Jul 272014

weak economic growthFrom the great depression of the 1930s to the great recession of 2009, U.S. economy has seen it all and to the maximum extent. When compared, the impact of the great economic depression was worse. However, if considering recovery from recession, the great recession is a possible successor in many terms. It has been five years since the recession and yet, the unemployment rate in U.S as of June 2014 is approximately 6.8 percent, which has declined by mere 3 percent since 2009. The weak growth of U.S. economy is not just visible through this figure, but a lot more is adding to it on a daily basis.

In contrast to the great depression, the recession has made half as much the recovery in GDP a post-depression era, which is only 9 percent since the inception of recovery phase of the economy. Comparatively, after the same time period during the great depression, it was as much as 17 percent higher. When looking at the deficit percent, the growth has been only 5% since the beginning of recovery.

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Jul 092013

SEOclerksIn the current economic roller coaster, individuals are seeking alternative ways to earn money. Even though the economy may not be prosperous currently, people are seeking a new way to earn or to work. A lot of people would go online with the idea of making an absurd amount of money, and then get discouraged when they never meet their goals. This causes a lot of people to give up because they don’t know how to utilize websites to help them earn an income online.

With many new websites becoming created daily with the promise of earning money, only some actually deliver on that promise. Some of these newly created websites tell you that you can earn a six-figure income in a short amount of time. This is definitely not possible.

Remember, you have to work to earn an income, and it may take months to build up to earning a six figure income, or even a five figure income. That game hasn’t changed yet.

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Jun 282013

major weaknesses of the US economyThe U.S. economy is the best economy in the world, with one of the highest GDP per capita figures. No matter U.S. has the strongest and most powerful economy overall, it now faces many difficult economic problems. Some of these problems are short term and they can be sorted out over time. Over the month, the value of the US dollar provides the deeply important as well as a decreasing to a record low up against the Euro and the 31 years low up against the Canadian dollar.


If we (our government) do not take any serious measures, the U.S. is going to face an economic disaster on the scale few countries have ever experienced. Most people are not aware the easily observable signs of this critical economic situation, they do not know where it originated from and what measures or steps are necessary to prevent it from occurring. U.S. citizens have a superpower mentality in their minds, but this is not true anymore. We are slowly becoming to lose our position as a leading country in lots of aspects of our social, economic and political spheres.

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Mar 242013

bad credit loan Due to the recession of 2008, many consumers who once had good credit histories, saw their financial dreams go up in smoke. As a result, many are now facing the very real prospect of trying to acquire personal loans with a bad credit history. But do not fret because there is hope for those hoping to qualify for bad credit financing.
The reason for this is due to the fact that being approved for a loan does not rely only on the credit score. Yes, the credit score of the applicant is important, but it is not the only factor that determines whether or not you are approved or not.
First off, what you have to remember is that all lenders are in the business to make a profit. And since they are looking to make a profit, they want to limit the risks to any loan that they give out. So when you glance at the loan application before you, just remember that the lender is simply trying to limit risk and increase the probability of them earning a profit in return for granting you a bad credit loan.

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Aug 012012

US is in depressionDo you think that the dismal economic situation you are in, is the aftereffect of the recession that ended in 2009? If you think so, then sadly, you are wrong. It may sound unusual at first, but it is the truth, because USA is going through an economic depression and not at aftereffect of recession.

This new nomenclature will help people to understand the gravity and the severity of the situation. It may create panic in people, but it is also true that this depression has no evident solution and the end is also not visible. So, you need to think about the problem with more seriousness.

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