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Image via Flickr by 401(K) 2012 The economic recession and resulting volatile stock market has almost become cliché. Advertisers overuse the situation and analysts overthink the problems until we almost stop listening – but still, we want answers. Being able to discern between the nonsense and the facts is an ability that can be quite [...]
The recent economic downturn has affected many businesses and cost employees across the nation their jobs, and when you are one of those who has been let go, you need a plan of action in order to survive. Several practical tips can help you stay afloat financially during this stressful time. Family Involvement Involve the [...]
The Nielsen Global Survey of Investment Attitudes is one of the world’s most useful tools for economic predictions of all sorts, from one of the top globally acknowledged analysis and ratings institutions. This year, the survey was released in early July and conducted over 18 days in February. It polled some 28,000 consumers in 56 [...]
Market Crash 2011 Its been a turbulent and stormy few days in the financial world. In the past week we saw the beginning of a major stock market decline. The Dow Jones Industrial Average (DJIA) fell below the psychologically important 12000 on Tuesday 8/2/2011 DJIA falls 512 points on Thursday 8/4/2011 Friday the US credit [...]
How Any New Debt Limit Deal Will Hurt The Middle Class At this moment in Washington DC America’s leaders are frantically searching to find a solution to the United States’ addiction to spending. Needless to say I’m not holding my breath for any miracle solutions. In fact I’m pretty concerned that any solution will target [...]
The most recent report of the Manheim Used Car Value Index reached a new all time high in May. The Index measures the wholesale auction costs for used cars that dealers around the United States pay; in May the Index reached 127.8, a 5.6% overall increase from a year ago. Some of the greatest jumps [...]
Global Food Prices Rise Will a billion people really fall into the realm of being chronically hungry? Could over 15% of the world’s population really be in a permanent state of starvation? These are the predictions of numerous charities around the world if the current trend continues. At this moment food prices are skyrocketing around [...]
For thousands of years Gold has been an integral component of the economic system. It has been a symbol of strength, stability and wealth in countless cultures. Gold was the original money, the ability to transfer and exchange wealth between people. After WW II the world’s currencies were pegged to the dollar and the dollar was pegged [...]
The Great American Economic Migration – Part 3 The Rise of the Lone Star State Senator Phil Gramm has said of Texas: “I love Texas because Texas is future-oriented, because Texans think anything is possible. Texans think big” A tale of 2 states continues as we look closer at the growing economic power of Texas. [...]
The Great American Economic Migration – Part 2 A tale of 2 states, California chooses to plunge head first into its financial implosion while Texas is exploding with economic power. In this post we will look at the state of California and next we’ll discuss Texas. A long time ago there was a land filled [...]
Part 1 – Red State Rising American’s are fleeing away from high tax, high government spending, and forced union work states and flocking to low tax, small government, and “Right to Work” states. A study by the American’s For Tax Reform shows that the congressional reapportionment that comes out of the 2010 Census will be [...]
A Study in Financial Insanity “Insanity: Doing the same thing over and over again, expecting different results” – Albert Einstein As I live through the California Budget Crisis I’m astounded by how every news article I read or I see seemed to be like a broken record repeating itself over and over. The story has [...]
