One of the things that you can do to to prepare for an unforeseen financial crisis is learn how to can and preserve your own food, and how to build a personal food bank to ride out tough times. If you're afraid of being labeled as "one of those people", ask yourself if you'd rather be one of those people who plan ahead and survive, or one of those who scoff and struggle later on.Surviving a Bad Economy By: Ed Corcoran About the...more
Owning a recruiting firm, I do know that the economy and subsequent hiring is picking up. People do have more opportunities than they did a year from today, though it is not best to speak about it sometimes. I know a lot of great sales and marketing people out of work and, in all honesty, the economy is still not good. I used to try and be an idealist and think that the media does not control our ideas and our actions, but they do. The...more
The environment was marked by a struggling US economy with continuing employment problems, a weak housing market and a burgeoning deficit, which could erode investor confidence. Bernake's position was position was sandwiched between stimulating the economy, while also satisfying congressmen on the tough political question of the fiscal deficit. The deficit has reached unmanageable proportions due to the fiscal stimulus provided by the government. However, the continuation of government spending is still necessary to keep the US economy on a recovery path and its withdrawal at this point of time could lead the US economy to slip back into recession.Given all these constraints, Bernake seems to have done his job well. His key move was to announce that the Fed would continue to hold interest rates close to zero for several months in order to provide easy liquidity for the economy to recover. He stated that in view of the sluggish economy, a weak housing market further constrained by a high unemployment rate required interest rates to be kept low for an extended period. Any move to increase interest rates at this point of time could prove to be harmful to the US economic recovery. On...more
During a rough economy, most people are believed to want to hold onto their wallets rather than spend. This is when budgets are watched, people spend less, and families participate in less extra curricular activities that cost money. As people become stressed about finances, they could turn to eating and food as a way to cope. In such down...more
The fine balancing act that the government does at this point to lubricate the economy on the one hand and to keep the fiscal health of the US on the other hand are key to determine the strength of the US dollar going ahead.Changes In the US Economy: Savings Overtake Consumer Spending By: Cedric Welsch About the Author Do you...more
In a series of referenda in 2003-5, Swiss citizens transformed their country forever, economically aligning it with the European Union and opening it up to work migration. It was an uncharacteristic response to increasingly worrisome times.In March...more
Some call it the "unofficial" or "informal" economy, others call it the "grey economy" but the old name fits it best: the "black economy". In the USA "black" means "profitable, healthy" and this is what the black economy is. Macedonia should count...more
On February 24, 2003, in the Islamic Financial Forum in Dubai, Brad Bourland, chief economist for the Saudi American Bank (SAMBA), breached the embarrassed silence that invariably enshrouds speakers in Middle Eastern get-togethers. He reminded the...more
Sliding Window- Another Way of Space Economy By: Sanjeev Kumar About the Author Fenesta is a leading home decoration service provider in India. Fenesta offers two ranges of sliding windows and sliding doors; Series 1500 and...more
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I wish you the best.Starting a Private Practice in a Tough Economy: 5 Suggestions By: Sherry Collier, LMFT About the Author Sherry Collier is a Licensed Marriage and Family Therapist who coaches individuals and groups about...more