The Effects of the Bursting Housing Bubble

by Hasan on December 16th, 2007

The housing bubble is old news – very old. For years the Fed kept interest rates low which helped fuel the biggest housing market America had seen in years. But those good times are evaporating and even dramatic price cuts can’t keep the housing market alive.
A Bad Month
October was a bad month in the housing [...]

America’s Ingenuity May Be in Trouble

by Hasan on December 12th, 2007

It’s a widely acknowledged fact that many of America’s best inventors weren’t born in the Untied States. But few realize exactly how many scientists and mathematicians from other corners of the globe actually affect American inventions and thus America’s position as a world leader in innovation.
Slightly more than 10% of the working population in the [...]