Global Economy: How low can go

The global economy continues to show signs of slowdown, which many economists fear, and the second round of the credit crisis and recession double dip dip or three, perhaps to warn. Many investors are still shocked and still on the fence, not sure if you look hard earned money into the stock market, or to harbor a safer like bonds. Recent reports and data, so the production, especially in areas such as the European Union (mainly English) and China fell, even weaker than expected and predictable. Service-industry in Europe to supervise the work and a shorter period. These data together with the U. S. Federal Reserve Bank of sounding the alarm bells recently warned the U.S. economy is facing a significant risk of relapse receding faster than a middle-aged men, the hairline. For grief is the fact that prices and values ​​of commodities such as pork belly and lower stocks worldwide.
What is clear analysis and financial specialists and policy experts is that there are very real economic slipping happens. The fact is that we now live in an era of global economy. No more dreams or aspirations. May have a delay (or rise) in the ripple effect of a country’s economy, which can be either positive or negative.
Where we are now, even in the traditional economy the strongest in Europe (from Germany and France), economic growth has stopped almost flat-line level. Uncertainty in financial markets could cause a decrease in production. Delays in durable goods industries, the stock market crash, etc.

Your Financial Targets

Approaching the end of the year, which means one thing, it’s time to think about your New Year’s resolutions. Are you struggling to make ends meet, is large with a view on credit card debt or the risk of foreclosure last year, is a resolution on the list of everyone to set new financial targets and improved.
The best way to get the new year with a new beginning that your financial goals into smaller, more manageable goals.
A first plan
Research has shown that people who take the time to write their financial goals more opportunity to plan and accomplish goals. Make a list of your financial goals for the coming new year does not have a long list of targets to be included. Instead, you choose 5 areas of your financial life you want, how to improve:
First Create a budget – some people actually take the time to all their expenses and write the right budget their income every month. There are several online tools available to help you create a budget for your bills and recovery costs. By putting your money, you have more money left over to get to your destination.
Second Prioritizing spending – you see them spending priorities in order of least important. Rent or mortgage must always be the highest priority, followed by other major expenses such as utilities and food will follow. By prioritizing your expenses on paper, you can not identify areas of significant spend less.
Third Pay extra on one or more sources of debt – if you have a better idea about your budget and the cost is in the foreground, you can display additional funds must be used to pay debts, to begin to be identified. Begin with the payment of all worth the extra money on the card with the lowest amount until it is to do the same for both cards with the lowest balance, and so on. 4th No additional open credit accounts – make an appointment with yourself, because they no additional lines of credit for one year. 5th Save money – save money is always important, but many people simply can not be targets.
With so many companies to reduce their pension contributions, it is never too early to start saving for retirement.