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How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business

If you’re not a numbers person, finance is daunting. Stop avoiding finance because you’re afraid of numbers. Think of it this way, “Finance is the way businesses keep score. “Finance and accounting are very simple. .” “Finance and accounting are very simple. Overcome your fears.

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FOMC Minutes and Economic Projections: Dissent in Both Directions

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. Balanced Budget Ammendment Sign the Balanced Budget Petition. percent for 2014, and 2.9 Participants also described their views regarding the appropriate path of the Federal Reserves balance sheet. Minyanville Business and Market News.

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Nifty-Fifty Becomes Fab-Five; Return of the "Four Horseman"; Ozone Layer

MishTalk

Congratulations, you went ahead in 2014. New Four Horseman On January 6 2012, GeekWire proclaimed Meet the new ‘four horsemen’ of tech: Sorry, Microsoft, Dell, Cisco and Intel. Fab-Five On November 16, Yahoo Finance reported How A Monster Year For Amazon, Google And Facebook Is Carrying The Stock Market. Dell is now private.

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Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)

MishTalk

Chicago finances are even worse than I thought which is saying quite a bit because I have written about the sorry state of Chicago finances on numerous occasion. Many of these uses of bond proceeds are not eligible for tax-exempt financing under the federal tax code." Not just financed, but financed with long-term debt.

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Prisoner's Dilemma Game in Greece; Contagion-Spread Eurozone Breakup More Likely Now; How will Greece NOT pay back €320 billion?

MishTalk

Also recall that Greek debt was restructured twice to meet those targets. It does not need to borrow money from foreign countries to finance its ongoing deficit (because there is no deficit). On Sunday lawmakers passed the 2014 budget without showing it to the IMF or the commission as demanded by EU rules.

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Laughable Eurozone Banking "Non-Union"; Expect Disorderly Breakup

MishTalk

Germany Backtracks on Banking Union MarketWatch reports Germany appears to backtrack on EU banking deal EU finance ministers have promised to agree on a so-called single-resolution mechanism--consisting of more centralized decision-making and financing for the shuttering or downsizing of failing banks--before the end of the year.

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Reflections on 2013; What's Important, What's Not? What's Ahead?

MishTalk

Had I suggested in 2007 that the Fed balance sheet expansion of $75 billion a month would have been considered "tightening" people would have thought I was nuts. Expect more on this in 2014. For example, Meet "Baxter" the Robot Out to Get Your Minimum-Wage, No Benefits, Part-Time Job. Will it happen in 2014?