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Economy

Six New Year Resolutions for Traders in 2023

The year 2022 is coming to an end, and the time has come for a fresh start in 2023. The end of the year is a great time for traders to review their 2022 trading performance and reflect on how they’ve fared in the market. To take advantage…

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…

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:…

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…

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…

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…

The Basics of Forex Trading

Forex trading has been around since the 1970s but with the advancement of technology, and the advent of online trading platforms across the years, its popularity has been growing exponentially. This can be evidenced by the topic of Forex…

What drives long waves?

Kondratiev approached the explanation of the great cycles from the point of view of the equilibrium theory. It was not the Marxist philosophical approach that turned out to be his support, but the mechanistic concept: simplifying reality…