Harry Mnemonic

How Governments Control Inflation

One of the principal duties of a government is to control the nation’s economy. Inflation is one of the more difficult duties for a government to conduct because the decisions they must make are usually unpopular with the people.

Inflation is a serious concern to many concerned citizens. They feel the need to educate themselves on the subject, since it has a direct impact on their daily lives. Citizens are becoming more aware and conscientious.

Inflation results when the cost More

Taxation - the big squeeze

2009 was the year of the banker - yes I said “banker”! We started the year with the expectation that these paragons of our society would see the error of thier ways and re-invent themselves. Perhaps it would be a return to the “greyheads”of decades past. A time long gone when the bank manager was a pillar of society and a denison of the local community. Surely these mega institutions would revert to the golden age and we could start More

ACME plc - End of Year Results - Let’s talk the language of business

The End Of Year results for ACME plc have just been published - turnover up 23% at £3.5bn, net profit (before tax) up 26% to £524m this will result in a dividend increase to shareholders of 16% or up to £1.25 per share. CEO (Mr. B. Bunny) and CFO (Mr. D. Duck) reported that the company has shown impressive growth over the last year and the future looks bright as animated products are being more sort after in all geographical More

Does government spending help in a time of economic crisis?

This question is a very heated debate amongst global economists, and it is not an easily answered question, for there are benefits and detriments to government spending during a time of economic crisis. The situation will depend largely on the position the country is in.

Firstly, the benefits of government spending, as believed by Keynesian economists, are twofold.

1) Economists who believe that government spending is beneficial to, and can overcome an economic crisis believe that by spending money on More

Fears of a Greek debt crisis deepens

There is currently a lot of pressure being placed on the government of Greece by the market and also some governments of the European Union to get some control over its growing deficit. There has also been some degree of social unrest in Greece over this same problem including strikes by government workers.

Should Greece default on its loans then that would have a serious effect on the euro and how strong it remains in the future. Yet the European More

Do We Really Need Recessions

A recession can be a tough time for many especially in this era of advanced technology and connected economies, a fall in one country can affect the whole world. Many believe that we do not need recessions. If this is the case then businesses that fail should never be allowed to happen and change needs to be suppressed.

What appears more logical and near to what the truth is, is that a major recession, or depression should be avoided. Sometimes More

Obama Taxes Wall Street Excess!

During these times of economic recession, public anger on both sides of the Atlantic has turned to ’greedy bankers’ and what is seen as the obscene level of bonuses that are still being paid to the very people who have received opprobrium for creating the recession initially. If there is one thing that a politician on any side of the spectrum likes it is siding with public opinion and President Barack Obama’s plans outlined today in a hard hitting speech More

What’s the Reason For The Housing Bubble Bursting In the US

In the period between 2004 and 2006, the new US household mortgage debt stands at staggeringly high $8 trillion. The reasons for this appallingly high mortgage debt are far too many and that includes negligible and improper documentation of borrower’s income status coupled with almost no down money for mortgages. This resulted in great amount of increase in the borrower’s monthly payments within few years of taking the loan.

From my understanding of the situation of, I believe there are More

Do You Really Believe the Recession Is Really Over?

Many US economists are proclaiming the recession that is being experienced over the last twenty-two months, over. The problem is the American public beg to disagree. A recent CNN poll found that close to 85% of the people polled still held the view that the recession was on. Thus reality and perception are not adding up.

A true declaration of the recession possible will not be officially made until sometime in 2010. Current indicators seem to point to a positive More

Why Building Relationships Is Crucial To Business Success

Being in business means meeting new people all the time. It is important to have relationship building skills. If you treat people like dollar signs, your business is going to suffer. Instead, keep your customers in mind.

Let’s take building a network marketing business for example. This type of business is all about building relationships, especially when it comes to recruiting new team members. If your customers or prospects feel like all you are interested in is their money, you More