Economic Finance Assignment Example | Topics and Well Written Essays - 1000 words

Economic Finance - Assignment Example Theorists in this context often argued that the occurrence of East Asian crisis was the consequence of the fiscal irresponsibility performed by global institutions including the IMF, especially concerning its financial liberalization policy of the 1980s and the 1990s (Bustelo, â€Å"The East Asian Financial Crises: An Analytical Survey†). THESIS STATEMENT The following discussion hereunder intends to focus on the arguments made by Joseph E. Stiglitz on IMF intervention, which is often accounted as a key reason for the East Asian Financial crisis of the 1990s. Accordingly the discussion also includes the description of the other agendas laid by the IMF other than the promotion of stability and growth in the least developed countries of the world. HOW THE IMF INTERVENTION DID WORSEN THE EAST ASIAN FINANCIAL CRISIS OF THE LATE 1990s? According to Stiglitz, the IMF policies in respect to the gradual capital market and financial liberalization should be accounted as the most import ant reasons of the East Asian financial crisis in the year 1990 (89-91). Stiglitz further argues that the IMF was founded with an intention to deal with similar crisis situations, but it failed in preventing the East Asia Crisis of the 1990s rather worsening the crisis situation being emphasized to facilitate liberalization within the global economy. Such liberalization activities around the world contributed to currency speculations affecting the group of poorer and developing nations of the East Asian region (Stiglitz 91-95). Arguments by Stiglitz concentrates on the consequences of encouragement by the IMF, in support of the US Treasury, to promote capital market liberalization globally. As per the enacted policy measure of market liberalization, IMF credited the Asian markets with supply of capital in dollars as a measure to aid their sustenance in the currency exchange rates. Accordingly, the money was utilized by the countries to provide the various firms with dollars. These d ollars were again utilized by the firms in the repayment of loans obtained from the Western banks increasing currency speculation. Such a transition in the capital market led to high inflation rates in the East Asian countries. Additionally, in order to rectify this problem, IMF imposed higher rates of interest, taxes and cut offs on the government expenditures in the East Asian countries at the time when they were facing the negative consequences of high degree of indebtedness. As a consequence, many firms in the East Asian countries perished, thus worsening the crisis situation in the region (Stiglitz 104-113). According to Stiglitz, another the major fault of the IMF in worsening the crisis situation in the 1990s was its policy to support the attitude of a ‘bumbling restructuring’ (Stiglitz 113-118). Undoubtedly, restricting without proper planning inhibited the stable growth and reformation within the East Asian economies. Not only so, but according to Stiglitz, the restructuring increased the chaos within these economies, which were already suffering from increasing levels of unemployment along with deepening inflation rates and huge burden of indebtedness (113-118). Above the mentioned issues, Stiglitz also argued that the most serious fault of IMF in performing its responsibilities was its greater significance to corporate welfare rather than towards the development of the rudimental levels of the East Asian

Contemporary Art from the Middle East Essay Example | Topics and Well Written Essays - 500 words

Contemporary Art from the Middle East - Essay Example The essay "Contemporary Art from the Middle East" discovers the exhibition Illuminance: An Elevation of Mind. The exhibition will feature the work of 12 internationally acclaimed and emerging artists from Algeria, Egypt, Iran, Israel, Lebanon, Morocco, and Turkey. All of the artists create sculptures and installations that reach beyond traditionalism, appreciating the authentic beauty of the culture which is being depicted. The work that these Middle Eastern artists have done is an aesthetic and intellectual adventure that records a personal journey and cuts a unique cross-section through culture. The exhibition focuses on the method of tracing and mapping a complex history of identity often misunderstood or misrepresented in the West. The exhibition also provides a new perspective that situates their work in an engaging and active space. Each artwork presents itself through multiple viewpoints: a fusion of both past and present, as well as between East and West. Moreover, the exhibi tion will include works by local artists including Adel Abdessemed, Dian Al-Hadid, Afruz Amighi, Yael Kanarek, Naama Tsabar, and internationally recognized artists like Mounir Fatmi, Susan Hefuna, Younà ¨s Rahmoun, Marwan Rechmaoui, Gulay Semercioglu, Mehmet Ali Uysal and Penny Hes Yassour to name a few. Illuminance showcases a variety of exciting ways in which contemporary artists are expressing themselves in the nuances of sculpture and installation art, which also includes collaborative efforts and mixed-media pieces.

