China Has Experienced Economic Growth Over the Last 20 Years

It should really come as no surprise why China has become such an economic power in the last 20 years, while the United States has continued to slip in the World’s economic food chain. We did it for them.

For the last 20+ years the same people who brought us failed banks, foreclosures and government insolvency, has been telling us “free trade” was the only thing we could embrace in a global economy, and there was no way to avoid a Global economy.

Economics is, to say the best, an inexact science. That’s why any two well known and respected economists can be provided the identical information to review and will arrive at conclusions which are the exact opposites on the spectrum. I’m not economist, but what little education I received on the subject always seemed void of the human factor. The hypothesis always assumed people would make the correct decisions, not self – serving decisions.

Economic science did not take into account the X factor of greed amongst the very people responsible for being…not greedy. The politicians and corporate leaders of America, the pillars of society, sold the United States to China in return for massive profits, which they gorged themselves on at the expense of the American people.

Pretty inflammatory accusations if I say so myself, but not without facts to substantiate the claims.
For example, America began, with the U.S. Government’s prodding, to sell scrap metal to China and Japan by the billions of tons for pennies on the dollar of its actual worth. This single action resulted in the loss of tens of thousands of good paying American jobs. How?

The Chinese recycled the scrap they bought for pennies and resold it to America for dollars, tens of millions actually, which destroyed the American recycling business and the American steel making industry. Thousands and thousands of jobs lost.

Then the Chinese and Japanese used the cheap scrap metal to produce autos and trucks, which were much cheaper than American made vehicles because they were made from steel the few remaining American steel manufacturers left, produced. Tens of thousands of additional jobs lost in the auto industry.

Another example of global fair trade implemented by our government, involved tariffs. The American public got whiff of the treachery committed against the steel and auto industry, which began stirring the rumblings of discontent, but when it was revealed the Oriental basin imposed tariffs on American made vehicles of $500 to $1000 a vehicle, a tariff is a tax the country puts on imports for allowing it into the country to be sold, while America imposed “No” tariffs, the pressure cooker just about blew.

Sensing a tensing of issues, the American government set a very high tariff on all finished imported vehicles brought into the United States from the Oriental basin for sale. They leveled the playing field for the American worker and were quite vocal in letting the media know and spread the word.

Here’s the one issue they failed to mention. The tariffs imposed on the Chinese and Japanese vehicles were on Finished Vehicles. The foreign auto industries simply did not install the seats in the vehicles until it cleared American customs, therefore there wasn’t a tariff imposed.

If you ask why China has become an economic power house in the last 20 years, don’t look to China to explain it. Look in your own back yard to American business and Government for the answers, they did it.

Athens Greece Horses and Social Status

Since earliest times all over the Mediterranean, the horse has been a symbol of prestige, wealth, and status. Social rank has often been defined in terms of one’s ability to own and maintain a horse: the hippeis in Greece, the equites in Rome, or the chevaliers of Medieval Europe. The word in English, “knights,” carries the same meaning.

In the Agora the earliest evidence for the association of horsemanship and high social status is found in the burials of the Iron Age cemetery which underlies the later civic center. The first is a tomb of the 9th century B.C., with rich grave goods in the form of pottery and an iron sword-in a period when such metal was still rare. The burial was a cremation, and found among the ashes of the pyre and the urn for the bones were two iron snaffle bits from the bridle of a horse.

In the 8th century B.C. many of the graves contained elaborately painted cosmetic boxes (pyxides) bearing lids with handles in the form of one to four horses. In Athenian society of the early 6th century B.C., the second-highest property classification was a group known as the knights (hippeis). Thus it now seems clear from the grave goods in these early burials that our recognition of the horse as a token of high social and political status should be pushed back several centuries, to the 9th or 8th century B.C.

Throughout the 6th century B.C. Athens was ruled by several large aristocratic families who took pride in their nobility. One expression of that pride was the association of one’s name with horses, and several prominent Athenians had names starting or ending with the word hippos. Perhaps the earliest example is Hippothoon, one of the ten eponymous heroes of Athens and the son of Poseidon. The two sons of the tyrant Peisistratos were named Hippias and Hipparchos, and the father of Perikles himself bore the name Xanthippos.

