gdp

UK GDP Annual Growth Highest Since 2007, Investors Positive

2007 signalled the housing crash in the U.S. which arguably plunged the world into recession, but now the Office for National Statistics (ONS) is suggesting that the UK economy is growing.  Q4 of 2013, for example, saw growth of 0.7 percent, and gross domestic GDP growth of 1.9 percent – the highest it has been […]


How Consumer Debt In The U.S. Has Affected The Recession

Among all the news about the falling stock market, corporate bailout, and lavish CEO bonuses, there’s a macroeconomic trend that’s not being discussed: consumer debt. In macroeconomic terms, consumer debt is debt that comes from the purchase of goods that are consumable and do not appreciate in value. A lot of economists view consumer debt […]


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