Is UK’s Unemployment Market on the Road to Recovery?
The UK government released its latest figures for the employment market in the UK. The unemployment in the UK is now at 7.7%, a reduction of 0.3% over the previous quarter.Industrialization and Economic Development
Industrialization is the process of manufacturing consumer goods and capital goods and of creating social overhead capital in order to provide goods and services to both individuals and businesses. As such industrialization plays a major role in the economic development of LDCs (Less Developed Country).Private Sector Will Need to Create Jobs
You can’t have it both ways. You take away the incentives to hiring and expect people to hire.Raising Interest Rates Is the Quickest Way to Move the Economy Forward
Everyone can bury their head in the sand, but these people should be penalized to clinging to delusions. But these days, banks do not feel the pinch.Hey Buddy, Can You Spare A Job?
Of all the economic woes that face an individual or family, few rise to the emotional swing inherent with the loss of a job, or on the positive side, the offer of a job. In my thirty-five years of working, I have felt both that brutal sting and that elation.Is the Federal Reserve a Big Ponzi Scheme?
One of the most critical topics that so few Americans understand is the topic of how money really works. Amazingly, the important history of money and wealth acquisition is not taught in school. It’s a subject that’s only really ever been understood by the rich, hence why 1% of the worlds population makes 90% of the money. It’s such a disproportional statistic but it’s a fact.High Oil Prices
Most places I go, the conversation somehow moves to oil prices. Before Obama was elected, it was not uncommon to hear, “It’s Bush’s relationship with oil companies and Halliburton – that’s why oil prices are high.” In the 1970’s it was, “Nixon took us off the gold standard and we’re going to have sky high inflation.Is Your Money Safe in the New Economy?
It’s happening as we speak. Millions of Americans are losing their jobs and retirement funds. Many have already noticed a drop of 30-40% in their stock portfolios, too. This should be a serious wake-up call for everyone. There are even more big changes coming and it’s good to be prepared. A select few have actually been profiting from the economic collapse. But how, and can we all start to do the same?If the Chinese Economy Collapses It Will Take Down Many Others
The other day, I was talking to a retired gentleman who had served in the military, and later got a union job, and now lives with his wife in this resort community. He didn’t seem to have anything really good to say about China, and blames China for stealing American jobs, innovations, and for manipulating their currency. Still, I suppose the United States has made a number of mistakes causing our corporations to move their factories to other countries.Industrial Equipment Sales Looking Up, But Employment Doesn’t Seem to Be
Well, they said this would be a jobless recessionary recovery, and the economists were right. Currently major corporations are sitting on hundreds of billions of dollars in cash because they’ve become really good at collecting the money. Their business models are tight, proven, and highly efficient.Why Don’t They Do Something?
In the midst of persistent economic turmoil, there is a growing sentiment that somebody should do something about all of these problems. This is a natural reaction to what feels like an opaque and impersonal market.