Jo Mark asked: These are tough financial times for both businesses and consumers. Economic problems are being felt worldwide. Uncontrolled fuel costs, slow housing sales, and fear for the safety of one’s financial assets are being felt by everyone. Every day the media spreads fear by reporting bad economic news. People are afraid. And this [...]
Australasian Investment Review asked: According to the economics teams at three leading investment banks, the Australian economy is slumping right now and will continue to worsen well into 2009 at a rate lower than the forecasts from Treasury and The Reserve Bank.The economics teams at Goldman Sachs JBWere and Merrill Lynch have slashed their estimates [...]
Warren Graham asked: Some months ago, I wrote an article (published on this site) entitled “A Sub-Prime Economy” and I urge anyone reading the following piece to revisit that material, both to see what was wrong about it, and what was right. In it, I predicted that the trigger for financial trouble would come either [...]
Sam Williams asked: The US economy experienced negative growth rates in 2008 (especially in the third quarter). This was primarily due to a slowdown in the market for housing and a significant fall in the consumer spending levels. With the help of financial planners and advisors, it is probable that the US economy might recover [...]
Marilyn Ellis asked: OK, I’m not trying to be flippant here. The news is bad. Very good people have been hurt and swindled by very people. Innocent people are losing their jobs and their savings. But I repeat, as a business person, what has this got to do with you?Even in a down economy, life [...]
