U.S. and Global Economy: Money Makes The World Go Round
The economic cycle can be quite predictable, but things can go overboard once in a while, such as how things have turned out over the past decade. In that timeframe, banks have collapsed, Wall Street tanked, the job market shriveled up and foreclosures ended up at an all time high. Thankfully, things have recovered somewhat, and we’re supposedly in a new era where gradual growth is the norm. With all of this going on it’s often hard to understand what’s going on in Washington and across the globe and whether or not certain situations affect you. But, there may be a solution to your confusion.
Here in the U.S. and World Economy category you will find musings and analysis dealing with unemployment, foreclosures, credit card rules, economic impact, and even a few words about the Obama healthcare plan. Each of these articles are presented in a straightforward, easy to understand format that can potentially give you clues about how the current economic climate may affect your bottom line. You’ll also find posts showing you not only how to survive in a bad economy, but also how to thrive and even find success during such challenging times.
Our writers infuse personal opinions, thoughts, and insights into each post, answering many of the same questions as you have probably asked yourself. We hope to give truly unique and relatable perspectives of the bigger economic picture that tends to affect our personal financial situations.
So, whether you are an economics major or the average Joe, there is something here for you. And, if you are looking for more information about specific aspects of finance that are often affected by the economy, then we encourage you to check out our other Popular Categories.
I’ve discussed how to avoid foreclosure and how to avoid bankruptcy in the past, but in some cases, things don’t work out too well, and there are people who end up becoming casualties of the real estate bust, credit crisis and weak job market. Lots of people have been forced into homelessness due to a [...]
I’m bringing this article to the forefront because of the latest events that are unfolding in Europe. Greece has proceeded with their elections as a first step in determining how to begin managing their economic woes. The political party that supports a bailout narrowly won the vote. Greece has also been in the news a [...]
The start of a new year is upon us once again and it’s time to take stock of how things have gone in the past year. It’s a time when some financial types are dusting off their investment crystal balls or are checking out oddball indicators to see if trends continue for the next year. [...]
Around this time of year, the media likes to get into the holiday spirit by tracking the “12 Days of Christmas Price Index” as a way to look at the real CPI (consumer price index) through whimsical glasses. If you recall, the song highlights hypothetical gifts that range from a “Partridge In A Pear Tree” [...]
The following debate is a fictional exchange between two people who are discussing the Occupy Wall Street situation as well as the issues that our financial system has been facing in the past decade. It’s a dialogue that brings to light a perspective on the financial crisis which is ignored by mainstream media, but which [...]
Every so often, I find myself checking out the pulse of unemployment. While thinking of the appropriate theme for this year’s Labor Day post, I decided to take a different turn away from the usual summer holiday banter about family and barbecue grills. After all, this site is here to give continued visibility and commentary [...]
Congress proved something on August 1, 2011 –- the American people are resilient, but we’ll only take so much inaction. Most of us, whether Republican, Democrat or indifferent, were fed up with our government leaders by the time the first of August even rolled around. After weeks of infighting between the parties, Congress finally passed [...]
On October 2009, I pondered out loud: Is the bull back?! Back then, we saw the stock market hit the magic Dow Jones 10,000 mark, as the indexes fought against gravity to climb up to that milestone. It’s still a ways away from the record setting 14,000 for the DJIA, which was once achieved in [...]
With housing at the epicenter of the financial earthquake that has rocked our nation, more and more beleaguered homeowners are growing progressively concerned about their homes. There are long-time homeowners who are now facing foreclosure and who now believe that declaring bankruptcy will save them from losing their homes. If I were in their shoes, [...]