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Talisha R

US headed for another recession in 2014 - 0 views

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    This article talks about how a man named John. H Mankin thinks that a recession is going to happen in the US very soon. He predicted this based on past trends and by analysing the statistics. He saw that unemployment is above 7.5% and for the first time since 2011 the housing sector failed. He says that in 2011 and in 2012 the US suffered two growth declines and the fiscal and monetary policies used during those times will not work a third time thus resulting in a 'third-time unlucky recession of 2014'
Judith Brasse

Canada's rich better off now than before recession: BMO - 0 views

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    This article talks about the optimism of rich people in Canada after the great recession. It also says that 76% place great hopes into the energy sector sector while 30% count on the manufacturing sector to improve significantly.
Marie Hardwick

Here's Where Investors Think We Are In The Global Economic Cycle Right Now - 1 views

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    This article shows the results of a survey of which stage of the business cycle investors think we are in. Most people believe we are no mid-cycle, and about 1% believing we are in recession!
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    This article talks about different points of view about where we are in the cycle right now, and why it is so hard to predict recessions. It uses the example of the US recession just a few years ago, and how it started in 2007, but economists weren't able to identify that until 2008.
Tana Monk

Supply side economic policies would end the Obama Depression - 1 views

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    This an interesting article about the economic happenings from the Great Recession to the present day. It explains how the US economy progressed through and after the recession through the use of fiscal and monetary policies. However, these "policies" did not seem to efficiently help in the recovery of economic growth. Issuing higher taxes (for the so-called sake of increasing government revenue) on both the demand side and the supply side caused further damage to economic recovery and unemployment.
Marc WuDunn

A Global "Growth Map" for 2014 - 0 views

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    While the article as a whole discusses factors of growth and their effects on each country for this year, some parts are devoted to aggregate demand. One such section describes the past recession, in which there was a shortage of aggregate demand, crippling the global economy. Since the growth of the economy, and businesses themselves, rely on consumption completely, lower consumption rates leads to a diminishment of both.
Tana Monk

Recovery firms in advanced economies, led by U.S., Japan: OECD - 1 views

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    This article shows how economic activity of certain countries like Japan and the U.S., are rising to the levels before the recession of 2008. According to the Organization for Economic Co-operation and Development this an improvement. The economic activity of other countries like China, Russia, and India are also shown.
noora1

Asia's boom - 3 views

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    The article talks about the economic growth many developing countries have experienced in Asia. However, they are facing a problem: the developed world is experiencing a recession which may slow Asia's growth down.
Leander Stähler

What next for the business cycle? - 1 views

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    This article looks at what part of the business cycle the Australian economy currently is in. The author describes in good detail how certain aspects of the ending of a recession; lower unemployment due to big firms laying off employees and low interest rates, and low inflation.
Talisha R

UK unemployment rate drops to 7.7% - 0 views

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    This article talks about how unemployment dropped from 7.8% to 7.7% in 3 months in the UK. The records also show that the amount of people claiming allowances has also fallen. This shows that job markets are recovering, also, it says that public sector employment has fallen while private sector employment has risen which shows that private businesses have recovered better after the recession.
David Weiss

Reforms In France To Further Constrain Short-term Economic Growth - 1 views

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    One of the last struggling economies of the EU, France is falling behind even Spain in their economic progress since the recession. To avoid only short term economic growth, but allow for growth in the future, Hollande has been planning to impose new tax and labor laws which favor French economic growth.
David Weiss

A Slow End to Quantative Easing Finally Allows for Growth - 0 views

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    To combat the negative effects of the 2008 recession, many banks employed quantative easing - selling securities and printing money in order to liquify commercial banks. Now that said easing is coming to a halt, proper economic growth is finally possible.
Tana Monk

Shoppers of all incomes are changing habits - 0 views

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    This article talks about how shoppers change their spending habits during the recession in America. 83% of survey respondents say that price is a major factors. They have taken different steps in cutting back on elastic goods like: Switching grocery stores, buying less clothes or not branded clothes. However, shoppers did not cut back on certain goods like meat and seafood, milk, coffee, and alcohol. That is because they are necessary inelastic goods. So even with a lower Income elasticity, people still have to buy inelastic goods.
Talisha R

Government Transfer Payments In The US: It's All About Health Care - 1 views

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    This article is about transfer payments in the US which is also part of the fiscal policy. The article talks about how 18% of personal income is in the form of transfer payments. They say this is a high figure mostly due to the recession and transfer payments were used as a method to stablise the economy.
Marc WuDunn

Where Have All the Raises Gone? - 1 views

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    This article describes the scarcity of raises in the United States, especially for those with a college education, due greatly to the recent recession. The article then goes on to discuss ways in which we can increase the number of "good" jobs for these college-educated students in the United States.
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