These old aristocratic families do not disappear with the advent of democracy at the end of the 6th century, and the association with horses in Athenian nomenclature continues well into the Classical period. There are literally hundreds of late examples of equine names. In his play The Clouds (423 B. C.), Aristophanes clearly and specifically addresses the deliberate use of some form of the word for horse in a personal name as an indicator of aristocratic pretensions and breeding. He paints thereby a telling picture of the tensions between aristocrat and commoner in democratic Athens. Strepsiades opens the play with a discussion of his marriage and the birth of his son, Pheidippides:

Curses on the go-between who made me marry your mother! I lived so happily in the country, a commonplace, everyday life, but a good and easy one-had not a trouble, not a care, was rich in bees, in sheep, and in olives. Then indeed I had to marry the niece of Megakles, the son of Megakles; I belonged to the country, she was from the town; she was a haughty, extravagant woman, a true Coesyra. On the nuptial day, when I lay beside her, I was reeking with the dregs of the wine-cup, of cheese, and of wool; she was redolent with essences, saffron, voluptuous kisses, the love of spending, of good cheer and wanton delights.

Later, when we had this boy, what was to be his name? It was the cause of much quarreling with my loving wife. She insisted on having some reference to a horse in his name, that he should be called Xanthippos, Charippos, or Kallippides. I wanted to name him Philonides after his grandfather. We disputed long and finally agreed on Pheidippides…. She used to fondle and coax him, saying, “Oh, what a joy it will be to me when you have grown up, to see you in your chariot driving your steeds toward the town.” And I would say to him, “When like your father, you will go, dressed in a skin, to fetch back your goats from Phelleus.” Alas! He never listened to me and his madness for horses has shattered my fortune.

This same class distinction, actually defined by horses, is found in a speech of Lysias. The defendant, claiming a cripple’s pension, must show that his use of a borrowed horse is necessary and not an expression of wealth or a claim to prestige: But the strongest proof, gentlemen, of the fact that I mount horses because of my misfortune and not from insolence, as this man alleges, is this: if I were a man of means, I should ride on a saddled mule, and would not mount other men’s horses. But in fact, as I am unable to acquire anything of the sort, I am compelled, now and again, to use other men’s horses.

Basic Guide to Buy Real Estate USA

As the world overall and especially the USA real estate was facing great lose due to economic recession. Although this recession is fading away slowly but it is good for real estate USA because now foreigners are taking interest and making their investment in the real estate market of the United States of America to grab opportunities for their real estate business and profits for their investment. As recovery from economic recession is slow, therefore, foreigners know that on sale real estate, USA is cheap and dollar is not so strong. Therefore, they prefer to buy their properties in the USA, so that after full recovery from economic recession they can get great benefits and profit for their investment. However many foreigner invest in the real estate USA without knowing its laws related to taxes and real estate due to which sometimes they have to face great difficulties. There are many factors, which are creating problems for foreigners during buying and selling of property.

Here are some of them, which any foreigner investor must keep in mind before he/she start his/her business in real estate USA. In the USA it is necessary to documents everything, which you purchase or sell. Even if you are transferring a single dollar, make sure that you have verified that from where this dollar came. When anyone transfers more than 10,000 US dollars, it reported immediately to federal authorities of the United States of America and when these authorities will come to you asking different questions, they will create problems for you. Therefore make sure that you have all legal documents through which you can prove that you have done this transaction legally and according to laws of the USA. In the United States of America, according to Money Laundering Control Act of 1986 and 2001 Patriot Act it is duty of all companies, banks, and brokers that they must report transfer of money, which is over 10,000 US dollars.

Therefore, make sure that you have backup documents like you source of income, you bank account statement, your taxes, which you have paid overseas, account statement of investment and in short, words you can say you have to keep a paper trail. Second important point for foreigners to invest in real estate USA is all cash or finance option. If you are buying any property there through all cash, it will be beneficial for you because you will get many benefits and discounts from sellers in different areas of the USA. Seller prefer to sell their property to those buyers who are dealing in all cash and if you have all cash option you can finalize your deal of real estate very quickly and easily. However, there are also some sellers of real estate USA who sell their properties on finance. If you want to buy on finance then make sure thatHealth Fitness Articles, you first meet anyone who knows very well about the real estate market of the Unites State of America and on finance base selling and purchasing. If you find it beneficial for your investment then you prefer buying through finance instead of all cash option.