Finance 3301 questions Essay Example for Free

Finance 3301 questions Essay Broussard Skateboard’s sales are expected to increase by 15% from $8 million in 2012 to $9. 2 million in 2013. Its assets totaled $5 million at the end of 2012. Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2012, current liabilities were $1. 4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. The after-tax profit margin is forecasted to be 6%, and the forecasted payout ratio is 40%. Use the AFN equation to forecast Brous- sard’s additional funds needed for the coming year. Required increase in assets – Increase in spontaneous liabilities – Increase in retained earnings = AFN AFN=($5/$8)*$1. 2 – ($1. 4/$8)*$1. 2-$9. 2*6%*(1-40%)=0. 75 0. 21 – 0. 33=21% Chapter 10 Tony Company’s balance sheet shows $300 million in debt, $50 million in preferred stock, and $250 million in total common equity. Tony Company`s tax rate is 40%, rd =6%,rPS =5%,andrs =10%. If Tony Company get capital structure of 30% debt, 5% preferred stock, and 65% common stock, what is its WACC? Wd=30% ; Wps=5%; Ws=65% WACC=Wd*rd*(1-T)+Wps*rps+ws*rs=30%*6%(1-40%)+5%*5%+65%*10%=0. 0108+0. 000125+0. 065=7. 59% What kinds of the T-bonds is the best proxy for the risk-free rate is the yield on? Answer: A A, long-term B, short-term C, No one Chapter 11 A company creates value when the spread between EROIC and WACC is positive—that is, when Answer: B A, EROIC ? WACC = 0 B, EROIC ? WACC 0; C, EROIC ? WACC

Society in The Handmaid’s Tale by Margaret Atwood Essay -- Handmaids

â€Å"Atwood’s feminism is an integral part of her critical approach, just as her concept of criticism is inseparable from her creative work† Walter Pache (1). A dystopia is a fictional society, usually existing in a future time period, in which the condition of life is extremely difficult due to deprivation, oppression or terror. In most dystopian fiction, a corrupt government creates or sustains the poor quality of life, often conditioning the masses to believe the society is proper and just, even perfect. Most dystopian fiction takes place in the future but purposely incorporates contemporary social trends taken to horrendous extremes. The novel, ‘The Handmaid’s Tale’, by Margaret Atwood focuses on the choices made by those controlling the society of Gilead in which increasing the population and preservation of mankind is the main objective, instead of freedom or happiness. The society has undergone many physical changes that have extreme psychological consequences. I believe Atwood sees Gilead as the result of attitudes and events in the early 1980s, which have spiralled out of control. ‘The Handmaid’s Tale’ reflects Atwood’s views and critiques on civilisation. In an interview with Gabriele Metzler Atwood says, â€Å"There is nothing in the book that hasn’t already happened. All things described in the book people have already done to each other†(2). Throughout ‘The Handmaid’s Tale’ Offred is constantly conscious of her life before Gilead. This is reflected in the sections of the book headed â€Å"Night†. Offred often refers back to her life with her daughter and Luke, â€Å"Luke was in the living room. He put his arms around me. We were both feeling miserable. How were we to know we were happy, even then? Becaus... ...e extreme, she managed to visualise a dystopian world, which suppressed people’s freedom of choice. â€Å"Atwood is known as an outspoken defender of humanitarian values, an able and active advocate for woman’s rights and for freedom of speech† Nathalie Cooke (6). Therefore I do believe that Atwood’s novel ‘The Handmaid’s Tale’ offers a very strong critique of American society in the 1980s. Bibliography (1) Walter Pache: â€Å"A Certain Frivolity†: Margaret Atwood’s Literary Criticism (2) Gabriele Metzler: â€Å"Creativity†: An Interview with Margaret Atwood (3) Bernard Richards: Margaret Atwood (4) Gabriele Metzler: â€Å"Creativity†: An Interview with Margaret Atwood (5) Lorna Irvine: â€Å"Recycling Culture: Kitsch, Camp and Trash†: Margaret Atwood’s Fiction (6) Nathalie Cooke: â€Å"Lions, Tigers and Pussycats†: Margaret Atwood (Auto) Biographically

