When you’re bankrupt, there are many things that you can’t do. You can’t freely spend your money and you can’t even apply for a simple loan. The reason to this is that you’re already a high risk to lenders and…
The tough economic times continue in the US and around the world. Countries are much more interrelated now and a financial crisis in one country can affect the whole world.
The biggest problem for quite some time has been jobs. There just aren’t enough of them to go around and companies are hesitant to hire due to the uncertainty in the economy. They feel it is better to not commit money to new workers until they can get a better idea of what the business climate will be like in the months and years ahead.
