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Category Archives: Recession

Issues related to global and local recession, depression, unemployment, credit crunch, bankruptcy, factors behind boom and bust.

Shrinking Banking Sector in the Age of Globalization



The global dynamics of business are changing with huge consequences for the international trade and commerce industry. One of the biggest changes taking place is in the financial sector. The banking industry is going through one of the worst periods … Continue reading

Obama’s Second Term: Implications for the Global Economy



The wait and anticipation have come to an end. Barack Obama has won the US presidential election of 2012 to serve the President’s office for 4 more years. How these next 4 years are going to be for global economy, … Continue reading

Spain’s Deteriorating Economy: How and Why?



Spain is a land of history, football, beauty, architecture, bull fighting and so much more. Recently it has added another adjective to the list; economically destabilized country. Since 2008, Spain has started experiencing a majorly nose diving economy. First Greece, … Continue reading

What Grexit will Mean for the World Economy



Greece exiting the Euro, or “Grexit” as it’s become known in the financial news will have profound implications for the world economy, but it may be the only viable option. When we look at Greece’s current woes, we have to … Continue reading

The Banking Crisis Still Looms Large



Take a drive through your city in any developed country… Look at office complexes, industrial parks, and through residential neighborhoods. What will you see the vast majority of the time? “For Sale – Seeking Tenant,” “For Lease” and “For Rent … Continue reading

Impacts of Looming Oil Crisis on Global Trade



The availability of oil is taken for granted every day by businesses, governments and individuals alike. However, an oil crisis is looming and could feasibly hit at any point. This brings back memories of the oil shortages during the 1970s, … Continue reading

Strategies for SMEs affected by recession



The current harsh economic climate has had a serious impact on businesses of all sizes, with many companies being forced out of business. Throughout this recession, the media have largely focused on larger businesses while thousands of small and medium … Continue reading

Greece Situation, a Dilemma for Europe



Greece is the birthplace of democracy, philosophy and the Olympics. Unfortunately, it’s now the birthplace of a modern-day financial catastrophe. The events transpiring in Greece are a potential preview for what is on the horizon for the United States if … Continue reading

Now Is the Time for Entrepreneurs



An economic downturn can represent despair and hopelessness for people who are experiencing financial problems. The loss of employment, bankruptcy, foreclosure and other financial catastrophes are happening in large numbers throughout the entire world. As riots are happening in the … Continue reading

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