The U.S. is already $12 trillion in debt, not counting unfunded promises like Social Security and Medicare, and the current administration wants to add $1 trillion per year for the next ten years to that number. At what point does such an unstable financial system collapse?

National Income and definitions.

Recession has recently caused havoc to our lives. It has made us to spend less and start saving money.

A list of the largest economies according to GDP and purchasing power.

Why the UK may lose its AAA rating, and its implications.

Everywhere on the media we hear about the financial crisis, recession and even great depression. But what really happens during a recession?

This highlights that social economics is a system geared towards achieving economic and social development in a social market, rather than based on free market economic principles.

Granting citizenship or legal residency to three categories of illegal immigrants would spur economic growth in a period of recession. These illegal immigrants would likely obtain citizenship or residence at some point in the future; why not accelerate the process to help our economy?