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| | | Call it the financial crisis that launched a thousand Facebook sites. The Web 2.0 has spawned Depression 2.0, a social networking site where individuals discuss a return to the Great Depression of the 30s. Financial planners and fund managers who want ... |
| | | | ... consequences of the global economic recession - on business activity, on corporate profits, on their investments, on their jobs. This will remain the state of play in the financial markets for a while. Unless one or two governments or central banks somewhere ... |
| | | | ... matter how low interest rates go, people aren't going to take out a mortgage if they're [more] worried about losing their jobs," said Higgins. Lawless also acknowledges that the return of more buyers in the market is likely to be gradual. "Globally economies ... |
| | | | ... credit demands at the same time that lending institutions tighten standards and hoard cash. More firms will hit the wall, jobs will be lost and overall economic activity will slow until the excesses of the past years are purged out of the system. There ... |
| | | | ... public good. If governments fail to protect this public good, then those who suffer are the working people of the world whose jobs, whose homes, and whose standard of living depends on it. "It is governments rather than speculators that have the central ... |
| | | | ... profit margins. Staff numbers are reduced. The unemployment rises. Consumer spending contracts. Homeowners who lost their jobs are forced to sell their houses. People still with jobs defer buying houses, those without simply could not afford to any longer. ... |
| | | | ... might calm, the US and global economies continue to reel from the aftershocks - and this is not going away anytime soon. Jobs will continue to be lost, spending and investment will contract and business activity will drop. In short, expect further downside ... |
| | | | ... might calm, the US and global economies continue to reel from the aftershocks - and this is not going away anytime soon. Jobs will continue to be lost, spending and investment will contract and business activity will drop. In short, expect further downside ... |
| | | | ... square one. In addition, US homeowners are rapidly handing back their keys to their banks. First the NINJAs (No Income, No Jobs or Assets). No one expected them to be able to hang on their purchases anyway. This time, it is ordinary Americans throwing ... |
| | | | ... news of job shedding has already made their way into the official statistics. The economy is expected to add another 5,900 jobs in August after a 10,900 increase in the previous month. However, the unemployment rate is forecast to tick up to 4.4 per ... |
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