We’d like to introduce you to an old-fashioned term: stewardship. It basically indicates that you’ve been entrusted with looking after someone else’s property. Because you have someone to answer to, managing a group of people or resources at work is an example of stewardship. Is it clear where we’re going with this? You are, indeed, […]
What Does The Bible Say About Recession? Read More »
In comparison to the previous year, global inflation in 2020 is expected to be at 3.18 percent. Inflation rates over the world. Inflation is commonly characterized as a steady rise in the overall level of prices for goods and services. What will be the rate of inflation in 2020? Inflation in the United States was
What Is Global Inflation Rate? Read More »
What should we do with the bait we’ve dug up? Although services are included in GDP, they are a separate category. Adding intermediate services to GDP would be equivalent to adding salaries (certainly wages are important, but they are paid out of receipts from selling GDP). What are we going to do with the five
Does Interest Count In GDP? Read More »
On a recent episode of Bloomberg’s Odd Lots podcast, Travis Lundy, a Hong Kong-based independent analyst, argued that this signaled a crucial “turn” by Chinese officials. “That means they were telling you straight out that the things we used to do to obtain a high growth rate aren’t going to happen anymore.” That is a
Why China GDP Is Growing? Read More »
Recessions typically last eight to nine months, putting the next one around the middle of 2024. If the current market follows its historical trajectory, the current turmoil should be viewed as a one-time blip in risk markets. “The playbook is historically accurate,” he argues. Is a recession expected in 2021? Unfortunately, a worldwide economic recession
Will The Next Recession Be Bad? Read More »
Inflation is referred described as a “hidden tax” by some. It does not require legislation from Congress or the states, unlike other taxes. It isn’t deserving of a line on the 1040 federal income tax form, which many Americans will submit this week. It also doesn’t reflect as a % markup on the items we
How Is Inflation A Hidden Tax? Read More »
An FDIC-insured bank account is one way to keep your money safe. You’re probably already protected if you have checking and savings accounts with a traditional or online bank. If an FDIC-insured bank or savings organization fails, you are protected by the Government Deposit Insurance Corp. (FDIC), an independent federal agency. In most cases, depositor
How To Protect Your Savings In A Recession? Read More »
The good news is that if you retire and reach the age of 62, you will receive a COLA (cost of living adjustment) every year on your FERS pension. In practice, this means that your pension will grow a bit each year in order to keep up with inflation. The bad news is that if
Are Federal Pensions Adjusted For Inflation? Read More »
The Great Recession, which ran from December 2007 to June 2009, was one of the worst economic downturns in US history. The economic crisis was precipitated by the collapse of the housing market, which was fueled by low interest rates, cheap lending, poor regulation, and hazardous subprime mortgages. New financial laws and an aggressive Federal
What Happened In The Recession? Read More »
For the first time since September 1991, Canadian inflation reached 5% in January 2022, climbing 5.1 percent year over year from 4.8 percent in December 2021. In January 2021, the headline Consumer Price Index (CPI) grew by 1.0 percent over the previous year. The CPI climbed 4.3 percent year over year in January 2022, excluding
How Much Is Inflation Per Year In Canada? Read More »
