6 Unknowns, Which Are Relevant To Our Economy!

Many things would be easier and more rewarding if we could accurately and consistently predict the future. This would make things like, investing successfully in real estate investment, buying a home (at the most favorable time) and evaluating job/ career opportunities, and many more, an incredibly more simple task! There are numerous risks in the world. These can be significant to the condition and performance of the economy. With, that in mind this article will attempt to briefly consider how to look at, analyze, and discuss, 6 specific, inconclusive issues,which, are related, significantly, to many components, etc, of our economy.

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1.The effects of massive deficits:The United States of America is currently facing large/large deficits. This is a first in American history. Following the tax law of 2017 that caused an estimated $1.3 trillion deficit, this trend began! It grew bigger due to the need for greater amounts of public assistance in line with the humane requirements due to the effects and ramifications of the terrible pandemic! Many politicians are hypocritical in opposing and promoting deficit spending when it is in line with their political agenda. This leads to a significant contradiction in how we manage and move forward federal funds.

2.The recession/inflation, check out:The Federal Reserve Bank’s policy on money and interest rates typically determined by fears or perceptions of potential threats like inflation or recession. Traditionally, they use policies that make the cost and ease of borrowing, based mostly, on reactions instead ofProactIt is possible! If inflation is anticipated the interest rates will rise and when they believe they will be able to boost the economy they loosen their policies and lower rates! These rates are historically low. Could this be a method of manipulation or are they well thought-out policies?

3.Interest rates uncertainties:What can the rate of interest stay low for? Are they based on sound strategy or are they influenced by politics or manipulations? These numbers are often the determining factor in many aspects of our economy which includes housing (mortgage rate, etc.) and their effects on stock markets, etc. What are the possible consequences of uncertain times?

4.Future housing/ real estate market:The market for real estate has been stable for a long time.Market for sellersBecause of the high demand for qualified buyers houses are now up for sale How long can this last? The mix of pent up, demand, resulting from the pandemic as well as record-setting low, mortgage rates, is causing a major growth or increase in the cost of homes! Will this continue or will it slow down?

5.Future industries and jobs:We need to be prepared for the future with job and career training that is driven by future needs. It would make sense to concentrate on training former coal workers, and other workers in environmentally sustainable industries like, cyber-security, renewable energy, security and more?

6.Importance Climate and Environment Public Health:It’s not good for the long-term sustainability of our nation and our planer if our top priorities aren’t in areas such as climate, environment and health-related public sectors. Aren’t we owed, at the very least, this, to future generations? When, partisan politics, and populism seem to motivate, many public leadersto put off their work, when they ought to be proactive, isn’t that, an immediate, and obvious danger?

Unfortunately, not much, of consequence/significance gets done when politics becomes a greater influence than effective strategies tactics, actions, and strategies! Will you demand better, sooner instead of later?

Richard has run businesses as a COO director, CEO, Director of Development and consultant. He has also run events, consulted to hundreds of leaders, and led personal development seminars for over four decades. Rich is the author of three books, as well as hundreds of thousands of articles.

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