If you haven’t read the first installment of “Economics for the Layman,” I’ll give you a brief summary. Gross Domestic Product is the estimated amount of economic activity which took place with in the borders of the United States. As this number goes up, we assume our economy has grown and if it goes down [...]
Posts Tagged ‘Recession’
Can Your Kids Benefit From a Financial Education Video for Teens?
October 14th, 2009
Admin Everyone has seen on recent newscasts, the stories about homeowners in foreclosure who didn’t take the time to read and comprehend completely, their loan contracts. Is it that simple? Why didn’t they just sit down at a table for an hour and study it in full? The truth of the matter, is that even if [...]
Survival Kit for Oncoming Climate of Economic Turbulence
October 3rd, 2009
Admin It is not the end…yet. Dark clouds of recession are certainly hovering around the financial horizon. The economic indicators point towards a downtrend in business, which means problems for real estate investors, job seekers and what have you. Gas prices have hit an all time high. It is certainly time to prepare for a rainy [...]
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