Symbol Of America :: essays research papers

The thing that I see that represents America is Independence Hall in Philadelphia, Pennsylvania. There have been numerous historical events that have been the basis for the forming of the United States of America that took place inside Independence Hall. Basically, everything that happened during the time of the Thirteen Colonies and a period of time after the Revolutionary War that involved political affairs, all took place in Independence Hall. This place was pretty much the earlier version of the United States Congress back in the late 1700’s and early 1800’s. Independence Hall, a historic monument of the United States of America, was where the U.S. first began to form from where the Continental Congress met to the place where the Declaration of Independence and the United States Constitution was signed to build it’s way to become one great nation.   Ã‚  Ã‚  Ã‚  Ã‚  First of all, Independence Hall was where the Continental Congress held all their congregations that eventually led way to the independence of the United States. The Continental Congress was where all the forefathers of America from George Washington, Thomas Jefferson, Benjamin Franklin, John Adams, John Hancock, and many others all decided to free America from British rule. And where else did this take place than at the site of Independence Hall, but after the Declaration of Independence was signed and a bloody war called the Revolutionary War was fought.   Ã‚  Ã‚  Ã‚  Ã‚  Both the Declaration of Independence and the United States Constitution were signed in Independence Hall. The Declaration was just a little document that brought the birth of a â€Å"new, free nation.† The beginning of the United States was on July 4, 1776 at the signing of the Declaration where all the forefathers of America risked their lives as patriots to get rid of an â€Å"evil† tyrant ruling from far away across the ocean, and to create a democracy that they could believe in. One more thing was that the United States Constitution was signed after the Revolutionary War to bring deserving and fair rights to every American citizen. Freedom and rights were achieved by these historic documents after they were signed to bring in a new country that has lasted for centuries and for centuries to come.   Ã‚  Ã‚  Ã‚  Ã‚  What other thing represents America better than the place of Independence Hall where America was actually born? There were many things that can also be seen as the symbol for America from such things as the President of the United States, to freedom, to the â€Å"American Dream†/ â€Å"the almighty dollar,† and so on.

