passengers and freights. As estimated by Federal Aviation Association (FAA), commercial airline fleet will increase by 4.2% annually in the following 20 years. Boeing takes up 49% of market share and is ready to capture more shares among the expected $6-trillion-dollar market with growth of 5% over the long run. In addition, regional conflict and new defense budget boost demands in military defense sector, where Boeing is also a powerful player. Founded in 1916, the Boeing Company has been the…
consequences. It also sets them up to retire on time, and often changes family trees. Arguably, debt has become the worst problem facing our nation. Our national debt today has reached a whopping eighteen trillion dollars, the student loan debt has risen to over one trillion, while consumer debt tops three trillion dollars. Financial education can help students make better choices and live debt free. Basic knowledge and concepts of financial strategies can make a lifelong difference. If the…
growth for herbal tea U.S.A 88.98 million 17.1 17.97 trillion 0.2 Low U,K 18.88 million 9.1 2.66 trillion 0.1 Low JAPAN 50.02 million 10.3 4.65 trillion 0.7 High SAUDI ARABIA 2.199 million 3.2 1.681 trillion 2.3 Low QATAR 0.223 million 2.2 324 million 1.6 Low AUSTRALIA 6.2 million 9.4 1.489 trillion 1.9 medium NEWZEALAND 1.157 million 9.7 166 billion 0.7 Low RUSSIA 39.46 million 6.5 3.471 trillion 15.4 medium GERMANY 28.68 million 11.3 3.842 trillion 0.2 Low INDIA 163.4 million 4…
Zimbabwe, Argentina, Cyprus, Greece, Puerto Rico have all grappled with massive economic disruption caused by debt default. The sad reality is that it will take one or larger, involuntary economic meltdowns where debts are nullified, entitlements reduced or eliminated, and derivatives reigned in to put things back in order. The first such meltdown is expected to begin before the end of 2016. Reinhart and Rogoff are right. It’s no different this time. Except that this time there might not be…
except having big deals with television networks such as ESPN, NBC, Fox, etc. That’s because the college athletes don’t get paid at all! That should change because, A. they work more hours than the average American does (per week), B. the NCAA is a 1 trillion dollar industry, and C. missing classes affects the value of the educaton. According to Marc Edelman at Forbes “The average American works 40.0 hours a week, but the average D1 football player puts in 43.3 hours a week!” That’s 3.3 hours…
Describe and analyze the distribution of federal government spending. In the 2016 year, the federal budget was 3.95 trillion dollars even though the total revenue of America was 3.34 trillion dollars. The Government is causing America fall into a deeper debt by overspending. The government spent about 36 percent of spending on social security, unemployment, and labor; 28 percent on medicare and health; 15 percent on national defense; 6 percent on net interest; 4 percent on veterans benefits and…
According to Congressional Budget Office (CBO), “estimates that the federal budget deficit in 2016 will be $544 billion, raising debt held by the public to 76 percent of GDP” (CBO, 2016). Budget deficit means the government is in debt, and the calculation is for one-year period. So what is the federal budget? In its most simple terms the federal budget is created by the office of the president, using the federal departments and independent agencies. Documents include historical data as well…
Social Security is a government system that provides assistance to people with low income or no income, it is a federal insurance program that provides for people that are retired, disabled, and independents. Over 220,000 people signed up for the Social Security within the first two years of it being created. In the beginning, the money was only to pay the family's primary worker, the main effect it had was to provide a safety net for family's money and retirement. The Social Security Act was…
Introduction In America we have a problem with distribution wealth equally among our population. What I'll be discussion is the fact more and more people are becoming poorer while the rich are becoming rich. But this isn't something new matter of fact it's been happening since the 1920's and over time increasingly more and more money has gone to the wealthiest. During the first two years of our nation's economic recovery, the mean net worth of household in the upper 1% of the wealth…
Alone the housing burst rocked the banking system nearly causing a complete economic meltdown. “The value of real estate owned by U.S. households fell by nearly $6 trillion”(FiveThirtyEight). Typically the housing market is not susceptible to a pricing bubble. The housing bubble began primarily by an increase in demand, this occurs because of an upturn in general economic activity putting more disposable income in consumers…