While many has attributed to Ronald Reagan’s mantra of “small government”, the fact is the current ballooning National Debt started from his administration. The Debt/GDP ratio after World War 2 was 117.5% and was gradually brought down to 32.5% during Jimmy Carter’s administration. After Reagan took over, the Debt/GDP ratio has gradually shot up to the current estimate of 102%. [...]
February 16, 2011
By this Sept. 2011, US Debt Ratio against the GDP will be a mind boggling 102%, that is $15.476 trillion. That makes them the largest debtor in the world, larger even than the whole European Union. Whether the people vote for a Republican or a Democrat government, they will never solve this major economic issue [...]
February 11, 2011
With the recent announcement of the synergy between Microsoft and Nokia, it created a whirlwind of discussions in the tech scene. I will add some of mine here. The irony is Microsoft and Nokia used to be the king of the hill in the mobile scene not so long ago and how things have change [...]
February 10, 2011
Since Apple redefines what a tablet ought to be with its iPad, many competitors rushed to introduce their non-existing tablets and claimed that they will be the next “iPad Killer”. Started off with Microsoft preempt announcement of their new “Slates” by HP running on Windows 7 over at CES2010 (I will come to HP later) [...]
February 10, 2011
Here are some interesting facts on how much return (compounded annually) you would get if you have invested in some technology stock over a five-year period:- Apple – 38.8% Oracle – 30% IBM – 17.37% Google – 11.12% Microsoft – 2.74% We have no doubt Apple has been a top stock performer judging from their [...]
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February 17, 2011