Are they working? No.
UK ECONOMY:
We're a bit screwed really! The Pound is dropping like a stone meaning that we have to pay more for imports, which is really scary seeing as we have virtually gotten rid of our entire manufacturing sector. Our economy has shrunk half a percent in the last quarter, and I have not even mentioned the Credit Crunch.
Most people in the UK seem to think all that has been going on is not relevant to them. The housing market is in steep decline but something even more frightening is about to happen, and those who are younger are unlikely to remember such an occurrence in their lifetime; forced sales. Now that the economy is contracting unemployment will rise, meaning that more people will be unable to service their mortgages. I dont know about you but when I look at the prices of homes in London for example I was always baffled by how so many people could earn enough to fuel the demand. I suspect many lied in order to get the loans th...
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)