Economic Recovery – When Will We See The Economy Improve?
When a country’s economy expands for two or more quarters in a row after a recession, it is said to be in economic recovery. As a recovery continues, the economic cycle is described as being in a time of prosperity. It is important to realize that growth is measured in comparison to the last time it was measured. Therefore, periods of prosperity are not periods of economic stagnation. During prosperity, the economy gets stronger all the time. However, we have now, technically, been in a period of economic recovery for more than a year. So, why does the economy not seem to be improving? In this article, we will examine this question.A Centrally Planned Economy – By Definition There Is No Success Allowed
As you might imagine, a centrally planned economy is one where the government plans everything related to the economy of the nation. In a very loosely centrally planned economy, this will include the government becoming a partner of the key businesses in the country. In a very tightly centralized economy, each individual’s occupation is chosen by the government. The question we will answer in this article is; can a person become successful in a country whose government centrally plans the economy?Pulse Oximeter Could Stop Recession
The global economy suffered a recession, which started in 2007 and apparently ended in 2009. Unfortunately, the debt problems in Europe with countries like Spain and Italy, the world fears that a double dip recession might be on its way. We have seen the world markets jump up and down on any source of information. We have seen the prices of gold sky rocket, and even though the credit rating of the United States was downgraded by S&P, investors are still running to the safe haven bond markets with their money. The Federal Reserve Bank has already stated that they do not plan on raising interest rates for another two years.When Mars Attacks, The Economy Roars!
When I was a student at the Graduate School of Public Administration (our school colors were red and more red; our motto, “Sempre Turfbuildus”), they made us study the works of major geniuses in such fields as economics and massive government. One of the chief geniuses in both fields was Paul Krugman, who was an advisor to President Clinton (and now claims President Obama among his adherents)….Is Another Lehman Brothers Crisis Brewing Again?
In the middle of August, markets are still volatile. Is now obvious that the U.S. is entering another recession. No matter what happens, or what Obama says, for the next actions of the Federal reserve. It seems like there is another Lehman crisis brewing.Mass Unemployment Sweeps Europe
Rioters are a problem. A worse problem looms when rioters have no glass left to break.Expect More Social Unrest in the World
With the recent London riots, it is obvious right now that many people are not happy with what is going on right now in the economy. Prices are skyrocketing, the economy is getting worse, currency wars are coming and the price of food is increasing dramatically over the last 12 months. In 2011, agriculture prices are still, on a historical basis, extremely depressed.The US’ Biggest Financial Mistake of the Past 40 Years
Over the last 40 or 50 years USA has made some of the most horrible financial mistakes anyone could ever carrier. With the economy hanging in tatters and the U.S. Financial System on the verge of default, there are many questions being asked right now whether the actions of the fed are correct or not.The World Global Economic Crisis
US government policies in the 1970s emphasized deregulation of businesses such as less oversight of activities, less disclosure of information undertaken by banks and financial institutions, investment banks and hedge funds. While the housing and credit markets were building the financial systems grew and became increasingly fragile. Decreasing interest rates by the US Federal Reserve from 1982 on along with the large inflow of foreign funds and easy credit conditions fueled a housing construction boom.The Federal Deficit
With the present state of the U.S. economy, the total amount of the U.S. federal deficit has significantly increased. The outstanding total public debt is now amounting to $14.46 trillion according to June 2011 reports. This number is also equivalent to an estimate of 98.6 percent of 2010’s Gross Domestic Product or GDP.US Government Repeating Japan’s Mistake
The U.S. government right now is making the same mistakes a Japan did back in 1997 where it sent its economy into a tailspin dive. That horrible mistake led 25 consecutive quarters of negative growth in Japan. For a Time Japanese Banks set interest rates to negative. This meant that when members of the public took out a loan, the bank would pay the interest for them. Right now the fed has interest rates close to zero.