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Economics
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7 Tips For Establishing Your Credit Again After Filing For Bankruptcy
Many people believe that they will be unable to receive credit until seven years after filing for bankruptcy. This is simply not true. In fact, people should apply for credit as soon as possible after their bankruptcy has been discharged to start building up their credit again.
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Communities Forsaking Local Businesses To Attract Chain Stores
Sugarhouse in Salt Lake City is thriving with local businesses. These small shops make the area what it is - charming and quaint. However in the past five years as real-estate values in the area have skyrocketed more and more local shops are being sold by landlords for redevelopment for greater profit potential.
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Geographic Shift in Plant Locations of U.S.- Canadian Automotive Industry
In a recent paper circulated by leading Canadian automotive analyst Dennis DesRosiers, he pointed out that transportation costs and uncertainty about long delays at the Detroit-Windsor border crossing were pushing automotive manufacturers and suppliers away from the region - a drain that's already clear in southwestern Ontario and southeastern Michigan.
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DIBC Setbacks In Detroit And Windsor
Regulatory, legal and municipal actions affecting the Detroit International Bridge Company (DIBC) are summarized chronologically from news reports and official documents.
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China 2007 - The Property Revolution
March 2007 is going to be taken as the turning point in China's Economy, to become a full member of the World Capital Club. After decades of public and communal property, the Chinese government legalized individual property in cities and industrial environments, which is great news for those who consider capitalism as the economic way to development and economic growth.
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Ruined Rural Economy India - Metal Or Stomach Part 5
The article debates about the various pros and cons of last three anti-farmer budgets and its effect on common man. The various factors which ruined farming sector are analyzed. It discusses the need of debt economy for students, farmers and other common man. It suggests various measures to prevent further retardation of agro sector.
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Sub-Prime Lending Disaster Cometh
In the late 1980s and early 1990s we had the junk bonds and the S & L Scandals and now we have a crisis in the sub-prime lending banking sub-sector. During the height of the real-estate bubble too many loans were being made to folks who had marginal or less than marginal credit. Loans were made well above the actual equity value. Now the equity in many folk's homes has dropped by 20 percent or more, where does that leave the lenders?
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Why Revitalizing Urban Slums of the World will Not Work!
For those who get a chance in their lives to visit emerging nation's urban slums it is an experience that they never forget. Most everyone who visits them feels a great deal of empathy, even the most hardcore individuals. One cannot help but think something must be done, even take up the cause themselves to push awareness, motivate volunteers, influence political will or devout their lives to aiding the sick, weak and poor.
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Problems of Budget Deficits
A budget deficit occurs when Government spending is greater than tax revenues. For political reasons a budget deficit often occurs. Politicians never gain votes by raising taxes and cutting spending. With many major World economies facing a large budget deficit. It is worth considering the main economic disadvantages of Government borrowing.
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Different Types of Unemployment
Causes of Unemployment including frictional, structural, geographical and classical unemployment. Explanation of each type of unemployment
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Deflation And Its Effects On The Economy
Deflation means the value of your money increases over time, as opposed to inflation. Why is that bad for the economy? Read on - and put on your thinking caps!
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Low Inflation in the UK
Since the Bank of England was given independence in 1997 UK inflation has been close to the government’s target of 2% +/-1. This is a remarkable improvement for the UK economy. Previously the UK economy suffered from consistently high inflation. Eg in 1979 inflation reached 25%. In 1992 inflation reached 11%. Reasons for low inflation are a matter of debate. The question is how long will this continue?
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Economics and CEO Type Leaders in Government; Some Thoughts
Currently we have an MBA President and our economy is cooking along find, actually better than anyone could ever expect. Should we continue to have MBA Presidents? How about CEO Type Leaders in Government, many believe we should, even as they also say that government is not a for profit business.
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