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Financial Crisis., Any inputs about it.
naomibatac
post Dec 30 2011, 05:44 AM
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Being in a financial crisis is a challenge to families and the nation as a whole. Just like any other problems that we confront, it brings out resourcefulness from us. In confronting financial crisis, we have to take a look at the way we spend and how to utilize wisely what we have.


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Guest_ProInvestorErik_*
post Dec 30 2011, 10:20 AM
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Whoever think why is this happening I suggest to see documented movie "Zeitgeist". They made this movie before crisis... and they knew it'll happen... Because it's been happening before.. and with this money structure we have it'll be happening all over again.. The whole system reminds of HYIP.. but much more rough
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lazyprof
post Jan 15 2012, 10:11 AM
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One thing to consider if you are fully employed is the stability of your company. I lot of us hate to think about our jobs but if a recession or worse hit, what companies will stick around, and what companies will do layoffs. What happens if your company does a 10% or 20% layoff? Are you important enough to survive the cuts? Some of us just plod along in our jobs doing the minimum to get that paycheck while we figure out how to make more income, but I think if you are concerned about the next financial meltdown, make sure your employer will survive and make sure you're important at work.
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GoldSilverCode
post Jan 18 2012, 07:00 AM
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You have to be willing to educate yourself all your life and I'm not talking about school type of education cause this is just time and money wasted.

I'm talking about learning new skills, increase number of the people you know, your offline and online contacts, facebook friends, participate in exchange of thoughts, ideas, systems that works...

Don't depend all your life on your job and working for somebody else or support your government in spending your money.

Try to create some passive income, put few hours of your private time learning how to make money online instead of sitting on a couch, eating, drinking and watching tv.

Be in control of your own destiny, your life, your money, your health!

Then no financial crisis will affect you.


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Jack2012
post Mar 23 2012, 09:20 AM
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Differently than in the past the crisis is now worst in Europe, the problem is just about the recovery of the PIGS and the tax war. The emergents are feeling the prices of the crisis and the others are trying everything for the euro to come back strong... in my opinion this crisis will take place this century, it is really difficult situation and the recovery will be slow.
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Rhyker
post Apr 1 2012, 05:14 AM
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There's definitely a financial crisis going on ... in the traditional business / job world. Not on the Internet though!
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realist
post Apr 5 2012, 12:38 AM
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Working couples face losing nearly £4,000 a year under new tax rules

Ed Balls said government figures showed parents on low and middle incomes who were unable to work an additional eight hours a week would be £73 a week worse off.

Currently a parent can qualify for working tax credit if they work a 16 hour a week. But under new Coalition rules that figure will now rise to 24 hours.

The result means up to 212,000 working couples earning less than £17,000 a year will lose all of their Working Tax Credit - worth up to £3,870 - if they cannot increase their hours, Labour has claimed.

Mr Balls said: “If you though are a low income family on a minimum wage were you’re being told that if you don’t work eight more hours you’ll lose all your tax credits – thousands of pounds – you stand to lose £73 a week.

“Up and down the country there are tens of hundreds of thousands of families faced with either asking their employer to give them more hours – and the employer is saying ‘I’m really sorry, we’re actually cutting hours’, unemployment is rising in the economy, or losing £73 a week.”

http://www.telegraph.co.uk/finance/persona...-tax-rules.html


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Valgar
post Apr 5 2012, 01:36 AM
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Well, in Russia it feels like the crisis is over...


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Illuminati
post Apr 7 2012, 08:47 PM
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QUOTE (realist @ Apr 5 2012, 09:38 AM) *
Working couples face losing nearly £4,000 a year under new tax rules

Ed Balls said government figures showed parents on low and middle incomes who were unable to work an additional eight hours a week would be £73 a week worse off.

Currently a parent can qualify for working tax credit if they work a 16 hour a week. But under new Coalition rules that figure will now rise to 24 hours.

The result means up to 212,000 working couples earning less than £17,000 a year will lose all of their Working Tax Credit - worth up to £3,870 - if they cannot increase their hours, Labour has claimed.

Mr Balls said: “If you though are a low income family on a minimum wage were you’re being told that if you don’t work eight more hours you’ll lose all your tax credits – thousands of pounds – you stand to lose £73 a week.

“Up and down the country there are tens of hundreds of thousands of families faced with either asking their employer to give them more hours – and the employer is saying ‘I’m really sorry, we’re actually cutting hours’, unemployment is rising in the economy, or losing £73 a week.”

http://www.telegraph.co.uk/finance/persona...-tax-rules.html


Yeah, they always want to force average people to work for more hours each week and telling us "just look at the bright side, you gonna earn more quids" ... funny enough isn't it?

Maybe thats why I moved to Switzerland.


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Chris2pher
post May 5 2012, 01:32 PM
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There are many factors at work and the financial crisis cannot be put on one person. Republicans will blame Democrats, Democrats will blame Republicans. Unfortunately this is a huge part of the problem and a gridlock when it comes to solutions.

Debt, housing bubble, war, economic cycle, corporate bailouts, banks being afraid of producing loans, people afraid to stimulate the economy, and probably a ton of other reasons that I am missing.

It's kind of sad really, the combination of greed, finger pointing, and ignorance has gotten us to this point and it's going to take quite awhile to pull out of it. If you look at history, these things generally happen for the same reasons, but here we are repeating the same things.

The world economy will bounce back, but it might take a LOT longer than we expect. If you recall, WWII helped stimulate the economy last time, and let's hope that's not what it will take.
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bermuda1
post Dec 24 2012, 10:10 PM
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QUOTE (apu_ri81 @ Jan 17 2009, 12:17 AM) *
Gold is a solid investment instrument. But one of my friend who has experience in financial consulting suggest to keep cash money and not to invest during this crisis, he said that this crisis could get worse. No doubt that US is the most affected country.


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no1skeptic
post Dec 25 2012, 09:34 PM
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QUOTE (Nutshell @ Jan 16 2009, 10:08 PM) *
It is happening because we are addicted to debt, and the money is gone now. Live within your means. Life is just as rewarding without too much money, as long as we have food, shelter and security we should have nothing to worry about. Life lived with only these basics leads to far more creativity from people which in turn leads to new innovation and the cycles restarts. We became lazy and took the material possession which rots away and is road to nowhere. People achieved nothing except to buy too many tv and shoes. No real contribution to what is important and is not a lasting investment in society, culture and the economy.

I look forward to it, always better art, better music, stronger friendship & family when we behave as a tribe trying to survive rather than individiuals trying to show off with plasma or pretty lumps of soon to rust steel called cars.


Just be yourself, and be happy with what you have. At the same time, try to conserve your wealth into something of value - like gold.
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izzibiz
post Feb 26 2013, 01:48 AM
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Yes, I agree. Gold is very-very save investment for new comer invesment. I chose it for invest.
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