No,it’s not just you — the U.S. economy really is bewildering. The government says gross domestic product expanded at an annual rate of nearly 4 percent in the third quarter,the fastest pace in a year and a half. The stock market is still up by 4 percent for this year,despite a sharp [...]
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March 31,2008 —There’s no magic bullet,says Steven Fazzari,economics professor at Washington University in St. Louis. The root cause of the current economic slowdown in the U.S. goes back several decades. There has been a concurrent wave of increasing consumer spending and rising consumer indebtedness. In the past,consumer spending actually helped [...] Jun. 30,2008 (McClatchy-Tribune Regional News delivered by Newstex) —Tax rates could double. Spending on education,research,health and even Social Security could be squeezed tighter than ever. And foreign governments could use powerful financial leverage,rather than military force,to impose their economic and political agendas on the United States. Read More… [...] CNN Money has a great article on saving some hard earned cash as inflation beats down on all of us. Gas –Conserve fuel in any car The most noticeable inflation spike is at the pump,with prices topping $4 a gallon in many areas. Your first strategy should be to change how you [...] Some sites that I’ve found that offer good suggestions on how to manage getting out of debt: 9 Ways to Pay Off Debt You can throw the reminders in the Cuisinart or chuck them into a garbage can,but that won’t make the debt go away. Debt hovers like a carrion bird over a dying [...] The coming financial collapse of the U.S. government:Fed papers reveal what’s in store for AmericansOriginal Post From: http://www.newstarget.com/z019659.html Originally published July 17 2006 The coming financial collapse of the U.S. government:Fed papers reveal what’s in store for Americans by Mike Adams The bankruptcy of the United States government has been talked about for years by independent observers. If you’ve read the book,“Empire of Debt,”then you know [...] There is growing talk on Wall Street about the possibility of a recession. Since the beginning of the year three Wall Street firms (Merrill Lynch,Morgan Stanley and Goldman Sachs) have all stated they believe we are either in a recession already or are very close to a recession. In other words,it’s no longer [...] Do you own every gadget known to man (or woman)? Does your closet contain lots of shoes or clothes that you almost never wear? Are you feeling lost without credit cards? Do you come home with things you didn’t specifically go to buy? Do you use shopping as a quick fix for the blues? Do [...] Or you’ll end up like this: “This lady who appeared on Oprah lives the life of a big house in the burbs,new cars,six beautiful kids,and spending way beyond her husband’s $5,000/month salary. Felice drops $400 a month on Starbucks,$240 on tans and manicures,and her children have no health insurance” Read [...] What does it take to pay off your credit card debt? Some people feel that they need to win Lotto to get ahead and pay off their credit card debt. We wish you luck,but you cannot depend on that. You should have a better more promising means which can deliver you out of credit [...] | ||||||
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