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Despite banks in the US cutting interest rates to stave off a recession, confidence levels are low and are being felt as far away as the tax havens in Europe. The US recession depends as much on her neighbors as on internal checks like Congress and the Fed. If emerging economies stand to gain from the recession, should they bear some responsibility for righting the credit crunch? This article explains some of the problems globalization poses in a financial crisis. In an ideal world, marketing activity would be self supporting, always pay back multifold what it costs to execute, and be effective in reaching every potential buyer in the appropriate sector all the time. But in the world where the sky is blue, marketing activities are driven by several factors. Every time you turn on the news, you hear about home devaluation and the abysmal state of the housing market in the United States. What is a homeowner to do? This article discusses some of the upsides to the recent US economic downturn. In a world of uncertain property prices, where is the one place likely to see price rises in 2008? It could be Monaco... This article discusses the possible causes of and outcomes from a potentially impending US recession. This article discusses the increasing likelyhood that the US will enter a recession in the wake of the Fed's ineffective interest rate cut on January 22nd. Navigating the company through a sluggish economy can be challenging...but the fortunate thing is that it forces you to go on the offensive. The decline in the value of existing homes is what will cause the 2008 recession and cause it to be the most severe recession since the early 1980s (although not all that bad by historical standards). The bulk of the average American's savings is in their home and their net worth is decreasing. Housing, and related, jobs account for 10% of our total employment. Single family housing starts fell 7.3% in October and permits dropped 6.6%, to the lowest levels in 15 years. (You can see the ripple effect on the earnings of Home Depot and Lowes.) Housing market problems are not limited to new home sales. The value of your home and the market for sales of existing homes is falling. By how much and for how long is the big question. Winners are ALWAYS looking for ways to grow their business. They trust their company, trust their customers to come through for them, and realize that a financial crunch offers advantages that aren't available during better economic times. 1 | ||
