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Navigating a Downturn: Strategies for Business Resilience

Tom Spencer

For example, during the 2008 financial crisis Microsoft used its large cash reserves to continue investing in software development and R&D, which has paid off in the long run. Embrace Innovation Innovation can be a game-changer for businesses by simultaneously enabling them to operate more efficiently and open up new revenue streams.

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Inflation: Understanding its Impact on the Economy

Tom Spencer

Since 2008, the rate of inflation in the U.S. This can potentially lead borrowers, including businesses and governments, to experience financial distress and bankruptcy, causing them to cut back on investment spending. remained stable, at or below the Fed’s 2% target.

Policies 147
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What is the value of digital currency?

Tom Spencer

The value of fiat currency comes from social convention and government decree, which makes it acceptable as a means of payment. The global financial crisis redoubled these concerns, and it is no coincidence that Bitcoin was launched in 2008. Central banks are committed to debasing national fiat currencies by around 2% per year.

Banking 142
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What is digital currency?

Tom Spencer

Since the advent of Bitcoin in 2008, digital currency has been a growing trend and a growing area of interest for consultants, businesses, fintech investors, central banks, and governments. Over the coming decade, many more digital currencies will be created by entrepreneurs and governments. Reading Time: 6 minutes.

Banking 120
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Hollande Pleads for Creation of Eurozone Government; United States of Europe?

MishTalk

As if there is not too much government and too many meetings already, Hollande Calls for the Creation of a Euro Zone Government. French President Francois Hollande called on Sunday for the creation of a euro zone government and for citizens to renew their faith in the European project, which has been weakened by the Greek crisis.

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Cybersecurity 101: How to defend against cyber-attacks

Tom Spencer

Cybersecurity is important partly because of the huge costs that cyber-attacks can impose on governments, businesses, and consumers. When developers discover a bug in a software program or operating system, cybercriminals have a window of opportunity to exploit the vulnerability before it is fixed. Importance of Cybersecurity.

How To 105
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The age old tale of financial crises

Tom Spencer

The story of the 2008 financial crisis begins somewhere shortly after the death of Jesus Christ himself. The 2008 financial crisis saw Ben Bernanke, the then chairman of the Federal Reserve, providing money to banks across the United States following the collapse of the housing market and subsequent defaults of mortgage backed securities.