Paul Kedrowsky speaks at MIT about how the facts of life – namely, the effects of aging – are going to totally transform our society.
We think it’s pretty neat, and it makes us wonder what the economy will look like when the nation’s purse strings are controlled mostly by older women.
“Anytime I hear that somebody’s really rich, the first question is ‘Do you do anything with it? Or do you, like, chill? You just sit on it?’” She is thinking carefully, strategically, about how best to put her own contribution to use, and has a plan—inspired by her researches for the role of a runaway in the sex trade—to set up a network of halfway houses to help those who want to recover and get back on their feet. “That would be amazing,” she says. “Right now it’s the thing I feel most connected to.”
Does this impact your view of Stewart? Do you agree that having money obligates you to “do something with it?”
But seriously. We all know that the U.S. has the world’s biggest economy, but have you ever considered how it really compares to other countries? Even after the recession exploded America’s financial system, you can still fit at least 50 smaller economies within its borders.
How do you think your state stacks up? Click to play with the map and find out.
*In case you forgot, the Gross Domestic Product, or GDP, is the measure of all goods and services produced in a country in a given year. It’s an easy way to get a sense of that country’s economic activity.
But seriously. We all know that the U.S. has the world’s biggest economy, but have you ever considered how it really compares to other countries? Even after the recession exploded America’s financial system, you can still fit at least 50 smaller economies within its borders.
How do you think your state stacks up? Click to play with the map and find out.
*In case you forgot, the Gross Domestic Product, or GDP, is the measure of all goods and services produced in a country in a given year. It’s an easy way to get a sense of that country’s economic activity.
“Let me give you some advice. Put your money in the bank, and forget about it.”
-Chuck Norris
As much as we hate to disagree with Chuck Norris (and are definitely expecting a round-house kick to the face after this post), here at TILE we know that saving money in the bank is only part of being responsible for your financial life. It’s just as important to learn how to make smart investments and get involved in causes you care about – doesn’t Chuck Norris know about spendgrowgive.com?!
Silly question – Chuck Norris knows everything.
(reblogged from moneyisnotimportant)
credit: RangerRick
Did you know…
- $1 bills have an average lifespan of 22 months, but coins can stick around for as long as 30 years!
- U.S. “paper money” isn’t paper at all – it’s actually made of 25% linen and 75% cotton, the same materials you make clothes out of! Money shirt, anyone?
- Scientists have identified 93 different types of bacteria living on dollar bills! Better have some hand sanitizer handy when you hit the ATM.
- 35 million new bills are printed every day, which adds up to about $635 million dollars. But don’t worry, the government isn’t adding $635 million dollars into the money supply every day – 95% of those bills are used to replace money that has gotten worn out or damaged and needs to be retired.
- Some new Euro coins have so much nickel in them that they cause people to break out in an allergic reaction. Talk about having money problems!
Now you know.
credit: RangerRick
Did you know…
- $1 bills have an average lifespan of 22 months, but coins can stick around for as long as 30 years!
- U.S. “paper money” isn’t paper at all – it’s actually made of 25% linen and 75% cotton, the same materials you make clothes out of! Money shirt, anyone?
- Scientists have identified 93 different types of bacteria living on dollar bills! Better have some hand sanitizer handy when you hit the ATM.
- 35 million new bills are printed every day, which adds up to about $635 million dollars. But don’t worry, the government isn’t adding $635 million dollars into the money supply every day – 95% of those bills are used to replace money that has gotten worn out or damaged and needs to be retired.
- Some new Euro coins have so much nickel in them that they cause people to break out in an allergic reaction. Talk about having money problems!
Now you know.
credit: Ivan Walsh
In important trade talks with China, the U.S. wants to make sure American companies can do business in the world’s second biggest economy…
“U.S. companies have issues with China in many different business sectors.” – John Frisbie, president of the U.S.-China Business Council in Washington, D.C.
Has any part of your life been touched by the rise of China?
credit: ollesvensson
Investing is a lot about trying to predict the future of a company. But what if that future depends on one single person?
“To think of a world without Steve Jobs is a really scary thought because he has had such a major influence on all of our lives whether we know it or not.” – Gene Munster, Analyst at Piper Jaffray (an investment bank)
How would this week’s news that Apple CEO Steve Jobs is taking more medical leave change your decision about whether to invest in Apple?
“Starbucks Corp. will roll out its biggest drink size yet — the 31-ounce “Trenta” — in all its U.S. coffee shops by May 3, the company said on Sunday. The new size will be available only for iced coffee, iced tea and iced tea lemonade drinks in the United States. The Trenta is 7 ounces larger than Starbucks’ “Venti” cup for iced drinks, which currently is its largest size on offer. Drinks in the Trenta size will cost 50 cents more than similar Venti-sized iced drinks, the company said.”
How much would an extra $0.50 add to your daily iced coffee habit?