The Online Investing AI Blog

The last 12 months has been filled with economic uncertainty. We have had government spending and bailouts at unheard of levels. People have even said the government is taking over the banking industry. Unemployment is at a multi-decade high. Real estate prices have fallen 50% or more in many areas. Not long ago, some people were even predicting a great global depression.Now that those fears have been alleviated and the economy appears to be on the road to recovery, the pressure to shop is at an all time high. The internet is an outstanding source of information, and sales and shopping information is no exception.  Sites like DealNews have been a boon to shoppers everywhere. As Black Friday approaches, the scent of good deals has already thrown many into a buying frenzy.

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Money, Success, US Economy bailout, consumption, dealnews, economy, government, shopping, unemployment

Recently, as the stock market soars, there has been a large amount of news about how well the economy is doing. They say that the housing market has hit bottom, and that the economy is recovering. However, this article by the Associated Press is about how unemployment is rising.

Regardless of what the newspapers say, it is important to look at the fundamentals that drive the economy. The government has created massive band-aids to prevent a depression, and they seem to have worked. But it is important to understand the difference between a recovery and a temporary band-aid.

What effect will the band-aid have?

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Money, US Economy bailout, CNN, debt, deficit, dollar, economy, foreclosure, housing, media, Money, Obama, spending, unemployment, USA Today