What Is Value Deflation? Value deflation, or shrinkflationoccurs when retailers and service providers cut their costs and sell smaller packages, give out smaller portions, or generally provide less for the same price…
Top 10 Illustrated Differences Between Wine Lovers and Connoisseurs
1. His vocabulary Amateur: when he tastes a wine, he tries to talk about it but he has no vocabulary: “It’s good, eh, it’s light, and a little fruity too…” Connoisseur: when…
Foreclosure Crisis Definition
What Was the Foreclosure Crisis? The foreclosure crisis was a period of drastically elevated property seizures in the U.S. housing market between 2007 and 2010. The foreclosure crisis was one aspect of…
Top 15 Funniest Neighborhood Vandalism These People Are Inventive
Graffiti on pubs, jokes in shops and even honest people rising up against oppression with permanent markers: can we really call it vandalism if it’s funny AND it helps people ? You…
Peter Westfall
Experience Peter H. Westfall is a distinguished professor of information systems and quantitative sciences at Texas Tech University. He has a PhD in statistics and 30+ years of teaching, research, writing, and…
Top 20 of the craziest photos of New York under the snow, the good powder
In recent days, in western New York State in the United States, the inhabitants have hit a devilish snowstorm (if you forgive me the expression), which has led them to find themselves…
Composite Index of Lagging Indicators Definition
What Is the Composite Index of Lagging Indicators? The Composite Index of Lagging Indicators is an index published monthly by the Conference Boardused to confirm and assess the direction of the economy’s…
Top 8 brands that stole design, fashion scrapings
Fashion is super cool, it’s rich people who decide when you should stop wearing the clothes you bought with the little money you have to buy new ones while yours were still…
Debt Bomb Definition
What Is a Debt Bomb? A debt bomb is a situation occurring when a major financial institution, such as a multinational bank, defaults on its obligations which, in turn, causes disruption not…