Financial Confidence #PODCAST #84 How To Prepare For The Next Recession
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Financial Confidence #PODCAST #84 How To Prepare For The Next Recession
The property market is dangerously close to entering a contraction. British people can no longer rely on their houses to add significantly to their wealth.
Feels remarkably like we’re in a recession already.
President Obama’s administration has economy back to highs before Recession, thanks obama
.
Unemployment is at its lowest level since 2007.
Home prices are back at all-time highs.
Growth is picking up. The economy expanded at a 3.2% annual rate from July through September.
Even the middle class is (finally) getting a raise in pay.
" Trump is inheriting an economy that's pretty solid," said Kevin Hassett, an economist at the conservative American Enterprise Institute, on CNBC Friday.
The "Obama economy" deserves a "B or B+" grade, says Paul Ashworth, chief economist at Capital Economics.
Remember this when the Trump Administration puts us into record deficits and a new Recession.
For Naijabuhari, deserves, niger, recesssion, support
New Update on http://www.fornaija.com/pin/106615/
Recesssion: Why Buhari deserves our support – Niger Gov
Song originally written during the “great recession” of 2008 when things were pretty bleak. Lately some politicians and Wall Street types seem ready to talk us into another one with their gloom and doom predictions. The song is a simple reminder that things aren’t always so bleak, especially when you have someone to get through the rough spots with.
REAL UNEMPLOYMENT RATE: 22.5%
Exposed! How government lies with job statistics
The real unemployment rate for January 2012 is closer to 22.5 percent, not the 8.3 percent reported by the Bureau of Labor Statistics, Jerome Corsi’s Red Alert reports.
John Williams, author of the “Shadow Government Statistics” website, argues that the federal government manipulates the reporting of economic data for political purposes.
In the Feb. 3 Bureau of Labor Statistics news release, the unemployment rate was reported to have fallen 0.2 percent to 8.3 percent, from 8.5 percent in December 2011.
Williams recreates a Shadow Government Statistics alternative unemployment rate reflecting methodology that includes “long-term discouraged workers” who the Bureau of Labor Statistics (in 1994 under the Clinton administration) removed from those considered “unemployed.”
The BLS no longer considers as “unemployed” those workers without jobs who have not looked for work in the past year because they feel no jobs are available.
Williams has demonstrated that it takes an expert to truly decipher BLS unemployment statistics. For instance, in Table A-15, titled “Alternative measures of labor underutilization,” the BLS reports what is known as “U6 unemployment.” U6 unemployment includes those marginally attached to the labor force and the “under-employed,” those who have accepted part-time jobs when they are really looking for full-time employment.
While the BLS was reporting seasonally adjusted unemployment in January 2012 at only 8.3 percent, it was also reporting U6 seasonally adjusted unemployment in January 2012 was 15.1 percent.
The only measure BLS reports to the public as the official monthly unemployment rate is the seasonally adjusted U3 number.
Williams wrote that the “headline numbers” BLS reported for January 2012 were statistically manipulated and “simply not believable.”
He calculates his “Official SGS Alternative Unemployment Rate” by adding back into to the BLS U6 numbers those long-term discouraged workers who have not looked for work in the past year.
Interestingly, Williams’ “Official SGS Alternative Unemployment Rate” shows unemployment in January 2012 was 22.5 percent, a 0.1 percent increase over December 2011, whereas the BLS figures were designed to report a .8-point decline, from a seasonally adjusted U3 rate of 9.1 percent in January 2011 to a seasonally adjusted 8.3 percent rate in January 2012.
For more information on the actual unemployment rate versus Obama administration statistics, readJerome Corsi’s Red Alert, the premium, online intelligence news source by the WND staff writer, columnist and author of “Where’s the Birth Certificate?” and the “Where’s the Real Birth Certificate?” e-book.
Red Alert’s author, who received a doctorate from Harvard in political science in 1972, is also author of the No. 1 New York Times best-sellers “The Obama Nation” and (with co-author John E. O’Neill) “Unfit for Command.” He has authored several other books, including “America for Sale,” “The Late Great U.S.A.” and “Why Israel Can’t Wait.” In addition to serving as a senior staff reporter for WND, Corsi is a senior managing director in the financial-services group at Gilford Securities.
An Investment in Gold Bullion Bars for The Recession
A simple response could be the marketplace settle prices through a typical interaction between supply & demand. Gold & oil are sold on commodities marketplaces . The precious metal, Gold was accepted as a monetary standard by a number of European lands at the end of the 1800's. The United States chose the same decision following the Civil War and the notes became convertible into gold. This multinational standard made it workable to convert any paper currency into gold bullion bars at the central bank of issue. According to the World Gold Council, the annual call for gold seems to be approximately 1000 tons. Bigger and smaller cahnges depend on the financial considerations. When inflation devalues currencies in recession times, gold appears to be the most strategic option to invest in. Economic fluctuations will encourage individuals to go back to this old age investment. It can be simply bought or sold over the counter of the central banks in alot of countries and now through the web. You may select between bars and bullion coins, priced according to their weight. Gold bullion investors acquire a certification of ownership. Remember that gold bullion bars have a larger popularity because they have lower premiums as an investment than gold bullion. You can purchase gold or you may opt for gold coins. Bullion coins are valued according to their weight. Gold investors obtain a certification of ownership. If buyers prefer on-line dealings, companies authorised as Digital Currency Exchange Providers aid users with a DGC (Digital Gold Currency) account which has to be 100 percent seconded by gold or other precious metals. But if buyers require to acquire gold bullion cheaper than on the Western market, have a look at the Arabic gold world. You may find that business can be mixed with leisure. There is a great assortment of gold bullion on offer and prices. In Recession times, investors will search for some good options as a substitute. Investing in gold bullion bars appears to be this choice for numerous individuals.