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WELCOME TO MY REVIEW BLOG
Hi, this is Damien. I am very interested in earning real money from the Internet. The intention of this blog is to share with all what I have learnt and experience so far.
For those interested, I would add news, tips and articles which I wrote or found interesting here.
For any one who is really interested in becoming an Internet Marketer or trying to earn extra money from working home, I urge you to check out the Wealthy Affiliates programme which is one of the best in the market.
For those interested, I would add news, tips and articles which I wrote or found interesting here.
For any one who is really interested in becoming an Internet Marketer or trying to earn extra money from working home, I urge you to check out the Wealthy Affiliates programme which is one of the best in the market.
Friday, December 5, 2008
Sunday, February 10, 2008
Useful Terms
I was reading an article today in the Newspaper by Dr Money. I found that the below terms are quite useful for those interested in the movement of the economy.
And here they are:
Recession - Refers to a period of at least six months of no growth in the economy.
Depression - Refers to a period worse that recession. There has not been a real term yet to define it.
Monetary Policy - Lowering or Increase of Interest Rates by government or central bank
Fiscal Policy - Government spending and tax cuts
Unemployment rate - Number of People (above 15 years old) who are not employed, but looking for employment divided by the number of unemployed plus employed people.
Foreign Currency Reserves - A central bank's holdings of Foreign currency such as USD, Euro, yen or gold. Usually this would guraantee the strenght and stability of a currency.
Interesting note that for the past two decades, Singapore had experienced a major recession in 1985 and 1997-1998 with exception of 2001 due to Sep 11 attacks. Would the year 2008 be the next major recession in a ten year cycle? The reason behind it was the booming property market and the bubble effect that had been going on from 2007. Let's stay tune and watch.
And here they are:
Recession - Refers to a period of at least six months of no growth in the economy.
Depression - Refers to a period worse that recession. There has not been a real term yet to define it.
Monetary Policy - Lowering or Increase of Interest Rates by government or central bank
Fiscal Policy - Government spending and tax cuts
Unemployment rate - Number of People (above 15 years old) who are not employed, but looking for employment divided by the number of unemployed plus employed people.
Foreign Currency Reserves - A central bank's holdings of Foreign currency such as USD, Euro, yen or gold. Usually this would guraantee the strenght and stability of a currency.
Interesting note that for the past two decades, Singapore had experienced a major recession in 1985 and 1997-1998 with exception of 2001 due to Sep 11 attacks. Would the year 2008 be the next major recession in a ten year cycle? The reason behind it was the booming property market and the bubble effect that had been going on from 2007. Let's stay tune and watch.
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