WEALTHY: 7 ways to fix the economy - which one might actually work?
WISE: Christopher Morley on success
ALSO IN THIS ISSUE:
5 questions that will help you ensure success in life ]
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It's Good to Know... about the ultra-portable water purifier
Add "deus ex machina" to your vocabulary
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{text:bookmark-start} What's the Cure for a Sick Economy?
Take my word for it. We're in a recession. It affects you as an investor and as a consumer. Is there anything that can bring us out of this economic tailspin? It's time to ask a few questions about the leading candidates:
1. Inflation. If we can stop inflation and make the consumer feel better about spending, the U.S. could spend its way out of the doldrums, yes?
2. Fed cuts. Can the Fed stimulate the economy by cutting rates even more?
3. Employment. Will we have to wait for jobs to start increasing again?
4. Housing. Will nothing good happen until the housing market bottoms and real estate prices start to go up?
5. Credit crunch. The banks are in crisis. They're also not...