This journal talks about the inflation decrease in 2014 in Brazil. It is difficult for to control the inflation for a country. It is because that control the inflation need to think about many different aspects. It can also become symbol of economic resurgence for Brazil. But the government also unhappy because it still higher than they expect.
I think it is a great progress to make the inflation decline. To define a fire index for people is a hard work, but the government of Brazil works well. They need to keep the people' purchasing power stay at a same level than before. Then they also need to find a solution to decline the inflation rate.
Work cite:
Paulo Trevisani.Brazil Central Banker Sees Inflation Falling in 2014. Wall street journal emergency market. Feb 18 2014. Feb 19 2014.
http://blogs.wsj.com/economics/2014/02/18/brazil-central-banker-sees-inflation-falling-in-2014/?mod=WSJBlog&mod=marketbeat
Wednesday, February 19, 2014
Tuesday, February 18, 2014
Free post #5
Student-debit increase might course some problems. In this journal, it points that the student-debit mainly focus on some students who has a bad credits. It might bring many debits pressure to bank and government. It is because that they might not repay a debit, and bank and government have not to help them. Therefore, the pressure of bank and government increase a lot. It is hard to avoid this problem.
In my opinion, the federal bank and government need to establish a specific rules for students-debit. They need to use laws to protect the student-debit and the debit. If too much finical pressure from student-debit, it will influence the whole economy structure of U.S.
WORK CITE:
Josh Mitchell.Student-Debt Rise Concentrated Among Those With Poor Credit. Wall Street Journal. Global. Feb 18.2014. Feb 18 2014.
http://blogs.wsj.com/economics/2014/02/18/student-debt-rise-concentrated-among-those-with-poor-credit/
In my opinion, the federal bank and government need to establish a specific rules for students-debit. They need to use laws to protect the student-debit and the debit. If too much finical pressure from student-debit, it will influence the whole economy structure of U.S.
WORK CITE:
Josh Mitchell.Student-Debt Rise Concentrated Among Those With Poor Credit. Wall Street Journal. Global. Feb 18.2014. Feb 18 2014.
http://blogs.wsj.com/economics/2014/02/18/student-debt-rise-concentrated-among-those-with-poor-credit/
Monday, February 17, 2014
Free post#4
In the article, it show that the number of employment increase.
In this point, I have my own idea. Employment rate in recent year decline is a good signal. But it still has many risk. Many people think they they get a long-term job, but he truth is that they just get a short-term job. It is also a reason for the number of employment increase.
Then the finical crisis still influence the rate of employment. If the economy recover, they will need a lots of labor. But the truth is that there are still has many labor force do not have jobs. It is not only some of them cannot find job, there are not enough job opportunity for them.
I also think that if want to solve this problem government need to analysis the problem actuarially. They need to use the monitory police to control the inflation and then control economy. Then they need to use the deflation police to recover the industrialization and sale volume. But the important thing is that they need to increase the real salary not nominal salary. As a result, they need to stimulate the index power of purchasing.
work cite:
Sarah Portlock.U.S. Jobless Claims Rose 8,000 Last Week. Wall street Journal. U.S. NEWS.
Feb 13.2014. cite Feb.17.2014
http://online.wsj.com/news/articles/SB10001424052702304888404579380643442690668?mod=WSJ_economy_LeftTopHighlights&mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702304888404579380643442690668.html%3Fmod%3DWSJ_economy_LeftTopHighlights
In this point, I have my own idea. Employment rate in recent year decline is a good signal. But it still has many risk. Many people think they they get a long-term job, but he truth is that they just get a short-term job. It is also a reason for the number of employment increase.
Then the finical crisis still influence the rate of employment. If the economy recover, they will need a lots of labor. But the truth is that there are still has many labor force do not have jobs. It is not only some of them cannot find job, there are not enough job opportunity for them.
I also think that if want to solve this problem government need to analysis the problem actuarially. They need to use the monitory police to control the inflation and then control economy. Then they need to use the deflation police to recover the industrialization and sale volume. But the important thing is that they need to increase the real salary not nominal salary. As a result, they need to stimulate the index power of purchasing.
work cite:
Sarah Portlock.U.S. Jobless Claims Rose 8,000 Last Week. Wall street Journal. U.S. NEWS.
Feb 13.2014. cite Feb.17.2014
http://online.wsj.com/news/articles/SB10001424052702304888404579380643442690668?mod=WSJ_economy_LeftTopHighlights&mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702304888404579380643442690668.html%3Fmod%3DWSJ_economy_LeftTopHighlights
Evaluating sources
This article comes from the wall street journal. This journal mainly talks about the total sales volume decline in January. I saw many economy scientists said the mail reason is the bad weather, but I have different ideas.
At first, it is true the the weather became a barrier for people to go out, But I don't think it is the main reason for the the sales volume decline. I think the influence of finical crisis still exist. The inflation is also exist. If the price of goods in market can be afford by people, and people might to choose buying outside. In this such bad weather, people need to buy some goods to prepare, but they don't. The reason is that they don't want to spend to much money.
