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Jim Rogers on CNBC –“Abolish the FED”
Below is a great video of Jim Rogers who is widely know as one of the most successful investors in the world. Among other things he was the guy who helped George Soros start the Quantum Fund which...
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3 experiments with money
I am a big fan of behavioral economics which tries to explain why people act the way they do. Here are 3 interesting experiments that scientists have made in order to get a better insight into how...
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Game: What’s it like to be Chairman of the Fed?
Here is a fun and addicting game to all you money loving FinancialJesus.com readers. In the Fed Chairman Game you are in charge or the national monetary policy of the US. Your goal is simple – you...
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The Endowment Effect
According to the dominant economic theory all decisions made by humans are rational. Humans are looked as beings who make rational decisions in order to maximize their wealth. Scientists even have a...
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Predictions for 2009 – Financial Jesus
“Never make predictions, especially about the future.” Casey Stengel One of the worst things you can do is to predict the future. Your predictions will almost always be wrong and you will look like a...
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Top Fastest Growing Economies in 2009
2008 was a mess. Everything changed from great to being a disaster. The markets were down and most of the world’s leading economies slipped into recession. For most of the world 2009 is not looking...
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40% of the World’s Wealth has been Destroyed
Once a year most of the worlds influential businessmen, politicians, investors and economists meet in Davos, Switzerland to discuss the current state of world economy. This yearly gathering is known...
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Predictions for 2009 – How Did We do?
In the beginning of January last year we made a post about what we predicted will happen in 2009. 2009 is now over. Here is a look back to the predictions and how well we did. 1. The dollar will fall...
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