When a recession hits, buying stops. This generally means that unnecessary purchases such as RVs, Fifth Wheels, boats and ATVs stop. People focus on more important commodities such as food. Attendance at movie theaters tends to rise during recessions as people seek an escape from daily life. Real life vacations and explorations get put on hold.This January when RV shows started reporting an increased number of attendance and sales, many took it...more
Undeniably it can be said that the economy is not what it used to be and wages have dropped. But monthly bills have remained the same or in some instances increased. With this, a cash shortage before payday has become a natural occurrence. There is a way to overcome this sudden cash crisis. Enter the payday loan. Payday loans can be a valuable tool to meet your financial urgencies.Payday loans can go by other terms such as cash...more
The never-ending stream of bad news that fills the radio, television and newspapers is enough to make any person find a closet and hide. For almost three years there have been reports of the declining economic standing in America. Unemployment rates have reached astronomical percentages and the promises of our new president are yet to be fulfilled. Step past that dark cloud and witness the positive changes that many Americans are embracing during this struggle. America was and will always be built on one idea – free enterprise. This is the idea that a person can start, own and succeed with their own business. It is easy to fall into the corporate world where risks are minimal and money is typically guaranteed, but the satisfaction may be lacking. During every economic depression that has occurred, millions of people have chosen to start and thrive with a new, innovative business that caters to the needs of their community. From low cost auto repair to discount furniture stores, there is a new idea for everyone. What is the most profitable idea for the current economic recession? Rental Real Estate. While home sales and prices are declining and more homes are...more
Taking A Look at South Koreas Economy: Strathclyde Associates - Korea is set to grow about 5% this year, faster than the Bank of Koreas December forecast of 4.6%.The central bank has lowered its 2010 forecast for consumer price inflation to 2.6% giving a signal to the market that the bank wont raise the benchmark interest rate in the first half of...more
A largely overlooked issue that may well be an underlying cause of our sluggish economy can be attributed to the millions of moneyless transactions going on everyday via the Internet, Max Davis founder of DataRevenue.Org elaborates;1. [market pricing = capitalism] Therefore what happens when media, information and knowledge are...more
The United States economy took a really hard knock on September 12, 2001. Many stocks crashed and consumers lost their once constant faith in various industries. Since September of 2001, many different industries in the United States have been hit very hard. One of the first industries to begin laying-off workers was the airline industry, which began in late 2001, and into early 2002. Following the airline industry into a downward spiral were the financial (including banking), automobile, housing (including real estate), and nowadays lawyers. According to a Plano Texas bankruptcy attorney, there are fewer people in the "Lone Star" state who have to file because the state is doing much better in terms of keeping jobs, since it is home to many industries that have not have been hit as hard as others. In fact, bankruptcy Plano is not as high compared to a majority of other cities throughout the nation. Below, we will take a look at the major catalyst for the decline in the individual markets and how it has affected the American people.1.Anyone in the airline industries were, of course, directly affected by the events of September 11, 2001. A majority of Americans chose to not fly...more
Brazils economic output dipped a tiny 0.2% in 2009 and is on course to grow by about 6% well above the 4.5% or so that many economists regard as the potential or noninflationary rate in 2010. Industrial production, retail sales, employment,...more
Irvine, California – July 26, 2010 – During episode number 158 of Jason Hartman's Creating Wealth Show, Joyce, mother of multi-millionaire Jason Hartman, speaks on her path to being financially independent. Jason reminisces playing...more
The latest announcement made by the US Fed and the impact of this on the value of the US dollar seems to suggest that the state of the economy is indeed affecting the value of the dollar. The latest Fed statement that it is prepared to...more
If you are a small business owner you have been worried about how your company will survive this recession. Well if you are still in business than more than likely you are doing a great job. If you own a business in the construction,...more
Being Street SmartSy HardingHas the U.S. Economy Improved in the Third Quarter? September 24, 2010.Economic growth in the second quarter slowed to an anemic 1.6% from 5.0% in the December quarter, and 3.7% in the first quarter.Hopes...more
Despite the fact that the real estate market in the United States of America in general has seemed to have stumbled quite a bit over the last couple of years, there has still been a relative amount of affluence that allows for the...more