We at USDemocrazy do not have money problems. We have no money…no money, no problems.
Still, we have enormous respect for those who can manage huge sums of money on an awesome scale. So for this week’s Awesome Sites we are sharing links to World-wide wonders that manage mega-money.
The World Bank is an international organization based in the United States that grants loans to countries in order to reduce poverty. But these loans (often in the millions of dollars) come with strings attached.
The World Bank often requires these countries make to significant changes before they agree to lend them money. These requirements might include restructuring governments and changing economic policies.
Another important global financial institution is the International Monetary Fund. The IMF is charged with overseeing exchange rates among countries as well as monitoring the debt of various countries. Like the World Bank, The IMF also offers conditional loans to poor countries.
These two organizations, though different, are related.
They both were created near the end of the Second World War to stabilize the war-torn global economy.
To help us keep up with today’s news on global finance, we turn to the web. Here are some of our favorite sites to keep us informed (a challenging task). Check them out:
Bloomberg News is a US-based news group founded by the current mayor of New York, Michael Bloomberg.
The Financial Times is a British-based publication dealing with monetary matters.
CNN Money is the financial news arm of the famous Atlanta-based Cable News Network.
The Economist is a global magazine dedicated to news, politics, finance and culture.
While we are discussing about topics relevant to USDemocrazy | Trying to Make Sense of our Democracy, The four richest people in the world are worth billions. Yes, that’s billions, with a “b.” How about millionaires? What do they do? I know a few of them myself, so I can tell you that most of them are business owners. They own nursing homes, logging companies, tile companies, movie rental shops, and other types of businesses. A few of them even own home based businesses.
I’ve said that least 412081 times. The problem this like that is they are just too compilcated for the average bird, if you know what I mean
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This is getting a bit more subjective, but I much prefer the Zune Marketplace. The interface is colorful, has more flair, and some cool features like ‘Mixview’ that let you quickly see related albums, songs, or other users related to what you’re listening to. Clicking on one of those will center on that item, and another set of “neighbors” will come into view, allowing you to navigate around exploring by similar artists, songs, or users. Speaking of users, the Zune “Social” is also great fun, letting you find others with shared tastes and becoming friends with them. You then can listen to a playlist created based on an amalgamation of what all your friends are listening to, which is also enjoyable. Those concerned with privacy will be relieved to know you can prevent the public from seeing your personal listening habits if you so choose.