Oppressed Caribbean Culture Essay

Caribbean culture, in so far as it is conceded to exist, is at once the cause, occasion, and result of evolved and evolving paradoxes. The psychic inheritance of dynamic response to disparate elements interacting to find ideal, form, and purpose within set geographical boundaries over time could not have produced otherwise. The 1990s have witnessed no less of this, precisely because the decade serves to encapsulate contradictions in human development over the past half a millennium. The entire Caribbean, and indeed all of the modern Americas of which the Caribbean, like the United States, is only one part, are the creatures of the awesome process of cross-fertilization following on the encounters between the old civilizations of Europe, Africa, and Asia on foreign soil and they, in turn, with the old Amerindian civilizations developed on American soil long before Christopher Columbus set foot on it. It is a development that has helped to shape the history and modern condition of the world for some half a millennium and one that has resulted in distinctive culture-spheres in the Western hemisphere, each claiming its own inner logic and consistency. The Caribbean, at the core of which are a number of island nations, themselves in sub-regional groupings, is conscious of the dynamics of its development. For it rests firmly on the agonizing and challenging process actualized in simultaneous acts of negating and affirming, demolishing and constructing, rejecting and reshaping. Nowhere is this more evident that in the creative arts, themselves a strong index of a people’s cultural distinctiveness and identity. Admittedly, other indices of culture such as linguistic communication, which underpins the oral and indigenous scribal literatures of the region, religion, and kinship patterns, reveal the texture and internal diversity that are the result of cross-fertilization of differing elements. The result is an emerging lifestyle, worldview, and a nascent ontology and epistemology that all speak to Caribbean historical experience and existential reality, in some cases struggling to gain currency and legitimacy worldwide (and even among some of its own people) for being native-born and nativebred. For this is the original meaning of â€Å"Creole. † Whites born in the American colonies were regarded as â€Å"creoles† by their metropolitan cousins. And the Jamaican-born slaves were similarly differentiated from their â€Å"salt-water Negro† colleagues freshly brought in from West Africa. The term was soon to be hijacked by or attributed to the mulatto (half-caste) who defiantly claimed certified rootedness in the colonies–a status not as easily claimed by the person of African or European descent whose ancestry lay elsewhere, it was felt, other than in the Caribbean or the Americas. An understanding of the shared human thirst for freedom in terms of its cultural significance is critical. For the impulses that drive the Caribbean people (like people anywhere) to freedom within nation states, to the right to choose their own friends and political systems, and to independent paths to development are the same impulses that drive them to the creation of their own music, their own languages and literature, their own gods and religious belief-systems, their own kinship patterns, modes of socialization, and self-perceptions. All plans made for them from outside must take this fact into account, whatever may be the dictates of military and strategic interests or the statistical logic of tabulated growth rates and gross national products. The Caribbean people, faced as they are with the post-colonial imperative of shaping civil society and building nations, expect to be taken seriously in terms of their proven capacities to act creatively in coordinated social interaction over centuries in the Americas. They feel passionately that their history and experience are worthy of theory and explanation and expect others to understand and appreciate this fact. They are unique, paradoxically because they are like everybody else. The Caribbean has been engaged in freedom struggles and its inhabitants have been at the job of creating their own languages, and designing their own appropriate lifestyles for as long as and, in some cases, longer than most parts of what became the United States. Recognition of this and the according of the status due such achievement is a prized wish of all Caribbean people–Black, White, Mestizo, Indian (indigenous and transplanted), Chinese, and Lebanese. By general critical consent, the principal women writers in English to emerge, so far, from the Caribbean are the properly varied trio of Jamaica Kincaid (Elaine Potter Richardson) and Jean Rhys. I say â€Å"properly varied† because the immensely mixed political and social history of the Caribbean is reflected by and in its writers. Kincaid, the most experimental of the three, is seen by her admirers as a deliberate subverted of Dead White European Male modes of narrative. Yet any reader deeply immersed in Western literature will recognize that prose poetry, Kincaid’s medium, always has been one of the staples of literary fantasy or mythological romance, including much of what we call â€Å"children’s literature. † Centering almost always