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Welcome to the finance section of Bad Economy. Here we feature articles on the topic of finance and anything to do with money in this bad economy. If you have anything to add to an article, please jump in any time and add a comment at the end of each article.
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Stocks continue to dive on news of the latest job growth report from the Department of Labor. It reports that the jobs are not coming back as expected, and in fact if you take out census hiring, there was no job growth at all. Private sector hiring has practically dried up. The economic crisis in Europe continues to push the Euro into a decline of biblcal proportions on concerns about fiscal troubles. All this has lead to an increase in the rate of suicides by investors.
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Read more about investor suicides
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As the recession deepens and more people become victims of the worst recession since the 1930's, there is increasing pressure on individuals to find new ways to make money. The creativity and innovative ways people come up with has no limits.
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Read more on making lots of money...
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Cheating is when a person or organization misleads, deceives, or acts dishonestly on purpose. The government cheats the electorate, the banks cheat customers, and at this time of year everyone is cheating on their taxes. In the current economic climate, we are bending the rules, and seeing how far they can go and get away with it. We believe everyone else is too.
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Read more about cheating and what to do about it...
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An increasing number of people are suffering from comas, and keeping them alive is causing a growing drain on the healthcare system. With the worsening economic climate of a double dip recession, maintaining a large number of coma patients on life support has become a luxury that is too expensive to continue.
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Read more about the risks...
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The rise in mortgage rates at three of the big banks during the bad economy comes at a time when people have little more to give, causing ordinary people to take drastic measures. Some adult children are now bumping off their elderly relatives in order to collect on an inheritance that will keep them financially in the black.
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Read more...
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Yes, it's true. You no longer have to doubt that the investment market is after you, and will do whatever it takes to destroy your portfolio and even your very soul. It knows when you are in the market, rather like when you try to cross an alligator infested swamp. by the time you dip your toe in the water, they are swimming in your direction, and your welfare is not on the top of their list of priorities.
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Read more...
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"The Canadian housing market is strong, but it is not experiencing a bubble," Paul Jenkins, senior deputy governor of the Bank of Canada said recently. In order to catch up with the US, the Canadian Government is working to create a housing bubble of it's own, somewhere near New Brunswick. The idea is that so few people will want to live there, the demand will never keep up with the supply.
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Read more...
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With lots of companies strapped for cash, the trickle-down economy has even reached a type of assassin originally from Japan, known as ninjas. The demands for assassinations, and various covert activities that the average ninja specializes in, has remained low for the past year and a half.
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Read more...
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Canada's main stock market index has been under constant pressure in this bad economy, from investors to identify the good stocks from the bad ones, so that the investors would have an easier time making money. This comes after a four-week-long losing streak, which has upset many.
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Read more...
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This holiday season in North America was the worst on record, as many retailers struggled to make it through. Although inventory and staffing were cut to the bone, sales were even worse than expected. Many stores are wondering if they will continue to survive if the trend continues.
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Read more...
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As the economy continues to sink deeper, scientists have been working on a new approach to solving the global economic crisis. The plan is to go back in time and stop the economic collapse before it ever happens. If they can find a point where changing a few events can stop the economic meltdown, then the bad economy would simply not have happened.
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Read more...
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