Blog Post Makeup

Greetings, this post should have been a couple weeks ago, but better late than never. A couple weeks ago in economics/personal finance I saw an article on Google setting aside over $30 billion for foreign deals and spending sprees to catch up with the latest foreign tech, and hope fully make it popular to create the "next big thing". Google specifically intends to spend most of its money in Britain, telling the American people that it needs to keep disposable funds over seas to help expand its business into new areas.

By Katherine Rushton

7:54PM BST 21 May 2014

“We continue to expect substantial use of our offshore earnings for acquisitions as our global business has expanded into other product offerings like mobile devices,” it wrote. “It is reasonable to forecast that Google needs between $20bn to $30bn of foreign earnings to fund potential acquisitions of foreign targets and foreign technology rights from US targets in 2013 and beyond.”

Google is expected to spend a large chunk of that cash pile in Britain, which is one of the biggest global centres for technology start-ups outside America.

I figured this would have a lot to do with business growth and expansion, something we have been taught much of, like money managing, and investment to help grow our bank account. And it also works on the moral of our class, that "your money should work for you". All the money Google has set aside for investment, has the potential to create new businesses and hopefully make more money than they spend long-term.

http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/digital-media/10847802/Google-earmarks-30bn-for-overseas-deals.html

Blog Post

Greetings fellow earthlings, I am typing in this online blog to discuss with you the events that have taken place over the last week. The main things we have done have been discussing banking and personal finance. This includes watching videos on the federal reserve, personal financing, and we have also kept up with the everfi modules (credit). Its been good learning how to handle our own money, how to save it, how to use it, etc.
Also learning the functions and services of banks has been good, learning how to use them to our advantage.

Blog Post

This week in economics we started the second half of our second semester, Personal Finance. Over the next five weeks we will be discussing and practicing how to manage our personal funds. We have already played a game over spring break, that served as two learning modules, and  a three part game that simulated the business transactions and other things that a high school student, a college student, or a post-grad student, would encounter. We also started a new set of notes that have to do with Money and banking. So far we have taken notes on the functions and characteristics of money, as well as the federal reserve, what they do, and their chairman (Janet Yell-men).

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This week in economics was pretty interesting, we learned about a bunch of new stuff in the topic on business structures. We have also continued playing the stock market simulation, where we can buy, sell, and trade stocks without spending and losing real money. The game allows you to surf a copy of the actual stock market and interact with it. We were given 100,000 each to spend as we thought was fit, and give us the opportunity to make a lot of money, although most of us were losing money by the end of class.

Blog Post

This week in economics we covered many new concepts of competition, we also covered business structures, we also got to watch a movie that went into the major corporation of Pepsico. But the major thing we did was start a stock market simulator called Market Watch. It uses fake money to give the player control over simulated stocks that are very similar to the real thing to give the user control over the market.

Blog Post

Hello again, this week in economics was interesting, with us learning about supply curves, and the flood of Weserville, we even designed off-road 4x4 wheel chairs, but right now I am here to talk to you about. I recently read an article about the further raising of Obama care prices, and all i could think is "after it obviously failed, a long time ago, who is still willing to dump their money in this black hole, and put up with its biggest problem, the fact that it exists?" I kind of like how the website that people are to trust their healthcare for the rest of their lives with doesn't even work, but the ones that take donations for the support of the program work just fine. In economics/personal finance we are taught how to handle money, the laws of money, and how to use our money wisely, I haven't seen America do that in a while. I think this has everything to do with the subject of our class, and I think it is a good example of what not to do. Maybe, also make it harder for people to abuse, people capable of working, living completely off our tax dollars.

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Very recently i saw an article on the internet about how President Obama, very discretely, was trying to get the law changed to so that he may have a third term. This, for me personally, is a nightmare, not just that he would even try something like that, but the fact that he really believes that he is the best thing for America, and that him being in office for a total of 12 years, would actually help all the damage he has done. He would have four more years of major spending and pooling our wealth into other countries, wasting the tax payers money on welfare and trying to support Obama care, which was a miserable failure, and putting more American's out of jobs, and in deep debt. Its about time he started thinking about the greater good, instead of trying to fund his stupid fantasies.
This week in economics we finished our campaign ads which included a tv commercial, radio ad, and a newspaper article. We all presented our ad campaigns to the class, then the town hall committee voted on which ads to take from each group. Overall it was very successful, with all the very well done ads from everyone, we should have no problem getting the word out about our wonderful town of Weserville.
We also started to cover a new topic, the other side of Demand, and that is supply. Supply is the willingness and ability of producers to offer goods and services for sale. And there is one major law of supply, just like the Law of Demand. Producers are willing to sell more of a good or service at a higher price than they are at a lower price, and price and supply have a direct relationship. Just like Demand, supply has schedule's and curves, for both individuals and markets.