Business Management Degree

The best way to learn and develop tools to solve sophisticated business problems, improving your insight into business, is to enroll for a Business Management degree. The best BSc Management courses focus on management science and systems science, providing structured approaches to problem solving that reflect the speed of change in modern day business.

Undergraduates will receive a firm grounding in key management areas such as economics and accounting, whilst being introduced to specialist subjects of business management and systems sciences.

By the end of a three-year business management degree students will have advanced knowledge and understanding of these systems, as well as vitally improved decision making – crucial in the business environment.

One of the most exciting cities in which to study business is London. London’s business schools not only boast some of the best academic teaching on the planet, they have an appropriate number of professional placements available, giving scholars a direct route from education to work.

Business management degrees provide a sound basis for a career in management consultancy, or in areas including finance, stock broking, marketing and IT. Indeed, employers of London’s Cass Business School include global companies such as Accenture, ABN AMRO Bank, Esso, Morgan Stanley and IBM.

A key part of a Cass Business School degree course is the opportunity to gain work experience for a leading organisation. Short-term internships and even year-long professional placements are available for all students including business management degree scholars. It is no surprise that many students go on to work full-time for their internship or placement employers after graduating, with London business students an impressively high standard.

Project Management Solutions To Better Control Your Business

Any business needs some management solutions to get organized and stay on the floating line. Unfortunately, many organizations are forced to rely on paper trails and email-chains. These outdated methods were replaced by newer project management solutions.

There are different types of such solutions for a wide range of working domains and for many kinds of needs. The access to accurate, real-time data regarding projects and resources is crucial to making strategic business decisions. Companies must keep up with the changes that impact the day-to-day running of their business. Managers are expected to deliver more than ever – but with fewer resources, within a shorter period of time and to produce maximum returns for the business.

Many times all this work gets externalized to other specialized entities. This covers either the use of project management tools or even more the delegation of entire work to management and consulting companies. In all cases appropriate methodologies and processes are necessary to be applied.

Project management solutions

In order to make the best decisions to support your organization’s long-term goals, you have to decide and choose the right management solution:

Resource management – if you have a resource oriented activity this is the solution on which you should insist on. In most cases it is strongly connected with work management software
Project portfolio – this type of solution is the most used in any domain. Any company has multiple projects that need to be managed
Issue tracking – best suited for software development companies
Task management – many small and medium organizations resort to this kind of solution; task management software is used mainly because of the ease of use, simplicity and light collaboration features

These are just some of the most encountered and known types. However as domains overlap a single type of product is not enough. This is why huge companies reached the need to use ERP (Enterprise Resource Planning) systems that incorporate all the above and much more beyond the project management area.

Project management methodologies and processes

The definition for terms like methodology and process and what it clearly represents is under debate and there is no unique agreement in the management domain. However they are successfully used and many management solutions try to map on a certain methodology.

Here is a list with the most used ones:

Traditional project management respecting the project’s five stages – initiation, planning, execution, monitoring and completion
The Critical Path Method
Critical Chain Project Management
Event Chain Methodology

Other newer methodologies, processes and frameworks more specific to the IT industry:

Agile
Six Sigma
Scrum
Extreme Programming (XP)
Crystal
Feature Driven Development (FDD)
Dynamic Systems Development (DSDM)
Adaptive Software Development
Rational Unified Process (RUP)
PRINCE2

5 Most Popular Types of Industrial Equipment

There are many forms of industrial equipment used in the workplace. Industrial equipment is usually large and made of materials such as steel and titanium for optimal strength. These machines are often needed to lift and move materials which may possibly weigh thousands of pounds.

A piece of industrial equipment which is not in working order should never be used for any reason. All equipment is inspected at the beginning of everyday to ensure they are in the best condition for workers.

By now, there are a million pieces of industrial equipment racing through your head but the question is, which ones are the most popular and most crucial to the industrial field? Below you will find five types of industrial equipment which are known to be the masters of all machines in the industrial workplace:

1. Bulldozers – Bulldozers are massive machines which are used mostly in the construction and mining industries. Bulldozers have the ability to lift and move vast amounts of dirt and other debris from one place to another. Bulldozers can operate in many conditions including snow, hail and rain. These pieces of equipment are generally used to dig up the ground and provide room for building houses or other types of buildings.