upon the mother-daughter relationship, Kincaid returns us inevitably to perspectives familiar from our experience of the fantasy narratives of childhood. Kincaid genuinely expresses her regard to Caribbean as those that have been â€Å"creolized† into indigenous form and purpose distinctively different from the original elements from which those expressions first sprang. With some of those original elements, especially those from a European source, themselves reinforcing their claims on the region, whether through politics, economic control, or cultural penetration, the Caribbean is becoming even more conscious not only of its own unique expressions but also of the dynamism and nature of the process underlying these expressions. These in turn constitute the basis for the claims made for a Caribbean identity. Jean Rhys, of Creole Dominican descent, is a formidable contrast to Marshall and seems to me the major figure to emerge thus far among Caribbean women writers. Though she lived mostly in Paris and England, the imagination of Rhys came fully alive in her novel of 1966, Wide Sargasso Sea, a remarkable retelling of Charlotte Bronte’s Jane Eyre from the perspective of Bertha Mason, Rochester’s mad first wife. The terrifying predicament of the 19th-century Creole women of the West Indies, regarded as â€Å"white niggers† by colonialists and as European oppressors by blacks, is presented by Rhys with unforgettable poignancy and force. Shrewdly exploiting the modernist formal originalities of her mentor, Ford Maddox Ford, Rhys achieved a near masterpiece in Wide Sargasso Sea. Allusive, parodistic, and intensely wrought, the novel remains the most successful prose fiction in English to emerge from the Caribbean matrix. In Wide Sargasso Sea, the starting point is this placelessness. Although Rhys’s novel starts with Antoinette’s childhood in Coulibri, its boundaries lie outside the novel in another woman’s text. In Jane Eyre we have the madwoman Bertha locked up in the attic of Thornfield Hall. The significant title â€Å"Wide Sargasso Sea† refers to the dangers of the sea voyage. Rochester first crosses the Atlantic alone to a place which threatens to destroy him, then once more, bringing his new wife to England. Both Rochester and Antoinette are transformed through this passage. Rochester gives Antoinette a new name, Bertha, and in England she finally is locked up as mad. Rhys finds her own place in Jane Eyre, â€Å"a prisoner of another’s desire. † She sets out to describe that place and, in doing that, she redefines it as her own. In her challenge to Jane Eyre, Rhys draws on the collective experience of black people as sought out, uprooted, and transported across the Middle Passage and finally locked up and brutally exploited for economic gain. She uses this experience and the black forms of resistance as modes through which the madwoman in Jane Eyre is recreated. In the film version Wide Sargasso Sea develops stereotypes of Black West Indians that strongly mirror Bogle’s discussion of classic film depictions of African Americans. The inner stereotype in the film is that of the â€Å"tragic mulatto† which, the film hints, describes Angelique, the evidently White child who has been raised by Blacks. Although Angelique insists on her â€Å"Whiteness,† a menacing dark skinned stranger claims at diverse points in the film to be her brother through her father’s relationship with a slave. The viewer is left to consider whether the widowed plantation owner seen at the beginning of the film is actually Angelique’s mother. While it does not answer this question directly, it obviously shows through Angelique’s actions that her culture is far more African than European. These suspicions, actions, and Angelique’s reliance on the ex-slave Christophine ultimately destroy her marriage and drive her insane. Christophine, herself, fulfills the â€Å"mammy† role since the film portrays her as a constant presence who fiercely guards Angelique from all dangers. In the West Indian context, though, she is given a twist, as she is not only guardian angel but also a practitioner of the magical art of â€Å"obeah. † This portrayal — a staple of films dealing with the West Indies — is never completely developed. Nevertheless, the film permits us to witness its potency, as Angelique, despairing of keeping her husband’s love, calls on Christophine to develop a magical potion to bind his affections to hers. One opponent for those affections is Emily, a young Black servant who might well be characterized as a female â€Å"Black buck† — a sexual predator who seduces a married White man into interracial unfaithfulness. Finally, there is Nelson, the long-suffering head of the household who intimately approximates Bogle’s â€Å"Tom. In the film, insults of various sorts that are directed towards him result only in silence and a determination to remain a faithful servant. Though, in Dominican novelist Jean Rhys Wide Sargasso Sea (1966), the island’s riotous vegetation and dramatic landscape are depicted with an ominous intensity that prompts the protagonist’s English husband to equate it with evil. Lally, the narrator of another Dominican classic, Phyllis Shand Allfrey The Orchid House ( 1953), faced with the menacing power the island’s nature exerts over Stella and