The Economy

Rubbing Browns Nose In It

Should this guy be the leader of the Conservative Party? Share on FacebookMarks says ‘get your FREE Marketing Analysis here’ or ‘to be ‘kept in the loop’, why not get my free newsletter by subscribing below?’

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Why I Have Invested In Gold

Buy gold In fact, I have come rather late to the gold party by investing first at the beginning of 2009.  Gold has been on an upward trajectory since the beginning of this decade having enjoyed a rise in excess of 400%.  Recently the gold price reached a new high of over $1200 per ounce. [...]

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The Financial Problems Facing The US

Take gold, abandon the pound? In the article entitled ‘Escape To Gold‘ , the writer sets out the debt financing problems facing the USA.  Within the next 12 months they will need to refinance $3.3 trillion dollars of short term debt equivalent to 30% of the GDP of the USA. As it is unlikely that [...]

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How Everyone (Including The Prostitute) Get Out Of Debt

It is the month of June, on the shores of the Black Sea . It is raining, and the little town looks totally deserted. It is tough times, everybody is in debt, and everybody lives on credit. Suddenly, a rich tourist comes to town. He enters the only hotel, lays a 100 Euro note on [...]

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Starting A Business To Beat The Recession

You don’t need a job – you need new skills! I was in Borders the other day reading a book and the following facts jumped out at me because I think they will inevitably fuel a wave of entrepreneurialism.   I quickly scribbled them on the back of my cheque book: the average person starting [...]

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How Will A Depression In America Affect Your Business?

A tragedy of Shakespearian proportions is slowly unfolding in America. In this article I want to explore how the deep-rooted problems in the American economy may affect business in the UK. I am now certain in my own mind that the days of the dollars role as the world’s reserve currency are numbered.  The Fed [...]

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A Suckers Rally? … You Decide

This is a chart of  a typical bubble scenario: Main Stages In A Bubble I’ll give you no prizes for guessing where we are on the chart.  I’m expecting house prices to head on downwards within the next couple of months as we have reached the ‘return to normal’ stage.  Watch and learn. Share on [...]

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Was 2008 Just A Dress Rehearsal?

I am watching what is happening in America with a great deal of interest.  One of my wifes school friends works in the US as a teacher for children with learning difficulties.  The state has just cut his working week by 3 days because ‘they can’t afford to pay him’. I have been well aware [...]

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Destroying Gordon Brown’s Reputation For Financial Competence

As the size of Britains debt burden becomes more and more into focus, it seems clear that there will be massive cut-backs in the public sector in the next couple of years in order to bring the budget deficit under control.  This will add to the growing unemployment problem. Now, more than ever, Britain will [...]

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Why The Pensions Crisis Is Good News

There is life after retirement – another 66 years? Wow, that’s a provocative headline on the day that the conservative party announce their plans to increase the retirement age to 66 in just 3 years time. But I think it is good news because the Credit Crunch will start to make us think differently about [...]

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Three Ways To Get Wealthy

Many years ago I listened to Richard Dobbins speak at a seminar.  Richard is a highly qualified business consultant.  Among many other things, he bought a publishing business for £1 and sold it for £49 million pounds several years later.  He went on to write an excellent book entitled ‘ ‘What self-made millionaires really think, [...]

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House Prices and the Economy

Read this article ‘Real Estate – the 800,000 pound deflationary gorilla‘.  It sets out what is happening in the US property market.  Conditions are deteriorating and forecast to continue deteriorating until 2011/12. Keep your hat on, its not over yet! Apparently Banks are now hiding foreclosures and refusing to list foreclosed homes on the market.  [...]

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The Economy: Uncharted Waters For Banking

I read an article today that compared the current position of the US banking system with what happened in the Great Depression in the 1930′s. In order of maginitude, the current banking crisis is 25 times bigger than what happened in the 1930′s after adjusting the figures per capita and for inflation. Also, a research [...]

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Quote From Robert Kiyosaki

I was reading Robert Kiyosaki ‘s website at www.conspiracyoftherich.com and something he said jumped out at me. He was talking about his experiences in Vietnam and business and the challenge we all face in confronting ‘the loser’ inside ourselves. He said ‘ When times are tough, it is the best time to get ahead in [...]

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Marketing: Why The Number Of Unemployed Students Is Avoidable

Today the news reported that there are over 800,000 unemployed students!  This is completely incomprehensible and avoidable in my view. It’s a big world outside … and you can sell your skills from your home This is a generation that has grown up with computers and are completely comfortable with using them.  Computers have been [...]

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Bookkeeping: Who Ate The Cow?

Our Government screwed up big-time with the bookkeeping and they have obviously never read the Bible. You will recall that the Pharaoh of Egypt had a dream.  He dreamt that seven fat cows ate the seven scrawny cow s.  But he didn’t know what the dream meant. He called a young Hebrew man who had [...]

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The Economy – After The Storm Comes The Hard Climb

Here is a link to an article on www.ft.com about the current state of the economy. This is a short extract from the article for those that think the problems are past us: Those who expect a swift return to the business-as-usual of 2006 are fantasists. A slow and difficult recovery, dominated by de-leveraging and [...]

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Banking Regulation

The Chancellor is announcing new banking regulations today.  I don’t know what he is going to say but this is what should happen. I left banking in 2001 because the culture and targets set by the Banks had already set the banking system on course for disaster.  Having lived through the nightmare of the early [...]

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