Posts Tagged recession
Dark, ominous clouds have hovered over South Africa for many years; those clouds have developed into a raging storm that may become a destructive cyclone. The South African financial slowdown has now accelerated into a plunge into an official recession this month as second-quarter growth domestic product (GDP) figures showed a shrinkage of 0.7%, the […]
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Leave a Comment (Each Wednesday I publish one of my earlier columns that I hope will be informative, instructive, and sometime inspiring. At times, it is infuriating! The following column was published in 2008. It was a fantastic year when the stock market boomed and major U.S. companies made huge profits in domestic and foreign markets. New technology […]
Continue Reading →Posted in: economy
Leave a Comment (Each Wednesday I post one of my old columns that I think will be interesting and informative if not inspiring to my readers. Today’s column was published in 2007: DUMPies are Destitute Unprepared Mature People who had “confidence in the system” and who were “sure everything will work out all right.” However, their faith […]
Continue Reading →Posted in: economy
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