Andrew, ruefully concludes that the island offered nothing but beauty and disease. Rhys’s protagonists, most evidently Antoinette in Wide Sargasso Sea, share a view of England as deadening, grey and emotionally destructive. England is a place of hypocrites, and the English have a ‘bloody, bloody sense of humour’. With a West Indian accent, she goes on, ‘and stupid, lord, lord’ (Wide Sargasso Sea: 134). But it remains Rhys’s place, the source of those English books which provided an early contribution to her construction of herself as writer. The idea of definitive national origin and affiliation is a source of anxiety for Rhys’s protagonists. For Rhys herself nationality was complicated by her exile and her race: also England did not value her Caribbean origins. For Rhys’s women, as perhaps for herself, England is also a place where human emotions, especially those associated with sexuality, are outlawed or repressed; she described sex in a letter of 1949 as a ‘strange Anglo-Saxon word’ (Abalos, David T. 1998, 66). Hemond Brown comments that Rhys’s attitude to England remained remarkably consistent over her whole writing career: ‘For those fifty-odd years, England meant to her everything she despised’ (Bandon, Alexandra. 1995). But despite this, she surely demonstrated in her characterisation of working-class English chorus girls and call girls and Rochester (perhaps informed by her important attachments to Lancelot Grey, Hugh Smith, Leslie Tilden Smith and Max Hamer, all upper- or middle-class Englishmen), that the poor Englishwoman and even the colonizing, socially secure Englishman have their own areas of serious emotional damage. She may have blown off steam sometimes, but in her fiction she took pains to be fair to the country which had both given her sustained literary identity and denied her dignity. In the Caribbean, complex racial narratives are the most powerful signifiers, although class increasingly reverberates now. In England, in Rhys’s lifetime, it was the class narrative which primarily constructed identity, though Rhys clearly writes the importance of race as a formative self-construction from her Dominican childhood. She sometimes sees race and class as equally important even in England, as in the case of Selina, who carries Rhys’s own outlaw status during an important period of her life. In the two explicitly Caribbean novels, Voyage in the Dark and Wide Sargasso Sea, race is evidently a major source of identity. Jean Rhys had long described the cultural dialectic of his region’s historical experience and contemporary reality in the following way: â€Å"But the tribe in bondage learned to fortify itself by cunning assimilation of the religion of the Old World. What seemed to be surrender was redemption. What seemed the loss of tradition was its renewal. What seemed the death of faith was its rebirth†. Caribbean existential reality is here portrayed as a creature of paradox. Surface appearances may well be masks for their opposites. What one sees is not likely to be what one gets. Other similar manuscript was in â€Å"Goodbye Mother† by Reinaldo Arenas, the grief inundated daughters Ofelia, Otilia, Odilia and Onelia kill themselves in front of their dead mum just for their cadavers to occasion a series of triumphant choruses from the legion of rats and maggots who feast on the putrefactory banquet. Neither of these authors, nor the evenly talented Rene Depestre and the former Dominican President Juan Bosch, is Anglophonic. It’s usually believed that the most excellent Caribbean literature in English consists of chronological polemics On the other hand Cristina Garcia novel â€Å"Dreaming In Cuban† tells the stories of the women of a Cuban family, scattered by revolution but still connected through a shared past. The narrative is polyphony of several voices who, in turn, describe their world from their viewpoint. Characters include Lourdes, an anti-Castro exile who runs a chain of â€Å"Yankee Doodle Bakeries,† and Felicia, whose perceptions connect and blur the lines between insanity and santeria. Pillar, Lourdes’s daughter and an aspiring punk artist, is determined to return to Cuba to reconnect with her grandmother and make her present life meaningful. She laments that history does not tell the important stories and longs to recover Cuba for herself: â€Å"[T]here’s only imagination where our history should be† (138). In the title of Dreaming in Cuban, â€Å"Dreaming† includes all the diverse dreams of Garcia’s female protagonists about the nature of being Cuban, what it is to be Cuban, to dream, not in American, but in Cuban. This necessitates Garcia’s taking into account all the conflicting elements of contemporary Cuban-ness for Cuban and Cuban American women. Amazingly, she never invalidates or disputes the diverse and conflicting perspectives of these different dreamers. She succeeds by giving readers a complexity of experience beyond binaries, where many diverse and conflicting perspectives circle around one another endlessly. These differences are constructed by differences in the various ideologies that the characters embrace communism, capitalism, traditional gender relations, voodoo, and feminism–and also by differences in their experiences due to varying historical locations in time and place.

