Why the US Economy is Ok

Americans endured what was known as one the worst recession since the Great Depression of the 1930s in 2008. The housing market boomed and then crashed – everything else went along with it. The job market was brutal, and wages simply were not competing with the rapid inflation of those times. And even though the actual recession is technically over, we are still recovering from the damage that the recession has done 7 years ago. Even more, we have seen that the stock market in the past couple of days has shown dramatic drops.

Will the Greek Debt Crisis Affect Your Finances?

The Greece debt default has been a major story in Europe for the past several years and has been a major influence on currency markets and international stock markets. Now that Greece has officially defaulted on its debt, the belief is that the country may be about to exit the European Union. Could the issues surrounding Greece's finances have an impact on your personal finances?

Will the US Dollar Equal the Euro in the Near Future?

The American economy is rebounding quickly from the recession, while the currencies of many other countries remain stagnant. This can be seen in the relative value of different currencies. While the Euro and other currencies are not bouncing back, the US dollar is stronger than ever. In fact, there is speculation from top names such as Goldman Sachs and other top firms that the dollar may soon be equal in value to the Euro.

Hurts So Good

Dollar bills

At its most basic level, economics is really the science of trying to explain and predict human nature. Everything we do throughout a day, every decision we make, is based on supply, demand and price.

Even things we do that seemingly have nothing to do with money can be boiled down to these principles. Where you sit at lunch, the friends you choose and even whom you married can be explained through economic terms. (A word of advice—don’t tell your spouse you married him/her because of supply, demand and price. Trust me, that conversation doesn’t go over well.)