Author Archives: theavengersecon

How Banks Played a PART in the Financial Crisis!

The 2008 financial crisis was an “avoidable” disaster caused by widespread failures in government regulation, corporate mismanagement and heedless risk-taking by Wall Street, according to the federal inquiry. The financial crises emphasises the importance of banks, their tendency to lend recklessly, and the role that deposit insurance plays in creating moral hazard. It all started […]

South Africa’s Potential

South Africa is a country that has the economic potential to growth at 5-to 7% as some of the other leading emerging counties has achieved. According to the World Completive index is South Africa the best in infrastructure by far in Africa, the highest GDP per head which is $11 000 at purchasing parity and […]

Greece and their struggling path

The global economy has experienced slow growth since the U.S. financial crisis of 2007-2008, which has exposed the unsustainable fiscal policies of countries in Europe and around the globe, thinking that the commodity boom and income revenue where permanent. In the other hand Greece, spent heartily for years and failed to undertaken fiscal reform, was […]

South Africa’s supposed “bright” future

Introduction  South Africa as a young and vibrant emerging democracy has made significant inroads into obstacles represented by its historical background. Few countries are privileged enough to have such a background and yet such a future. With such an interesting history it is no wonder that there is so much speculation regarding its future. Some […]

African Union (AU) Lets Down Africa

Since the disbandment of the Organisation of African Union (OAU) in 2002 to the new African Union (AU), there are still serious question in how effective the union operates. The former organisation was regarded as a ‘Dictators Club’, an expensive talk shop where former colonial heroes would preach on independence, yet stand by and watch […]

Will the NDP increase growth or establish a low development for institutions?

Although it might seem narrowed to suggest that the solution to South Africa’s economic and political problems is already on paper (National Development Plan), the truth is the only restriction to this plan is the failure of government and institutions to enforce such a model.  This seems much easier said than done, and the results […]

Monetary Policy in the US

The US is in a difficult situation at this stage and the way out seems to be difficult to determine. Expansion of Monetary Policy or a decline in the Monetary policy? Increasing the money supply in the economy to create higher inflation would seem to be the best option at this time. Further discussion in […]