Follow this link: https://apps.irs.gov/app/understandingTaxes/student/index.jsp
Go into the website, look over themes and selections and do the first theme and first 3 lessons.
Economics 12 – Understanding taxes
Follow this link: https://apps.irs.gov/app/understandingTaxes/student/index.jsp
Go into the website, look over themes and selections and do the first theme and first 3 lessons.
Welcome to Mr. Sha's Class! 
youtube video
This video is explain the meaning of housing bubbles.It’s People buy more houses to sell then make money ,But failed to achieve.For example,The Japan housing bubble of the 1990s was due to extremely low bank loans and interest rates ,then they all go buying house investment.Thus the housing price go up,So the government raised interest rates.they actually push up the price of houses by increasing the demand. Housing bubbles can cause lots of problems in the economy.If people can’t repay,then will happen a financial crisis This video only 3 mins but give many supporting points and give you a clearer overview.
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movie:after the movie
I can’t believe the famous movie is. The acting is phenomenal and the screenplay is amazing. This is also based on a true story movie should be. The Big Short is about four people after insight into the American mortgage market, they short the housing market in their way. then These shrewd and skillful men make a big money by taking full advantage of the impending economic collapse in America. short housing market just like a gamble that bet house prices will fall, then buys the houses in advance, wait for prices fall to earn the difference. It keeps the typical Hollywood fluff and then amends it. so that’s why I love this movie from start to finish. But to be honest, most of the financial terminology is over my head, it’s very difficult to understand the plot. But it’s not a big deal, just spend more time to learn that.
book:Money Ball
this is a fascinating story about the book is about a guy who is using some econometrics to predict which players will do better in advancing wins. the protagonist Billy Beane uses statistical analysis to list a huge amount of econometric research on baseball players. In the end, he put together a team with the best statistics. Billy Beane uses data analysis got amazing achievements. this book is not like other traditional economic books, a beginner like me can understand that, and also the plot turns on an interesting story. This is an interesting and informative economics book I have been looking for. So I would recommend it to my friends.
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online business news–US and China trade war
The world’s two largest economies countries are in a bitter trade battle.two countries had agreed to a partial trade deal after an 18-month trade war, both sides get billions of dollars of tariffs on each other’s imports.in the beginning, the US accuses China have unfair trading practices, and also wants China to buy more US goods to offset the difference between how much the US imports from China and how much it exports. the US imposed 10% duties on $200bn worth of Chinese products including fish, handbags, clothing, and footwear. and now increased to 25%. China had responded by imposing a retaliatory tariff on US goods valued at $110 billion. it seems like the US is trying to stop China’s rise as a global economic power.and want more Chinese to buy American products. It’s like the US often does to suppress other countries. And the Impact of a Global Trade War on the Economy is they could increase the serious global recession in the years to come, also lead to the raise of tariffs and economic growth being slower.
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