Recent trends imply a disaster for the current state of the economy. What is fundamental task for the U.S. Free Market Economy? Are there new rules or laws to play the game?
The central economic task for a society, in relation to the free market economy, is to secure cooperation among people in using what is [...]
Entries Categorized as 'John E Labunski'
The State of our Free Market Economy!
December 17, 2008
Five Recession-proof Careers for a Tight Economy
December 17, 2008
The news keeps coming in, and it’s not encouraging. Declining home prices and the resulting slowdown in the American economy have put manufacturers, investment bankers, and retail employees out of work. With less to spend on luxuries–and less credit from banks and lenders to draw on for large purchases–less money is circulating through the market. [...]
Markets Soar/ Aust Economy Sliding
November 24, 2008
Oh how it all turns around, and how quickly.
World markets have soared overnight; the Australian dollar has surged against the yen and the US dollar and our market is forecast to jump sharply this morning.
The Standard & Poor’s 500 Index jumped 91.56 points, or 10.79%, to 940.48 after sliding to the lowest level since March [...]
US Economy Heading for a Hard Landing
September 22, 2008
Author: Australasian Investment Review
The US economy is in far worse shape than many in the US think, and is heading for a hard landing.
American consumers, who account for 70% of demand and consumption in the huge, $US14.4 trillion economy, are in trouble and cutting back spending, thanks to falling levels of credit.
In fact the credit [...]
You Can Profit From the Current Economy
September 19, 2008
Author: Jay Wagner
The current economy is in bad shape – at least that’s what all of the pundits tell us. The conventional wisdom in times like these is to put stop loss orders on everything, put everything you can into blue chips, or settle for the safe, low returns of Treasury securities.
I’m here to tell [...]
Outsourcing: Its Effects on the U.s Economy and Leadership
July 22, 2008
Author: Stephen Harvey Jr.
Outsourcing or off sourcing is a new trend among companies that operate and facilitate operations out of the United States. These companies use outsourcing as a way to cut costs and use cheaper labor by subcontracting to foreign companies or setting up offices in foreign countries. This takes away much needed jobs [...]