Tags » Economy And Business
I read a couple of articles the other day about how China’s amazing economic growth may hit a wall because of overhanging debt.
Countries get in trouble when the overall debt—governmental, individual, business and financial—increases at a faster rate that the output of goods and services (GDP). 338 more words
I grew up and spent my early working years in the golden age of capitalism, which was from 1945 to 1976. Almost anybody—as least, any white American man—who was willing to work could get a decent job sufficient to support a family. 1,038 more words
Since the financial crisis of 2008, the UK economy has shifted quite significantly to one that relies less on state spending to provide jobs and growth, and which instead puts its faith in enterprise as the engine of prosperity. 573 more words