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From the beginning, the new America become an inspiration and attraction for all emigrants from the Old World. To become a millionaire was everyone's dream-the American dream. A new concept of the American millionaire has developed, where everyone can become a millionaire in the USA in a traditional way "from rags to riches" i.e., through thrift, creativity, innovation, entrepreneurship, hard work, frugality, self-sacrifice, dignity, and honor. Millionaires...
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The author lived under all 3 types of economies: planning (in the former Soviet Union), mixed (in Africa: Rwanda and Tanzania), and market (in the USA).
Why countries chose to have a Market, Planning, or Mixed economy? In reality, there in no one country in the world that has only a poor market economy, or poor mixed economy, or poor planning economy. Why? Please find answers in this story.
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What an experience it was! When an author went from renting an apartment to buying a house and living in it for 20 years. All money that was saved when renting, soon went in smock, engulfed by a house. Many factors are involved when considering buying. Beside money, one should consider some other factors that make people happy or unhappy when becoming a homeowner. It is easy to make a decision when analyzing all factors introduced in this story that...
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How to Calculate Interest Earned on Money-is an essential tool, or skill, to use every day in order to be money wise and be a powerful person. This story is teaches this tool, actually it gave a simple formula. The story is using real examples how to calculate earned interest in money accounts, in CDs, or how much a person pays interest in credit cards, or in home mortgages. Easily, readers can master this simple formula.
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There are 3 types of American capitalism: (1) Old capitalism which occurred from the 17th century-1940s, (2) New capitalism, from 1940s—1991, and (3) Global capitalism from 1991— present.
The story defines, explains, and analyzes all 3 types of American capitalism.
Today, almost all countries in the world (including Russia, China, and India) have the same type of capitalism — Global Capitalism.
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In my others stories on problem solving and how, to create innovations I introduced many, skills to readers. Here are another set of skills-how to solve external and internal problems. That is, the 1st, I classify a problem by asking: what type of problem is it? There are 2 types of problems: external and internal.
External problems (outside problems) are beyond my control.
Internal problems (inside problems) are under my control.
To visualize how...
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That was beginning of the 1970s when the author started her engineering career. Surprisingly, she was hired, but she was the 1st woman structural engineer in a company. Men engineers revolted, they thought that now their engineering career is going down-a woman is going to design a bridge.
The first 3-4 days the author was reading volumes of federal and state codes, requirements, and regulations. Then, a chief engineer called her to his office and,...
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Big scams in the USA that are destroying the American middle class, seniors, and the nation. Some of these scams are: dot-com; subprime mortgages; 0% interest rate; international disorder; higher education scam; private prison scams; sport and entertainment; tax scam; etc…
It is not by an accident that from the above scams in the last 20 years (1996-2016) over 6 million "new Wall Street millionaires" were created in the USA and over 400 billionaires....
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How did the USA survive and recover from the Great Depression of the 1930s? There were 3 factors responsible for it: (1) World War II; (2) Noble President Franklin D. Roosevelt, FDR; and (3) The struggles, and tribulations of that generation.
The story describes thee Great Depression, FDR's "New Deal," and input and sacrifices of the Great Generation.
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President Barack Obama's 2 New Doctrines: "World Disorder" and "National Disorder" are discussed in this story.
The Americans, disappointed with failing policies of President George W. Bush, elected new leader-President Barack Obama.
To fill in the wants, needs, and aspirations of Americans, Presidential Candidate Barack Obama appeared with his many idealistic promises and powerful slogans. He promised peace and prosperity to the people. But, once...
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The British were French old enemy. Not to fight the British on French soil, the French King was financing America Revolution in 1775-1783 by heavily taxing his subjects. Queen Marie Antoinette never looked "thru the window" to see how her people lived. Soon, the French people became impoverished and revolved. They started their own French Revolution in 1989. Revolutionaries executed the King and sent Marie Antoinette to guillotine.
More than 200...
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Sometimes I hear some disappointments, especially from younger people, that they have very few achievements, if any, in their lives. Often, they blame it on themselves, thinking that they are not smart enough, or took this particular job, or choose this profession, instead of a different one.
I always reason with them – otherwise. Do not put total blame on yourself. To reinforce my challenge I cite to them this particular story-Ability Is Nothing...
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What is engineering? Everything around us that are man-made and not by nature is- engineering. Engineers create national wealth and contribute to the development of civilization.
Their examples are starting from ancient engineering marvels: the pyramids of Egypt, the Acropolis and Parthenon in Greece, the Roman aqueducts and Coliseum, Mach Picchu, the Taj Mahal in India, the Great Wall of China, etc.
More recent great engineering projects are:...
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WHAT IS LIFE? WHAT IS HAPPINESS?
When attending a civil engineering university, the author lived an ordinary life of a college student. Fate interfered, ambushed her with life threatening events and monumental problems. Events transformed her from a shy, timid, low self-esteem young woman into a wise, knowledgeable risk taker, who believes in herself.
In this book, Alla P. Gakuba expertly outlines the importance of understanding who are you, where...
15) Why Couldn't the USA Recover from the Financial Crisis of September 2008? How Can the USA Recove
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For the USA to recover from today's financial crisis it needs a noble President and a decent, selfless, and nationalistic government who knows how to solve national problems.
Today the American middle class, that was a foundation of the nation, has disappeared.
The USA government bailed out Wall Street with $787 billion and put those unsustainable debts on the shoulders of already impoverished Americans. There is high unemployment, foreclosures,...
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The history is full of examples how some nations became great and contributed to the development of civilization-all because they built national wealth. In the last 20 years no national wealth was built in the USA. Why is the creation of national wealth so important? Some examples. Egyptians: pyramids; Greeks: the Acropolis and Parthenon; the Romans: aqueducts and Coliseum; Machu Picchu; Taj Mahal in India; the Great Wall of China; the Suez Canal...
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It is a common knowledge that everything, including people, have a life span. Except the nature and the earth, they have eternity, or endless life. That is: people have a life expectancy, man-made things around us have a life span. Than why this law does not applies to a real estate housing industry? Please find this answer in this story.
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From time to time a real estate housing is running amok. Home prices kept going 3-5-10 times sharply up, then spiraled down. Intoxicated buyers are keeping snapping houses and condos, regardless of price, as if only a sky is a limit. Then suddenly, without any warnings all buyers simultaneously stopped their buying sprees. The result is: real estate dropped into a dead zone. Prices plumed to the original level, or even lower (before the housing amok)...
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After African continent throughout colonial power, thousands of engineers, technicians from all over the world, and the Peace Corp volunteers from the United States, went to work in Africa to help them to build their countries independence.
During that time there were a lot of excitement and dreams were in the air. The author, a young and idealistic, went to Africa to design their superstructures. That time the population of Africa was 250 million....
20) When Capitalism Ran Amok and Brought the Capitalist Economy to the Brink of Collapse, Socialism W
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Unrestricted and unchecked American capitalism has run amok and 2 times brought the USA economy to the brink of collapse: "The Great Depression of the 1930s," and a Financial Crisis of 2008.
The 1st time capitalism ran amok was in the 1930s. It resulted in a national crisis called "The Great Depression of the 1930s," 1929–1939, that devastated the nation. Socialism was called to rescue the economy.
The 2nd time capitalism ran amok was in 2008,...
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