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Lately, the recent recession has been on everyone’s minds. Credit suffered, more people became bankrupt, and many people lost their jobs. Today, according to reports, the economy is starting to recover. However, many skeptics still think this is a short stint. Some seem to believe that things are only getting worse.According to statistics from the Federal Reserve, things are starting to look up. Read on to find out.
Continue reading ‘Top 5 Reason Why The Economy is Recovering’ »
I am hearing these days more and more our politicians talking about how bad the USA Economy is and also they point out that the other world economies are in much worst shape. Is that right? Let’s take a look at the Japan Economy.
The only reason the BOJ is keeping the interest rate so low is to give a support to the US dollar. Japan’s economy is in fact in much better shape because the Japanesse Government is borrowing money from their citizens, only. Continue reading ‘Sound Money Versus Weak Money’ »
The “Third Quarter 2009: The Economy and Small Business,” states the U.S. economic recovery began in the third quarter of 2009 as real gross domestic product grew an annualized 3.5 percent.
But when it comes to small to medium sized businesses, they are still not out of the woods, and in order to survive many business owners have turned to strategies like invoice factoring. The SBA report says that public expenditures showed signs of growth, especially the first-time homebuyers’ credit and the “cash for clunkers” auto rebates programs. Real consumption rose at a 3.4 percent annual rate. A strong growth showed in real private fixed investment, real imports, as well as real exports. Perhaps this was due to the overall strengthening of the economy worldwide.
Highlights from this report mention the fact that manufacturing output rebounded and industrial production increased an annualized 11.7 percent. In addition, the U.S. unemployment rate rose to 9.8 percent in September 2009. Nonfarm payroll jobs that were lost since December 2007 are at 7.1 million. Continue reading ‘Invoice Factoring News – Small Business Association Report’ »
Day after day we are hearing about the economic crisis that is plaguing our nation. We know that we are not in the same situation like society was in the thirties, but none the less we are scared what the future holds. Many individuals are taking numerous precautions that range from cutting budgets to declaring bankruptcy. Is there an end in sight for this crisis? Or are we doomed to live from pay check to pay check without any luxuries at all?
Many small business owners are optimistic about our economy and feel this is just a temporary glitch in the overall scheme of things. As they say “This too shall pass.” Though many businesses are making cuts and some even folding, it is the small companies that are staying afloat and staying positive that things will eventually get better. These businesses are the ones that will prosper once the economy evens out and the crisis ends. Continue reading ‘Small Business in This Tough Economy’ »
The current state of the economy has left millions of Americans in financial hardship. We are carrying more debt than ever, interest rates are rising and jobs are disappearing. This has left millions of hard working, honest American families facing the choice of paying their creditors or putting food on the table. When faced with tough financial decisions, we must know all of our options to make the best decision possible.
1) Minimum Payments: One choice is to pay the minimum payments to your creditors for the next 20 to 30 years. Obviously this is or will be a problem for you if you are or are likely to fall behind in your payments. Making the minimum payments does not eliminate debt. The debt continues and depending upon the interest rate could increase over time. Bear in mind that the interest rate could be as high as 39 percent. Based upon the applicable interest rate your debt could even grow. At best, making minimum payments is like treading water and you are doing nothing to eliminate your debt. Continue reading ‘How Can I Settle My Debts?’ »
“Wag the Dog” is a euphemism for when a politician in trouble wages a war or does some other diversion to get the heat off his back. President Obama, it appears to me, is doing a “Wag the Mosque” as a smokescreen for a tanking deflation economy during his administration and to help his parties election chances in the November 2010 midterm elections. With only a couple months until the elections, they are in big trouble. Some pundits say the Democrat Party may loose control of both houses of congress.
Why else would President Obama suddenly take the moral high ground and come out in favor of building the Manhattan Muslim mosque so close to the site of the 9/11/2001 World Trade Towers ground zero attack? He knew 70% of New Yorkers are against building the 51 Park Avenue Islamic place of worship at that particular site. It is like rubbing salt in our wounds. Is a “Wag the Dog” war with Iran next?
Continue reading ‘President Obama Does “Wag The Mosque” in a Deflation Economy’ »