The American Dream is turning into a horrible nightmare as new statistics reveal that the average net worth of a household has dropped by 40% from 2007-2010. This is a serious threat to the middle class which has been disappearing for quite some time now. Soon America will be left only with the very rich and very poor. No more ... Read More »
Global Economy on Brink of Total Collapse
Till last week it was only the European economy that was in crisis, with new statistics coming in, it is now confirmed that the U.S. and the Asian Economy are also falling fast, as a matter of fact too fast for comfort. It has been the same since the 2008 recession, through it might seem like the economy recovered after ... Read More »
Eurozone unemployment Hits Historic 10.9 Percent
The unemployment rate in the Europe has reached a record high percentage of 10.9. In times like this we really have to wonder, what are our ‘leaders’ doing? Why did they let this happen? From the looks of it, all efforts to recover the economy seems futile. While the world at large seems to be doing good, Eurozone has continued ... Read More »
Germany gives up Nuclear power plants
Germany has become the first nation after the Japan fallout to announce a complete shut down of Nuclear Power Plants by 2022. Way to go Germany. You deserve a standing applause! Nuclear Energy which was once thought to be a blessing for Power generator has became an headache since its origin. In the span of 50 years, we came across ... Read More »
Japan in Recession!
Japan is officially in recession. The devastating Earthquake and Tsunami has pushed Japan into worst stage of recession. The technology boom Japan was the one of the few countries that battled out the 2008/2009 recession thereby giving hope for the other countries to battle out recession. However, Japan has become the first country to enter Recession this year 2011. According ... Read More »
US unemployment touches new low
US unemployment rate has been continuously falling down as per authorities. From 8.9% this feb, it has gone down to 8.8% last month that is March 2011. However, it is unfortunate to report that most job seekers have been pushed to elect the low paying jobs for their livelihood. According to the US Department of Labor, Employers created 216,000 jobs ... Read More »
Unclaimed Money : How do i claim my Unclaimed Money?
How do i claim back my money? If this is your question then i say we possibly have an answer for that. Its been estimated by US government officials that there is about $32 billion dollars left unclaimed by its respective owners. Holy cow, back in 09’s and 10’s, people lost everything they had thanks to recession and here we ... Read More »