Rise and fall of the American Dream

What is America the land of dreams for the last 50 years? What is America separate from the rest of the world? These questions have fascinated me all my life. I read an interesting article in the Wall Street Journal the other day, which has interesting possibilities. He said the main reasons for living the American dream, especially after the 1970 "credit" or "leverage" was. Unfortunately, these two words, Americans have begun, most of this fearDays.

Secret U.S. Economy

America has always been a land of innovators. But waking up to an innovation for life, it is imperative for companies to gain access to cheap credit. This is where the U.S. banking system came to America Help. banking system helped to start this company. As these companies are cheap credit, has grown. It 'grew and created ripple effects throughout the industry and the lives of middle-class American. Itis a known fact that about 70% of the U.S. population is employed by small industries. Therefore, the jobs of about 70% of the U.S. population, because the U.S. financial system.

Where the U.S. financial system went wrong

Some of these benefits have been severely damaged by some CEOs and their underlings exploited. If the system is designed, not to say that banks / credit providers should issue a thousand loans in relation to the range of a few hundredDollars for individuals, the 20-30 dollars per year, or people who have little or no credit history. Now that these companies have collapsed, are the fault system. People are blaming the financial system for their problems and questions Every taxpayer dollars for companies That Go victims of bad policies, which were held by Their head was made. To make matters worse, the U.S. government as part of populist measures allparticularly on the implementation of systems to complete system. Just last week the House of Representatives passed the bill with 17 amendments Malooney.

The bill, according to many experts is to kill all the revenue streams of a credit card industry. Last quarter BAC (Bank of America) for $ 1.7 B loss in its credit card division, and Chase (JPM) lost around 540 million dollars. In these environments, if the government attacks the primary sources of income, is essentiallyKill the industry. Industry experts predict that, if it is a law soon to get a credit card would be a luxury for people with good credit only grown. That people would buy back in cash and credit cards. This in turn adversely affect the sales of electronics stores like Best Buy, furniture stores like Pottery Barn. Government is also limitations for the NSF fees charged for checking accounts. Not a bit 'too much regulation? Moreto educate people on how to do the right thing, rather, the government chose to reach the parameters of the game itself, particularly if these parameters have contributed to the country enjoys a position to change the time on the international financial map.

If all these rules go through American financial industry would again return to the 363 model year 1950. Meaning, receives a fixed amount of 3% to give a huge industrial, 6% and go to play golf at 3:00 clock. On paper it looks impressive,It is a curse for the growth we experienced in our lifetime. It would not be small businesses such as banks can not provide loans to these industries. Therefore, we reject the innovation and the American dream begins to deteriorate.
Impact of recent developments on the stock market.

could fall dramatically, given the above reasons DJI the next six months. Investing in options is probably the best at the moment. To purchase options, we recommend usingOptions Xpress suggestions to your stockbroker online bookmark.

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