A partial shutdown of the federal government forced by the budget impasse in Congress would delay release of U.S. economic data, making it more difficult to determine the influence on growth of the recent jump in commodity prices.
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China’s consumer prices may have risen 4.8 percent in February from a year earlier, the Economic Information Daily reported, citing an unidentified person familiar with the situation.
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China’s growth accelerated to a more-than-forecast 9.8 percent in the fourth quarter, adding pressure for more monetary tightening to counter inflation.
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Based off of my experiance in a personal recession… going from 116,000 in debt to paying off 70,000+ and making 250,000 in 2 and a half years….
With economic times not where we want them to be today, the bottom line is how do you survive? Do you suddenly have to tighten your budget and deal with increased stress? Is it possible that you could get laid off tomorrow, if so then what? Can you truly plan a family vacation for the summer not knowing what will happen next? People always ask are we really in a recession? It is my profound belief that if you are not better off right now then you where last year, that you are in an economic recession.
So the question remains, if things are slowing down in the economy what should you do next? In my experience I’ve learned there are only 3 viable ways to truly ensure that you can beat out the economy. First, have 100′s of thousands of dollars stashed away to basically buy your time through the slow periods. read more…
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