Easy Guide to the Global Economic Crisis

We all know very well about how runaway mortgage policies have led to banks defaulting, leading to buyouts and the eventual government bailout.  Here’s a flowchart from Fair Loan Rate that shows the whole process from start to finish. You can see how this all went in a clear but simple-stated manner.

Follow the link at the bottom of this article to get to the flowchart.

In order to fully understand the dynamics and depth of current global recession, It is very important to know what led us to this crisis. I have found the illustration below very thought-provoking and useful. It helped me explain the reasons effectively.

R.MAK.

The Reasons Behind Global Economic Crisis, written by R. MAK, from Fair Loan Rate

AEA on the Reproductive Health Bill

The HOUSE BILL NO. 5043, “”Reproductive Health and Population Development Act of 2008″, or more popularly known as the Reproductive Health Bill, is a bill of rational motives and is pro-economic development in nature.

We, the Ateneo Economics Association, believe that the Reproductive Health Bill:

1. PROTECTS LIVES – Some 3.1 million pregnancies occur each year in the Philippines.

AEA’s Official Statement Regarding the Calatagan Farmers Issue

Kailangan pa bang ilakad ang hustisya? Hindi lang kapitalismo ang sagot sa pag-unlad.

(Do we need to march to get justice? Capitalism isn’t the only answer for progress.)

Analyzing the Rice Crisis in the Philippines (Part 2)

Analyzing The Rice Crisis in the Philippines

Academics, Research and Development Department of Ateneo Economics Association

THE SIGNIFICANCE OF RICE IN THE PHILIPPINE SETTING

Rice is the staple food of the Filipinos. It is a politically sensitive commodity with which supply disruption causes people distress. The Philippines consumes about 33,000 tons of rice daily. Approximately, 80% of the total population spends almost 1/4 of their income on rice alone. This shows that a slight increase in the price of this commodity will greatly affect the standard of living for most Filipinos.