $7.8bn in Africa.
  • China’s imports from Africa are dominated by oil and minerals to fuel its booming economy. Most come from Angola, Sudan, Nigeria, Zambia, the DR Congo and the Republic of the Congo.

Many western companies and organizations have been criticizing the Chinese for doing business with some African countries but as one Chinese representative put it, “Just because [US and European] companies are doing business here, does that mean they are supporting the military government?…So why, when Chinese companies do business here, is China accused of supporting the government?”. Some see the criticism as fear that the West’s strong role in Africa is steadily diminishing.

The West has had a monopoly on the buying of African resources for the past 20 years and the next decade should be interesting in how the relationships and economic strength of all three regions change with this new trade relationship. I doubt it will be bad for the Chinese or Africans.