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Economy

The economic cycle and its phases

Many generations of researchers have tried to unravel the mystery of the cyclical fluctuations of the market economy. Now, when in Russia the breeding process becomes more and more cyclical, this problem is of interest to a wide range of…

What is Decentralized Finance, or DeFi?

Decentralized finance, or DeFi, is similar to but not identical to Bitcoin (BTC). The term "DeFi" refers to financial systems enabled by decentralized blockchain technology. DeFi is mostly linked to the Ethereum (ETH) blockchain and the…

GDP structure of Saudi Arabia

Factors that determine the structure of GDP on the example of Saudi Arabia Saudi Arabia is included in the group of highly profitable countries. In 2018, Saudi Arabia ranked 20th in terms of GDP with $659.66 billion. Let us consider the…

Five steps to reduce trading risks

For many of us who currently work in the Forex business, the word “risk” has become simply a term we’ve learn to live with on daily basis. But for many others, risk is a synonym of fear, especially when it comes to money issues. That is…

How to Get into Online Metal Trading?

The most popular precious metals in metals trading are gold and silver. The latter is strongly linked to the main currencies and the world economy as a whole. Precious metals have long been the medium of exchange between dealers worldwide.…

Positive and normative economics

Positive and Normative Economics: Briefly Explained in Simple Terms To understand the objectives of economic policy, it is necessary to know what positive and normative economics mean and how they differ. The content of the article:…

Minstrel cycles

1. Are there Minstrel cycles in the US economy? Mitchell's substitution of Minstrel cycles for "business cycles". The deep economic crisis and depression that engulfed the world economy in 2008-2012 once again confirmed the fact of the…

A new look at economic theory

We are given the ability to communicate to facilitate the exchange of information and improve our lives. Words are the connecting links of this process. Each word has its specific meaning and is a carrier of information. Only the correct…