2. Cranes – Cranes are generally used to transport hard, heavy items from one place to another. The arm of the crane is used to swing the object from one place to another and the arm can be adjusted according to how far the materials need to go. Unlike bulldozers, cranes have the ability to transport objects over uneven levels of ground.

3. Excavators – Excavators are engineering vehicles which consist of backhoes and cabs. They are mainly used in the digging of trenches, foundations and holes. They can also be used to destroy objects which are no longer needed for any reason and in which case need to be compressed and condensed.

4. Fork Lifts – Forklifts are warehouse vehicles which are used to lift, hoist and transport extremely heavy items from one place to another. Forklifts are known to be indispensable pieces of equipment in many industrial workplaces.

5. Compressors – Most of the pieces of equipment listed above are used for construction purposes, however compressors are generally used in more of a factory-type setting. Compressors are used to provide high pressures of air or other forms of gases. These devices can be regulated in order to maintain the desired amount of pressure in the tank.

There are many other forms of industrial equipment. Each piece of equipment is designed to perform a specific task which contributes to the overall success in this field of work. Without these forms of equipment many industrial areas would not exist.

The Role of Managing General Agents

Managing General Agents (MGAs) are leaders of the wholesale insurance market place and function as an intermediary managing the relationships among policy holders, retail producers and the insurance carriers. These agents provide underwriting and administrative services and have the authority to accept and appoint placement from retail agents on behalf of the insurers they represent. Generally, MGAs market more unusual coverage, such as professional liability, for which a particular expertise is required. Insurers benefit from MGAs where such expertise is not available within the company and would be costly to develop.

The purpose of MGAs hired by insurance companies is to supervise their business in a particular territory and they are often referred to as wholesalers, but in no way do they compete with brokers and do not deal with customers directly. MGAs have a unique relationship with their carriers. Depending on the relationship, a MGA may perform tasks normally performed by an insurer; which include, handling claims, issuing policies, sub-contracting with independent agents, collecting premiums and negotiating commissions to name a few. As agents of the insurer, they perform the basic insurance functions for the carrier of underwriting and policy issuance.

According to the American Association of Managing General Agents, an MGA can be of used in any line of insurance and includes Insurers WHO COMPLETE are On "Admitted or not, direct or otherwise, broker or agent View system, contract / appoint or open-broker a sub-production, or any combination of these. " Typically, MGAs are utilized most in the excess and surplus lines insurance market, but are also found in the commercial and personal insurance market.

When thinking about how MGAs work, it's best to consider traditional insurance market access where it flows from the insurance company to the retail agent and finally to the insurance buyer. Now consider how the surplus lines market access flows. It works in much the same fashion with one major difference. The MGA acts as the intermediate between the insurer and the agent. In this way, market access flows from the insurance company, to the intermediary, the retail / out of state agent and finally to the buyer.

MGAs are generally entitled to a contingency commission on all business written within their territory. They take a percentage of the commission that would usually go to the producing insurance agent. Being an MGA means personal accountability as well as responsibility for producers. MGAs take on the significant costs involved in being a wholesaler and the investment needed to succeed.

Service Industry Lean Manufacturing – Implementation Guide

Non-manufacturing industries have not embraced lean manufacturing to the same extent as those producing a product. Some service industries have found the same principles apply, although the use of lean manufacturing tools is different.

For example, a value added analysis is just as easily conducted with a worker talking on the telephone as someone using one.

The 5S tool can be used to organize the surroundings in the telemarketing office. All materials the telemarketer uses should be organized and within reach without having leave the area. This 5S organization enables the telemarketer to continuously utilize any material in front of them as well as keep an eye on a computer.

The same SMED tools can be used with a administrative assistant as a machine operator. The process map and movement will show the waste in each. The assistant's travel shows the motion waste. The waiting waste is often huge in any white collar or service job. For example, the waste from waiting on a colleague, manager, supplier, or anyone else can be eliminated. There are ways to minimize it by removing the root cause as well as finding activities to fill the time. These activities should be of short duration, such as data entry, filing, or printing.