Many people will say, the salary increase in recent years, and people have ability to afford the price of goods. It is true that the salary heard they higher than before. But it is just nominal salary, not real salary. Government will justify the salary according to the index of inflation, but there are also might has some mistakes. Then it will happened that people will get more money than before, but they still cannot afford the price of goods because the inflation. The salary of people need to suit the inflation of the goods.
Therefore, I think the economic scientists need to analysis the real problem and find a way to solve it.
work cites:
Growth Shows Signs of Slowdown. Wall Street Journal. U.S. News. Feb 14. 2014. Feb 17.2014http://online.wsj.com/news/articles/SB10001424052702304888404579380642249788068?mod=WSJ_economy_LeftTopHighlights&mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702304888404579380642249788068.html%3Fmod%3DWSJ_economy_LeftTopHighlights
At first, it is true the the weather became a barrier for people to go out, But I don't think it is the main reason for the the sales volume decline. I think the influence of finical crisis still exist. The inflation is also exist. If the price of goods in market can be afford by people, and people might to choose buying outside. In this such bad weather, people need to buy some goods to prepare, but they don't. The reason is that they don't want to spend to much money.
Many people will say, the salary increase in recent years, and people have ability to afford the price of goods. It is true that the salary heard they higher than before. But it is just nominal salary, not real salary. Government will justify the salary according to the index of inflation, but there are also might has some mistakes. Then it will happened that people will get more money than before, but they still cannot afford the price of goods because the inflation. The salary of people need to suit the inflation of the goods.
Therefore, I think the economic scientists need to analysis the real problem and find a way to solve it.
work cites:
Growth Shows Signs of Slowdown. Wall Street Journal. U.S. News. Feb 14. 2014. Feb 17.2014http://online.wsj.com/news/articles/SB10001424052702304888404579380642249788068?mod=WSJ_economy_LeftTopHighlights&mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702304888404579380642249788068.html%3Fmod%3DWSJ_economy_LeftTopHighlights
Tuesday, February 11, 2014
Code of ethics in Actuarial science
I think the actuary need to learn how to self-control. It is because that actuary works with too much money, if they cannot control themselves, they might be entice by money. They also need to keep faith to their company, and need to responsible for company. These code of ethics are also corresponds to my belief. I also think that be responsible for company means be responsible for ourselves. In university, I study the core course of actuarial science. I think only if I can study it very well, I can responsible for my future. Then, I think if I can control myself to pay attention to study anytime, it can practice my ability of self-control in the future when I work in company. At last, I also try to find a internship which can help me prepare in my field. I think it can be a good experiment for me and future.
Wednesday, February 5, 2014
Interview in actuarial science club in MSU
In the actuarial science club, we can talk about everything about actuarial science. We often talk about the course which we need to learn, and how to study this course, and to share the experience. The value of the club is that help all the students whose major is actuarial science and share experience. Helping people to know about the actuarial science and to let them know about the course they need to learn. this is the belief of the club, and it can also attract people to join it.
Tuesday, February 4, 2014
Free post#3
In the journal, it introduces the actuarial science in many aspects such as introduction,development, carrer,salary, and the course we need to learn. In this journal, it just list some key points. But it also includes many clearly datas which can help people to know about the actuarial science. We can learn know that actuarial science is a good major for the world. It can be used in many different aspects such as insurance and bank, but it also support many different risk from many aspects.
work cited
Ano Hewwit. Introduction to Actuarial science. High school Actuarial science. Dec 2010. Feb 4 2014
work cited
Ano Hewwit. Introduction to Actuarial science. High school Actuarial science. Dec 2010. Feb 4 2014
Sunday, February 2, 2014
Interview
I interviewed a professional leader in actuarial science who work insurance company in China. He just write some reports about the prediction of the future of company, and he also enjoy to draw up some plan about insurance. He said that when he write the prediction, he need to research many data which can be related about his report. He research many datas from recent years to analysis the trend of the profits of the company. Before he draw up some plans of the insurance, he research many resource about the average lifespan, and many laws about safe of people and property of people because his insurance company in China mainly work for the insurance for health of people and property of people. When I ask him how he write these works. He told me that first he need to understand why he need to write these. Then when he clarify what is his final goal, and he will find a main question which related to his final goal. Next he will divided this question into many different sub-questions which cause the big question. As a result, he will brainstorm to find many solution to solve these small sub-questions.
I think he use many ways which are similar to our ways talk about in class. He also need to brainstorm which is like ours. But there are also many differences. He never have title before he write, he need to think about the title and the main statement what he need to write by himself. But we always have title or some main information which can tell us what we should write. He never chase after some beautiful program, style and delivery in his writing. He just chase after wether he can make worker understand the information clearly. But we need to think about program, style and delivery in our essay. I think it might be the biggest difference between him and us.
I think he use many ways which are similar to our ways talk about in class. He also need to brainstorm which is like ours. But there are also many differences. He never have title before he write, he need to think about the title and the main statement what he need to write by himself. But we always have title or some main information which can tell us what we should write. He never chase after some beautiful program, style and delivery in his writing. He just chase after wether he can make worker understand the information clearly. But we need to think about program, style and delivery in our essay. I think it might be the biggest difference between him and us.
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