2010s

Football, known as soccer in the United States, is ranked as the most watched and played sport in the world. With more than 240 million people who regularly play it, the sport has grown to be the most popular in the world (FIFA). What no one acknowledges after all, is the dark side of football, which includes homophobia, corruption, and most commonly racism. Racism has been a persistent problem, especially in Europe since it “first appeared around the 1970’s when England’s black players were…

The advantages of Globalization of finance are the reduction of financial risk, improve the allocation of capitals, and reduce borrowing cost. Every business small or large has some form of a financial risk. The reduction of financial risk may require a business to plan for potential risk and existing risk. A company needs to plan ahead for future difficulties seen or unforeseen. Improving the allocation of capitals is one of the most important decisions associated with a company’s success and…

There is always financial crisis in the global economy and the effects really show in the middle of 2007 and into 2008. Where the world stock markets have fallen around the world and large financial institutions collapsed or either bailed out by the governments by rescue packages and bail out their financial systems. Economy was concerned about those who should be responsible for the financial problems are being bailed out. Since global financial meltdown affects almost everyone globally.…

During the month of September of 2016, Canada accomplished a dubious economic achievement. For the first time in its history, the amount of debt held by Canadians surpassed the amount of output, or Gross Domestic Product, the country produced (Isfeld 1). This increase of personal debt, leading to Canada surpassing 100 per cent of debt relative to GDP, corresponds with the low interest rates that have been offered to consumers since the ‘Great Recession’ to stimulate growth (1). Underpinned by…

Facts The largest municipal bankruptcy, in the history of the United States, was Orange County California, and at the center of this unforeseen catastrophe Robert Citron. Irrefutably, the financial complications that lead to the bankruptcy were the direct result of the mismanagement of public funds by county treasurer, Robert Citron. Furthermore, due to Citron risky investments with the county’s monies, he left the county in a one-and—half billion dollars’ worth of debt. According to the text,…

Futbol, otherwise known as soccer in the United States, is a well known athletic game across the country of Mexico. The current premier league became established in 1943. However, the first international match was in 1923, and since then the only country to have ever hosted two World Cups, the biggest soccer tournament in existence. Therefore, there are generations of soccer fanatics passed on in the families of Mexico. With that being said, this sport is taken very serious in some aspects of…

“You never know if you can actually do something against all odds until you actually do it.” -Abby Wambach (pinterest.com). Abby Wambach is a role model and a hero because of her determination to persevere when all odds seem against her, her supportive and everlasting positive attitude towards life, soccer,and her teammates, and her unmistakable role of leadership she plays for her teammates. Abby Wambach was born June 2, 1980 in Rochester New York. She was the youngest of seven kids. In high…

One of the reasons conflicts have not ended is culture. More interactions between different civilizations are intensifying the awareness of differences between cultures. Because civilizations do not understand differences between theirs and others, conflict arises. In some conflicted areas of the world, liberalism has failed and new authoritarian powers have appeared. The cause of the 2008 economic crisis was borrowers not being able to keep up with their ballooning mortgage payment. As a result…

Introduction When banks and large corporations have huge pending bills that they are unable to settle, they can turn to the government for a financial bailout. According to Casey and Posner (2015), a bailout is a transfer of resources, including money from the government to a private agent or even to an allied government. Government bailouts are aimed at preventing the potential collapsing of the economy by insuring the corporations against collapse. Notably, there was a substantial bailout in…

I will be discussing the bailout that occurred during the Great Recession of 2008. I will also examine the advantages and disadvantages of the bail out. Lastly, I will be analyzing and hypothesizing the bailout of 2008 and how it will and has affected my generation, and those to come after. In December of 2007 the great recession started, and it lasted until June of 2009; this had been the largest recession since World War II (WWII) (Adams, 2016). During the Great Recession, the resulting loss…