economy
Economy and the area of production, distribution, trade, and consumption of goods and services.
Improve SEO Score with Old Content
You have probably heard the proverb that wine becomes better with age. The older it gets, more valuable it becomes and its demand spiral up. Content is like wine in the digital world. It never goes out of date and its value gets increased as the dates passes. But with a condition.
By TechBound Innovations3 years ago in Journal
BANK RAISES INTEREST RATE TO 4.75% IN CANADA.
B How do you anticipate people to pay their bills going forward? YOU TOLD THEM IT HAD NO IMPLICATIONS. Long-term low interest rates would allow for unlimited borrowing by the public. NO PROBLEM WOULD ARISE. NOW? Interest rates have increased by four and a half percentage points over the course of a year, or 19 times. Canadians who trusted Justin Trudeau enough to take up massive multi-million dollar mortgages to afford the inflated homes in formerly affordable communities are now unsure of how they will pay their monthly bills. We already observe Canadians experiencing monthly mortgage payment increases of six and seven hundred percent, or six and seven hundred dollars. A LARGE SHARE OF CANADIAN HOUSEHOLDS WILL SEE THEIR MORTGAGE PAYMENTS INCREASE BY 40% OVER THE NEXT THREE YEARS, SAYS THE BANK OF CANADA. PLEASE CONSIDER WHAT THAT MEANS. A MORTGAGE PAYMENT CAN INCREASE BY $1400 IF YOU PAY $3000 PER MONTH. For a family who makes around $80,000 after taxes, that amounts to more than $15,000 a year. THAT VAPORISES ONE-QUARTER, OR IN SOME CASES, ONE-THIRD, OF THEIR ENTIRE TAKE-HOME PAY FOR INCREASES IN MORTGAGE PAYMENT. WE HAVE THE MOST INDEPENDENT HOUSEHOLDS IN THE G-7 AFTER EIGHT YEARS OF JUSTIN TRUDEAU, WITH OVER $2 TRILLION IN HOUSEHOLD DEBT. Or to put it another way, household debt currently equals the size of the whole Canadian economy. THINK MATHEMATICALLY ABOUT WHAT THIS MEANS. A 1% increase in the interest rate is equivalent to 1% of our GDP. A TWO PERCENTAGE POINT INCREASE, OR 2 PERCENT, ABOVE OUR ECONOMY'S AVERAGE ANNUAL GROWTH. IN ONE YEAR, WE SAW AN INCREASE OF 4% AND HALF. Although the word "crisis" often overused, I want you to take this into consideration because it is close to becoming one. IN 2026 AND 2027, THE PEOPLE WHO TOOK $1 BILLION MORTGAGES IN 2021 AND 2022 WILL BE UP FOR RE-EXTENSION. THERE WILL BE A SEVERE DEFAULT CRISIS WHEN THESE HUNDREDS OF BILLIONS OF DOLLARS OF DEBT COMBINE WITH THE MASSIVE INCREASES IN INTEREST RATES. I don't agree with that. According to a report released by the IMF last week, Canada is the G-7 country that is most at risk of experiencing mortgage defaults. I WON'T ALLOW IT, JUSTIN TRUDEAU, BUT YOU AND YOUR SPENDING, DEBT, AND TAXATION ARE RUNNING US DIRECTLY INTO A FULL SCALE FINANCIAL CRISIS. [Applause] The government does not set interest rates, it does, however, set the policies that cause inflation, which forces the bank to raise interest rates. Listen to the liberals themselves if you don't believe me. Former Liberty -- Liberal Deputy Prime Minister and Finance Minister JOHN MEMORY said that Justin Trudeau is pushing the inflationary gas pedal by spending so much money on writing these debt obligations while the Bank of Canada is applying the brakes with higher interest rates. RECENTLY, THE FORMER LIBERAL PREMIER OF NOVA SCOTIA SAID THAT DOMESTIC DEFICIT SPENDING, NOT GLOBAL FACTORS, IS WHAT IS CAUSING INFLATION. According to the Governor of the Bank of Canada, Justin Shirov cannot be held responsible for the current level of inflation in Canada because it is a domestic phenomenon. NOW, OTHER LIBERAL INSIDERS HAVE ACCEPTED THE SAME FACT. In other words, by operating these deficits, he is having the domino effect of driving up inflation, which in turn drives up interest rates, which may drive up defaults. REVERSING THE POLICIES THAT GOT US INTO THIS MESS IN THE FIRST PLACE IS THE SOLUTION TO WHAT DO WE DO TO SAVE CANADIANS FROM