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“In the news today, the stocks have went down, while Greece in Europe is still trying to avoid bankruptcy…” Now if you watch the news then chances are you heard all of this already and are concern about the economy as well, and most importantly your job, and you should of course. But you have to remember as well than their is a positive in a bad economy as well, and it is to invest in undervalued stocks. Now if you are a conservative investor or going to retirement soon, then please reading here as this information will not benefit or educate you to your advantage,...
read moreThe rich are getting richer, the poor are getting poorer, and the middle class is disapearing
When you look at todays economy in Canada and the USA, not excluding Europe and the rest of the world, you don’t have to look at the facts, just look around you and you see it. If you go about 30 to 40 years in the past many Canadians and Americans had decent paying jobs since many factory jobs were unionized and due to this people working in different sector, including office work would get better paying wages. But now today in 2011, the reality is that unions are diminishing and due to this big corporations take advantage of paying employees as little as possible. Im not...
read moreA second recession may be under way for the world economy
20/20: Living Life on the Edge in Today’s Economy: 3/20/09It seems that Canada, US, Europe and the rest of the world may wind up in a second recession. Its true that Canada is in a better situation at this moment, while the US is struggling with high unemployment rates which if not yet, going into double digits. Europe Countries, Canada and the US have all made stimulus packages to avoid a great recession like the one in the 1930`s. However, now that the stimulus is near depletion from all the major countries we are all hoping for a smooth economic recovery. Will it happen? Many jobs...
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