Cause and Effect Essay Essay

About 70% of the couples who get married take the decision of getting divorce. Divorce is one of the most serious social problems in the modern world. It has become very common recently, and it affects all levels of society. In the past, divorce was quite rare. Today, however, a majority of marriages break up in the first few years. When involved in a divorce lack of communication, infidelity, and financial problems are the causes to provoke a couple to split apart and take their lives into different path. To begin with one significant cause that leads to a divorce is lack of communication. Many couples stop communicating with each other because each one is busy doing their own things in life whether it is work, hobbies, raising children, activities, among other things. A lot of couples have different job schedules not allowing them to see each other most of the day. When they finally get to see each other is at night and unfortunately they are both tired and they just go to sleep. Since the time that they live together is not enough, the couples find it hard to find time to communicate with each other due to having a busy life and for lack of energy. Also, many married people have poor communication because they do not know how to express their feelings to their partner. Marriage cannot be a successful relationship if either one does not discuss about his/her emotions or issues, and expects their partner to guess what the whole problem is about. Finally, most couples just do actions i nstead of using words. Married couples think that they do not need to express their love for each other verbally and that only providing for the house is sufficient to know that they care and love each other. Many people think that because they provide things from the home like food, pay bills, take care of the house, etc. they do not have any other problems and they live with happiness. Unfortunately, it just makes the couple weaker ending in a divorce. Its quite clear that the less communication that is used in a marriage, the more higher divorce rates. Furthermore, infidelity in a marriage can be devastating, and most of the time leads to divorce. Boredom in a relationship is not a good idea if couples want a successful marriage. Partners who do not challenge each other with enough excitement to keep the relationship interesting cheat. The desire for self-expansion can lead a husband or wife to be aware of opportunities outside of the marriage, opening the door to infidelity. Spouses do not communicate their desires for growth, and they feel the need to cheat. In addition, many couples can cheat using social networks such as Facebook, Twitter, Myspace etc. Social network is one of the most common causes of infidelity in married couples. Today, everyone can have a computer or phone that they can access to internet making it way easier to meet new people. Many couples have many jealously problems when they found out that their spouse has being talking or going out on dates with different women/men. Most married couples cannot forgive their spouse of infidelity, leading to an unfortunate divorce. Lastly, multiple sex partners before marriage can lead to infidelity. Many people when they get married think that they will change and stay with just one sex partner, but the truth is that they find it really hard to keep their promise. This can lead to a sense of loss, betrayal, unwelcome memories and other problems. These can affect a marriage later on. After a couple of months they feel satisfied with their spouse, but when the time keep passing they cannot be with just one person, and there is when infidelity takes place in a relationship. After infidelity most or all the trust is lost; not having any other option then the divorce in marriages. Finally, a cause of divorce are financial issues. Money or aspects related to it are of course a possible cause of disagreement between couples. For example, couples that live paycheck to paycheck deal with stress from the pressure of making enough money to survive and provide the family with necessities. If the bills get behind it could start an argument between the two and that on top of being behind with bills can be overwhelming causing more stress, which leads to an unhealthy relationship. For instance, many married couples go into debt. Many couples when they do not have money to pay something tend to use credit cards, but many people end abusing them. They say I will buy it now and I will pay it later. Unfortunately, bills do not stop from coming and when people less expect it they cannot get out of debt. This situation builds up stress between the couples not knowing how to get out of it, and just blaming each other without finding a solution. Finally, gender differences of how they see their financial problems can cause a divorce. For most males when it comes to money is to provide for their family. They like to carry this burden. For most females, their need is to make sure the family is provided for. Problems starts to show when the husband might work longer to provide, but the wife thinks his work is his top priority over family. The husband sees it just the opposite. For some husbands, just because they are working hard, it doesn’t mean they love their jobs more than their families. Obviously, too much work can cause the relationship to suffer. Economic problems can cause a disaster in a marriage, not having other option for the couples then the divorce. Clearly, divorce is a serious issue that can happen to anyone due to cheating, economic problems, and poor communication. Before taking the big step of marriage every couple has to think about all the things that imply being married. Couples should consider living in free union for a short time before getting married, by doing this, you can meet your partner well before making an important decision that can have a huge impact on every couple’s life. The cause of divorce are lamentable and all couples should try to consider them if they want to have a healthy and successful relationship and avoid falling during marriage.