Line balancing is easy in a service environment. The key is flexibility. For example, two tellers at a bank may be required 6 out of 8 hours per day, but the trained lean expert or industrial engineer is required to notice it. The additional two hours of waste comes in buckets of 1-2 minutes throughout the day. Again, this time must be filled with value added activities in a standard work format. If the job is not standardized, the two individuals may absorb the time and appear 100% busy. There are many other instances where job combinations are obvious.

The value stream map is an excellent tool for service industries. Rather than the traditional macro level view of the system, the value stream map can be used in a department or area of ​​the business. An example would be the service desk at a department store. Begin with the information flow and trigger for activity, which might be a customer. Break the map into various segments showing the few activities that comprise 90% of the work, such as returned goods, request for information, or complaints. Standardized Operations should be utilized for returned goods to minimize motion and waiting, such as a decision flow diagram. If the manager is called a large percentage of the time, the decision flow diagram needs improved. Obviously the 5S and SMED tools are also relevant, as well as root cause problem solving to eliminate the complaints.

Service industries often use kanbans without knowing it, such as ordering supplies. The same pull systems can be used in service industries as the manufacturing sector. The supply distribution center is one obvious example. Inventory waste can be eliminated using pull systems beginning with the end downstream customer.
When implementing lean manufacturing in a service industry, it is important to tailor the training to the business. Most SMED (single minute exchange of die) training is developed using examples of setup activities for equipment. It is easier for people to understand and see the waste in their processes when the training has obvious applicability.

One of the best long term lean manufacturing tools to apply in a service industry is the kaizen event. Kaizen means "incremental improvement" in Japanese. The kaizen team is comprised of a cross functional team developed to quickly and substantially improve a business issue. For example, a kaizen might be developed to reduce hospital check in time for testing. The team might include the individuals conducting the check-in, a nurse, manager, an IT representative, and a couple customers. If the average check in time is 35 minutes (the elapsed time from walking into the building until seated in a private room), the kaizen objective might be to reduce the check in time to 20 minutes within 5 days.

Cellular manufacturing can be used in many service businesses. Rather than placing individual pieces of equipment such as the postage meter, copier, fax, and file drawer throughout the area for everyone to use (and wait on), consider placing these items together in a U shaped cell to minimize movement.

The "One Piece Flow" concept is a great tool for processing items such as quotes, bills, or mail pieces. For example, if four people must review a quote, and the first person processes 500 prior to moving to the second individual, and so on, the cycle time is going to be very long. Also, if the fourth person notices a mistake the other three missed, all 500 are bad and much labor was spent unnecessarily. Moving the piece in a flow of "one" or in small batches minimizes the error cost and reduces cycle time.

Service industries have a terrific opportunity to reduce waste. Sometimes it is simple and obvious, while other times it takes the same creativity as in the factory.

What Are Panchaloha Idols and How Are They Manufactured?

As one of the oldest religions in the world, Hinduism carries a broad set of traditions, rituals and worship. Hinduism in the real sense is a way of righteous living and professes the unity of worship and the concept of a formless divine. But these are abstract concepts for many and the best way to help relate is through images. Over time, this was how the concept of various 'Gods' and 'idol worship' was developed, giving the free choice of worship ultimately to the individual. In this regard, Panchaloha idols play a key role in this regard.

Silpa Shastra is an ancient Hindu text dealing with arts and crafts and contains various design rules and standards. All idols whether stone or of metal have to be sculpted and manufactured according to these rules and prescribed rituals have to be followed both during manufacture and installation in order to obtain the correct benefits. Panchaloha idols are traditional idols of Gods fashioned from an alloy of 5 metals (silver, gold, copper, zinc and iron). The percentages in which these metals are used in the alloy varies between different regions in India.

The idol manufacturing process involves 2 steps. The first is the construction of the mould and the second is the actual creation of the idol. Initially, an image of the deity is created in wax with all the details. This wax is prepared by mixing paraffin wax , resin from the tree Damara Orientalis, and ground nut oil. Since wax produced by this method is quite hard, softer bee's wax of high purity is mixed to make it easier to bring to life finer details.

