by reynz on October 30, 2009
Recession is something that we all seem to know. But when one start throwing in words like macroeconomic indicators, GDP, consumer spending, inflation – the whole concept becomes difficult to understand. Even the book definition is still somewhat difficult to comprehend to a non-economist. They say that “two successive quarters of negative growth mark the [...]
Share on Facebook
by Rainier on October 10, 2008
World?s stock markets plunges! That was the news that greeted me when I woke up early this morning. Was I shocked? Not really. I was expecting these kinds of news. And the bad news continues. Iceland is on the brink of bankruptcy. They?ll have to go back to fishing to sustain their economy. Japan?s Nikkei [...]
Share on Facebook