From the Great Depression, the oil crisis in the 70's through to Black Monday and the dot-com bubble. We explore the causes of recession and look at our current economic situation in 2009. Are there any benefits of being in a recession? Get all your recession survival tips here.
You would have to be living on Mars if you don’t know that we’re in the worst financial crisis in our lifetimes in America. If you find yourself worried about your business and what can happen next, you’re certainly not alone.
I ask what is going on here in the USA? I am not a financial genius and I could be wrong but this is the way I see it. First we bailed out the banks because they gave out too many bad loans. These people who are financial geniuses gave out loans to people who could not afford them, hoping things would get better and the people could pay their Bills. Basically what they did was gambling. Its like me going to Las Vegas betting over and over on red figuring it will come up eventually and when it never does and I lose all my Money. I then go and ask for all of it back plus more!
Economist Ian Fletcher, Provides Insight with New Book. Ian Fletcher has written a book that everyone in the government needs to read. The book addresses our poor trading practices that are helping to bankrupt this country.
In the guise of free trade politicians have signed into law agreements with other countries that give them advantages over [...]
Regardless of which way the markets are trending, there are people out there doing well for themselves as day traders. Even in the midst of a recession, those who have learned the ins and outs of the market manage to make a tidy sum in their successful stock trading activities.
Most people are quickly learning that buying real estate in this economy can be beneficial to their budget and finances. Renting can get pricey quickly, and it isn’t always feasible for some families to rent instead of purchase.
One the prime examples of where a mortgage is almost always cheaper than rent, is when you live [...]