THIS FINANCIAL CATASTROPHE. >> [Applause] We assumed the liberals were in agreement because they had only recently announced an economic update that promised to balance the budget by 2027. HE IS NOW SAYING THAT BALANCED BUDGETS ARE RISKY. HE SAID HE WAS GOING TO DO IT SIX MONTHS AGO. THIS IS NOT A PROMISE MADE EVEN AHEAD OF EIGHT YEARS. This was six months ago when a finance minister wrote to her colleagues and said he will need to find savings to match the new spending. HE RUN FOR OFFICE ON HIS LOFTY PROMISES AND UNREALISTIC COMMITMENTS. She was correct when she said there was a fuel shortage. A BUDGET SHE INTRODUCED THAT PUFFED $60 BILLION OF INFLATIONARY FUEL ON THE FIRE WAS UP TO THAT POINT. For every family in Canada, that amounts to new inflation of $4200. CONSERVATIVES ARE RESULTING IN FIGHT. UNTIL THE PRIME MINISTER MAKES THE COMMITMENT TO BALANCE THE BUDGET IN ORDER TO BRING DOWN INFLATION AND INTEREST RATES, WE HAVE ANNOUNCED THAT WE ARE GOING TO USE EVERY PARLIAMENTARY TOOL IN OUR TOOLKIT TO BLOCK THIS DISASTEROUS, RISKY, AND INFLATIONARY BUDGET FROM PASSING. I'm announcing today that I'll be protesting this budget at around 7:00 p.m. I'll continue speaking out against it and blocking the inflationary train wreck until the prime minister stands up and offers a proposal to balance the budget, lower inflation, and lower interest rates. [Applause] The solution is to eliminate the inflationary deficit and bring home lower prices. A LOT OF THIS REQUIRES GOVERNMENT TO FIND A DOLLAR OF SAVINGS FOR EVERY NEW DOLLAR OF SPENDING, AS IT INVOLVES A COMMONSENSE DOLLAR FOR DOLLAR LAW. JUSTIN TRUDEAU MAY THINK THAT'S HARD, BUT EVERY SINGLE MOTHER, EVERY SMALL BUSINESS PERSON, AND EVERY FARMER FOLLOWS THE SAME DISCIPLINE EVERY DAY. You can either spend more money here, spend less money there, or get a deal on both. THEY MUST REDUCE THEIR MAINTENANCE BUDGET OR FIND A BETTER DEAL FOR ADVERTISING AND MAINTENANCE IF THEY WANT TO GROW THEIR ADVERTISING BUDGET. Small businesses operate in that manner. They balance their budget because of this. Small business owners are aware that budgets are not self-sufficiently balanced. WE WILL TRAVEL MISMANAGED AND AT THE WAIST. WE FOUND OUT THAT LIBERAL INSIDERS WERE BEING GIVEN CONTRACTS FOR UNNECESSARY GOODS LIKE THE ARRIVE CAN AT. A 35 BILLION DOLLAR INFRASTRUCTURE BANK THAT HAS BEEN IN EXISTENCE FOR FIVE YEARS WITHOUT COMPLETING A SINGLE INFRASTRUCTURE PROJECT WILL BE ASKED. In order to protect our social services and responsibly balance our budget while also bringing down inflation and interest rates before the massive influx of mortgages are due for renewal, we will route at waist and mismanagement. in order for families to maintain their homes. THEIR DOMICILES. THEY HAVE SECURITY IN THEIR HOUSES. TAKING IT HOME IS OUR JOB. By eliminating the inflationary deficits and carbon taxes, bringing about all-powerful pay checks with lower income taxes, and getting rid of gatekeepers, WE WILL BRING UP LOWER PRICES. Immigrants are able to work professionally because stations have access to resources. ON CANADIAN SOIL, WE CAN REDUCE -- PRODUCE OUR ENERGY. CANADIANS CAN AFFORD HOMES ARE WHAT WE WILL BRING. WE WILL BRING HOME SAFETY BY REMOVING GATEKEEPERS... MILLIONS OF NEW AFFORDABLE DWELLINGS FOR YOUNG PEOPLE TO BUY. A SAFETY WITH JAIL AND NOT BAIL FOR REPEAT VIOLENT OFFENDERS, BY ENDING THE WAR ON LAW-ABIDING LICENSED FIREARMS OWNERS AND GOING AFTER BORDER SECURITY AND THE REAL CRIMINALS INSTEAD, AND WE WILL BRING HOME FREEDOM BY ENDING GOVERNMENT CENSORSHIP ON THE INTERNET... Canadians can speak freely on these issues and others. THIS IS NOT A REVOLUTION AT ALL. THIS MAKES SIMPLE SENSE. UNITED FOR OUR COMMON HOME, IT IS THE COMMONSENSE OF THE COMMON PEOPLE. OUR HOME, YOUR HOME, AND MINE. THANK YOU
By Emmanuel Joseph3 years ago in Journal
Best Digital Marketing / Business Branding Agency in Akure, Ondo State
