Thursday, January 29, 2009

Zero Interest Rates Can be Working


The interest rates of federal funds have been lowered to 0.25 percent recently due to recession. Though the number seems so low, it seems that it is still not working.


According to a survey from Goldman Sachs, the lowered rates of federal funds are still not working effectively enough to stimulate the nation’s economy form gloom. Then what interest rate can be working? Is zero a good number? The answer, surprisingly, is no. They say that it is only when the Federal Reserve cuts the interest rates to negative 6 percent, it will work out.

This is going to hurt the US economy more. Already we are in turmoil of low running businesses and plummeting economy. All the major banks are already struggling to survive in middle of this chaos.

The zero interest rates is what are needed to work out for now. But by 2010, the Federal Reserve might require to cut the rates.

Saturday, January 17, 2009

The Critical Age to Avoid Being a Drug Abused

There might be many situations and many temptations in life, which drag you towards using some kind of drugs. And slowly the abuse turns to addiction.

This is the same pattern continuing repeatedly, in the cases of millions of drug-abused worldwide.

In a study, which was conducted recently, it was found that children, who get drug abused before the age of 15, are more likely to become addicted compared to other age groups.

And in the case of female drug abused in early ages, the chances of becoming pregnant before the age of 21 are more, compared to the non drug-abused.

The age between 13-15 years is very crucial as more and more children fall prey to the drugs and alcohol at this very age.

This is the very age where children, having jumped into teenage, get more freedom in their life. This is also the very age where children get attracted to bad or good, easily.

So, if your child is in this age, be more careful.