Global Economic Crisis

The Obama Administration would people believe that the economic stimulus package under the the American Recovery and Reinvestment Act of 2009 has been an unqualified success. Even VP Biden has been making road shows to highlight this ‘fact’ and pointing out that the US economy will surely recover over the long run. But then, a [...]

There are a lot of folks who have high expectations from the US economy for the year 2010, and they may certainly be on track on this. Well, it seems as if there is some reason to be cheerful about the US economy which might be stabilizing, after so long. But the, while the US [...]

The US economy has got into a ‘ditch’ which has come in the way of its speedy recovery in the past couple of years. It is thus no surprise that people are just speculating and hoping for the recovery to happen and it seems as if some of the signs of recovery may be becoming [...]

EU finance ministers struggled to voice out measures to bring the Greek economy in track and effect a plan for the economic bailout for the beleaguered Greeks. But Germans were surveyed as being highly skeptical and critical too of this move.  There is a huge perception in Germany that while belt tightening measures had been [...]

There are so many people who are just waiting with bated breath about news of US economic recovery. After over 2 years of financial crisis and job losses, people are just hopeful that the tide will change and something will give, so that there might be some cheer. But it seems as if people will [...]

  There are a lot of folks around the globe who are waiting for the economy in the US to mend and that too for quite some time now. After all, the US economy is the huge engine of growth and sustenance for the whole world and if the economy goes into a tailspin, it [...]

There are signs that the unemployment rate in the US may be going down. It seems to be dipped from a high of 10% in December to around 9.7% in January. But there also seems to be another report that around 20,000 jobs were shed in Jan, 2010. Markets have also been faced with the [...]

The US Labor market is expected to rebound and show some spunk on reports that the economy as a whole is on recovery mode. There are strong indications that the economy may be showing some signs of a turnaround. While this is not yet fully confirmed, there are many who feel that the economy is [...]

We have not seen an economic crisis like this since the 1980′s. Infact, generation Y have never really seen any form on national financial crisis – let alone a global one. This is the world economic crisis 2008 has had such a dramatic affect. Generation Y are known for their frivolous spending and inability to [...]

A bit of worry is starting to come to light with all this talk of the world currently entering a recession. I think the majority for this fear is due to people not understanding what a recession is and what happens during a recession? Firstly lets find out what a recession is. Dictionary.com define a [...]