VOKSOFT is the best digital marketing and business branding agency in akure, ondo state, Nigeria. The agency is a subsidiary of VOKS Technologies, a technology company in Akure, Ondo state, Nigeria. And has been a top notch company in the industry since it's founding. The Company also won an TNNBP award as the "Top Branding/Digital Marketing Company of the Year" on 14th of June, 2023. They are well known for branding a unrecognized business to a top notch in no time, and also are highly reputable for their prowess in Search Engine Optimization (SEO), digital marketing, social media marketing and online business boosting.
By Godwin Uche3 years ago in Journal
The Mobile Phone Market Revolution in Africa
Mobile phone technology has undergone a stunning and unheard-of metamorphosis across the African continent during the past couple decades. Mobile phones have changed from being a luxury available to only a select few to being commonplace, linking individuals from rural villages to busy urban hubs. In this essay, the astounding development of mobile phone technology in Africa is examined, along with the effects it has had on the economy, education, healthcare, and communication.
By Muyideen Ayinla3 years ago in Journal
Florida grand jury involved in Trump documents probe by Justice Dept.
Federal prosecutors are using a grand jury in Florida as part of their investigation into the possible mishandling of classified documents at former President Donald Trump’s Palm Beach property, a person familiar with the matter said Tuesday night.
By Firenews Feed3 years ago in Journal
A ‘Payday Loan’ From a Health Care Behemoth
Alex Shteynshlyuger, a urologist with a practice in New York City, feels surrounded by UnitedHealth Group. He has seen the company gobble up private practices and says it’s slow to pay claims. It also started offering cash-flow services that, Shteynshlyuger says, feel a lot like payday loans.
By Firenews Feed3 years ago in Journal
China trade tumbles in May, adding to signs economic recovery is slowing
China’s exports fell 7.5% from a year earlier in May and imports were down 4.5%, adding to signs an economic rebound following the end of anti-virus controls is slowing as global demand weakens under pressure from higher interest rates.
By Firenews Feed3 years ago in Journal
The Most Stylish Cuffed Jeans Outfit Ideas For Fall
From true blues and playful prints to skinnies and relaxed boyfriend fits, there is a silhouette for every occasion. But it’s time to turn your attention to styling. Not to worry. As with all staples, there’s always a new styling trick to be tried. To prove it, today we’re bringing you five street style star–inspired and editor-approved ways to wear them this season that will have you feeling like a certified pro.
By Firenews Feed3 years ago in Journal
Setting Up Shop in a Profitable Neighborhood. Content Warning.
In this introductory paragraph, I will explain why picking the right location for your business is so important. Locating in an optimal zone can increase foot traffic, advertise your business, and improve productivity. However, there are several aspects to think about before settling on the best site. In this article, we'll discuss why a good location is crucial for a company's success, and we'll offer some suggestions for where to set up shop.
By Munnazir Zarin3 years ago in Journal
Starting a Business Without Any Capital
Going into business can be amazingly energizing, however the prospect of requiring significant funding to get everything rolling can plague. In any case, it's essential to realize that absence of assets shouldn't prevent you from seeking after your pioneering dreams. Numerous effective organizations have begun without any preparation with no underlying capital. In this blog, we will investigate functional techniques and imaginative ways to deal with assistance you launch your undertaking without the requirement for critical monetary venture.
By Mahnoor Malik3 years ago in Journal
