The reasons why China has flatter business cycles than the US:
1. A major part of China economy is comprised of state-owned businesses / national enterprises with very large capacities and economic powers. Anything bad that happens to the economy can be immediately and silently negated without going public. Fluctuations are there, just not known to people.
Government officials and economists the world over have had great difficulty, especially in developed countries, in stimulating job growth to a material degree in their respective economies, ever since the millennium crossover. Productivity has continued its steady rise up the scale, but according to most economics textbooks, these gains are supposed to lead to more jobs, higher wages, and greater wealth accumulation, but such has not been the case for a disturbingly lengthy period of time.
The world economic system refers to the world’s nations, their individual financial systems, and the associations that connect them in an international marketplace. However, the total collapse of the American housing market  and the global economic disruption that trailed in 2008 brought the phrase “economic meltdown” into focus. For people crushed under a heavy load of credit card debt, a debt settlement program provides them with a sigh of relief. Times are tough and it’s now an accepted fact that a majority of the people are handling some sort of debt or the other. Whether it’s US or Europe, people are finding it difficult to make ends meet, despite working hard.
Think business intelligence and what’s the first thing that comes into your mind? Let me guess, most probably it would be something along the lines of an undecipherable jumble of numbers, tables and charts that you really have no interest in, right?
Anyone who has ever had to work for a living and manage the costs of living knows how very important it can be to budget living expenses, and reduce them to as low an obligation as possible. It’s easy to cut out things like fast food, entertainment, and miscellaneous shopping costs, but it’s also helpful to know that you can cut costs associated with the necessities, too. One such bill that can be adjusted is your automobile insurance bill. Here are seven tips for saving money on automobile insurance.
There have been countless articles, interviews, news segments, and specials devoted to the current housing crisis. Foreclosures have, sadly, become a very real and almost daily occurrence in many cities. Prices fluctuate wildly, and property taxes are leaving some homeowners out in the cold. For people trying to sell their homes in the current housing landscape, deciding how to price their property can feel like walking a tightrope. Multiple factors affect property value, and without a clear understanding of them, a homeowner can find themselves in possession of a home that has lost value, or unable to sell their property because the value is too high.
The idea of consumer equilibrium can sometimes seem a bit confusing upon first hearing. This is often because it has been explained in a complicated manner. The reality is that consumer equilibrium does not need to be such a complex concept. Hopefully by the end of this article you will have a much better idea about what is meant.