Archive for November, 2008

12 Nov

America’s Current Economic Downturn and the Solution

The current economic downturn is different from others in the past. That difference is based on the civilian employment base increasing by 9% during the past eight years, while the national debt increased 89% during the same period.
Consequently, fixing this economy means not only making credit available and reconciling the toxic loans, it means […]

11 Nov

Consumer Confidence Plunges as Cap Rate Recommendations Rise

The United States continues its predictable and inevitable slide into a recession. For more information on market cycles, please reference NetGain’s essay “Market Cycles and Income-Producing Real Estate.”
Highlights of the current U.S. economy:

The unemployment rate for October increased to 6.5% from the prior 6.1% rate for September
The Consumer Confidence Index for October is 38 (1985=100), […]