Whats Next Economically
During the past three years, the world witnessed great changes. In 2007, the United States was hit with a subprime crisis which dried all available liquidity from the markets. During the past three years, the world witnessed great changes. In 2007, the United States was hit with a subprime crisis which dried all available liquidity from the markets. The world reacted and demand for oil raised dramatically driving crude oil to trade for $135.00 on the stock market. Europe began to suffer after as European banks and investment firms failed in bulk. U.S. voters brought their frustration to the polls and voted in a government controlled and administered by the Democratic Party. Ironically, change failed to produce sustainable occhiali da sole rayban . Yes, the “Great Recession” is officially over, but facts are still the same. Currently, the U.S. unemployment is 9.3%, up from 5% in January 2007 (U.S. Bureau of Labor Statist...