A Study on Demonetization in India
The
demonetization in India has a long history. It has taken place for three times
now and every time it came with a purpose to get a curb over the circulation of
the forged note in the Indian economy. This...
How Would You Fix The Economy?
There seems to be some huge political disagreements about how to handle the current recession.
Do we stop spending all together in order to halt the growing national debts? After all, who's gonna pay in the future? Are we mortgaging our kids future??
Or...
President Obama Is Pressing Banks To Begin Lending
One of the effects of the current bad economy has been the tightening up of lending. Banks have all but stopped the lending of money that many small businesses have come to depend upon.
President Obama is now pressing bankers...
7 Things you must Know about GST
The goods and service tax is basically an indirect tax or a consumption
tax which was imposed on the supply of goods and services in India. It came
into effect from July 1, 2017. Replacing the multiple existing flowing...
Not The Kind Of Double Dip That You Want
Not like a double dip ice cream cone on a hot summer day, no the kind of double dip that some economists say is on the horizon is much more ominous.
Some economists are now predicting a double dip recession, meaning that just...
Not Just Sub-Prime, Foreclosures Hit Middle Class
Not surprisingly, the recession and housing crisis has not only affected the sub-prime borrowers, who probably shouldn't have been able to qualify to purchase homes in the first place but it has also affected the middle class.
Unemployment, business failures and...
Delinquencies and New Debt Both Down
Delinquency rates on consumer debt is falling as fewer Americans are falling behind on their debt compared to prior to and earlier on in the current recession.
But in good news for consumers and bad news for lenders and credit card companies, they are also...
How did Penny Stock Firms Cash in on Bitcoin?s Rise?
Last year, it was a tough time for cryptocurrencies, and Bitcoin has been one of them. It has been through a lot of struggle to withstand the crash that came with last year. As for now, Bitcoin is the champion of the...