To create a mould, the wax model is covered in layers of fresh clay and soil and then allowed to dry. Once the clay dries, it is heated to melt the wax and create a hollow mould. The melted Panchaloha metal alloy is then poured slowly into this mould to allow air bubbles to escape. This is then allowed to cool and solidify into the idol or deity. The cooling period varied between a few hours to a few days depending on the size of the statue and is judged based on experience. Finally, the craftsmen break the clay mold starting from the head of the statue to get the preliminary image. This image is then worked on to produce the final product.

The process has remained the same since the time of ancient dynasties like the Chera and the Chola and it is heartening to note that the art continues to thrive in various corners of India even today.

The Importance of a Balance Sheet

An individual has two primary tools for managing personal finances. The Personal Balance Sheet is ignored and the Budget is the darling of Financial Consultants and the media. The key to understanding personal finances is that you have to understand your Budget and Balance Sheet individually and also how they work in combination to give you a complete snapshot of your personal finances.

Your balance sheet is extremely important because it shows you where the gold is. It is your personal Fort Knox. It is also extremely important because you need to have a stash of gold in your personal financial picture. The gold in your Balance Sheet is not the Assets. They are the positive side of your Balance Sheet but the real picture of how much gold you have in your Fort Knox is your Net Worth. So just as important to your Balance sheet is your Liabilities. The total of your Liabilities is subtracted from the total of your Assets to give you your Net Worth.

You fill out your Balance Sheet and total up your Assets and Liabilities. You subtract the total of your Liabilities from your Assets. That number, your Net Worth will come out to either a negative amount, an amount of or near to zero, or it will be substantially positive. These are the only 3 scenarios possible.

• If your net worth is a minus number, you are not managing your financial resources properly. Your Balance sheet is your report card and you are failing. It is that simple. If you are managing your money to deal with life's challenges and planning your personal finances with your retirement in mind, your Net Worth should be positive and growing. If your Net Worth is positive, you can ride out financial storms like the current situation. At the time of your retirement, your Net Worth must be substantially positive so that you will be able to keep costs down and have investment income to replace your working income. During your working years, your Net Worth should be growing steadily because a retirement nest egg does not grow without years of nurturing.

• There are circumstances where it is acceptable to have a Net Worth of Zero or near Zero. The first is when you are just starting out. It just makes sense that it would be zero. You may have student loans but that is offset by some form of education that will allow you to make more money in the course of your lifetime. The key is that this is the best time to start building your net worth. It allows the principal of compounding value to work its magic on your assets for decades. That saves you a lot of work later in life. However, most of us are not that wise and we find ourselves in our 30s and 40s with little or no Net Worth. This means you have less time for compounding to work. So you have to work harder and especially manage your money smarter to prepare for the financial challenges you face going forward. The nice thing is that you have probably made some mistakes that have made you much wiser. You should be able to recover much faster than you would have in your undisciplined youth.

• If you have a positive net worth that means that you are building assets. Just as important is that you are controlling your debt. This is the key that has probably gotten you to this situation. The key to a positive Balance Sheet is that debt offsets the value of your assets when you look at your personal finances as a complete picture so your debt / equity ratio should be less than one and get smaller and smaller. Debt servicing saps cash flow on your budget that could be used to build assets that can be used to produce income in your retirement years. Clear title ownership of assets such as your home reduce cash draw and this is incredibly important as you approach retirement.

The financial crisis we are in now is described as a Balance Sheet crisis. We are in this crisis because nobody was paying attention to their Balance Sheets, not even at the towering heights of our financial infrastructure. The symptoms were everywhere. The while researching the I found That the top sites on the internet for Balance Sheet are On Those WHO COMPLETE want to sell you something so they 're That can gain access to any Assets on your balance sheet That Might be left after this disaster. Before the disaster, the only thing that had any importance was whether a potential buyer of anything could afford to make the payments on whatever he was buying assuming he made 120% of his stated income. The most outrageous symptom was that people would take appreciating home equity and borrow against it to buy depreciating assets and consumer goods. They overbooked their budgets and now they have gutted their balance sheet.

The resulting loss of home values ​​is the disaster we have now where people have either a zero or minus Net Worth. The other aspect is that we are now wiser. For the good of our society and our financial infrastructure we had better be. Going forward we must pay attention to our Balance Sheets and recognize that is where the gold is. You must save and protect your gold. Net Worth is where financial power is and that is the Importance of a Balance Sheet.