A fresh and unsurprising political crisis has erupted in Italy, as two ministers from the minor party Viva Italia have resigned from the government. In the middle of a pandemic, the last thing Italians needed was this. The year 2020 will be remembered as a watershed moment in Italy’s history. And it was, without a […]
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The Great Recession was a period of economic slump that lasted from 2007 to 2009, following the bursting of the housing bubble in the United States and the worldwide financial crisis. The Great Recession was the worst economic downturn in the United States since the 1930s’ Great Depression. Federal authorities unleashed unprecedented fiscal, monetary, and
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“While cash isn’t a growth asset, it will typically stay up with inflation in nominal terms if inflation is accompanied by rising short-term interest rates,” she continues. CFP and founder of Dare to Dream Financial Planning Anna N’Jie-Konte agrees. With the epidemic demonstrating how volatile the economy can be, N’Jie-Konte advises maintaining some money in
What To Do With Money When Inflation Is High? Read More »
To listen to the podcast, press play on the player above and follow along with the transcript below. In its current form, this transcript was created automatically and then edited for clarity. Between the audio and the text, there may be some discrepancies. Republican attempts to invalidate state-ordered congressional districting schemes in North Carolina and
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Unfortunately, a worldwide economic recession in 2021 appears to be a foregone conclusion. The coronavirus has already wreaked havoc on businesses and economies around the world, and experts predict that the devastation will only get worse. Fortunately, there are methods to prepare for a downturn in the economy: live within your means. Is 2017 a
Will We Have A Recession In 2017? Read More »
According to Trading Economics global macro models and analysts, GDP per capita in the United States is predicted to reach $56200.00 USD by the end of 2021. In 2020, what was the US per capita GDP? The GDP per capita of the United States of America was 63,416 USD in 2020. The United States of
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The Big Bang theory is an outgrowth or extension of eternal inflation, which is a hypothetical inflationary universe model. According to everlasting inflation, the inflationary phase of the universe’s expansion continues indefinitely throughout the vast majority of space. Because the regions increase at an exponential rate, the majority of the universe’s volume is expanding at
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While the greatest savings accounts presently earn roughly 0.40 percent annual percentage yield, this is significantly more than the average savings rate of 0.06 percent and will bring you more money than the zero dollars you’d receive if you kept your money in a safe. Does inflation affect savings accounts? You will essentially lose money
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You have a sizable emergency fund. Always try to save enough money to cover three to six months’ worth of living expenditures, with the latter end of that range being preferable. If you happen to be there and have any spare cash, feel free to invest it. If not, make sure to set aside money
How To Protect Your Money In Recession? Read More »
The impact on pension costs when inflation is included in is significant. With inflation at 2%, the cost of a pension increases by nearly 20%. A constant-purchasing-power pension costs around one-third more than a level-dollar pension at 4% inflation. Is inflation a factor in pensions? Inflation has a direct impact on pensions since it impacts
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