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Inertize News Brief

· Tuesday, July 15th 2008 at 3:55PM · 213 views
At my presentation to the New Church of Faith Mission address: Greetings it's an honor to be amongst the body of Christ in presenting such a festive presentation. I would like to give an honor to Christ who's first in my life and to whom all praises are due. I would like to thank Pastor Watson, first lady, and the New Faith Ministries' congregation for a blessed opportunity. It grieves me to say that our economy is in a huge onslaught due to fluctuations in the economy due to National Fiscal Policies. A huge job loss has set off recession alarms. Within the past six months employers have slashed 80,000 jobs. The national unemployment rates have climbed 5.1%, the highest since Sept. 2005. Job losses rate rose 3/10 of a %, associated with a deep economic stress. Labor Department describes it as influenced by housing, credit, and financial crises, both businesses and job seekers are suffering. Job losses have spread widespread last month hitting workers, factories, construction companies, retailers, banks, real-estate firms, and temp agencies, mortgage brokers, hotels, computer shops, accounting firms, architecture, engineering companies, legal services, airlines, transportation, and telecommunications. Conrastingly these cuts affected employment gains at hospitals, health-care sites, educational services, child day care providers, bars/restaurants, insurance companies, museums, zoos, and parks, private employers have shaved jobs totalling a job loss of 232,000. The economies problems are causing businesses to hanker down, crimping, spending and making hiring a vicious cycle. Businesses have become conservative, says Joel Naroff-Pres. of NAroff "Economic advisors. With so few consumers expecting conditions to turn around in the months ahead, the outlook for the economy continues to worsen and the risk of a recession continues to increase. I am working on small business development to create jobs and wealth for my disparaged community through innovation. I have created a summary of economic statistics displaying growth and potential markets to invest in. For investors I know that it is tough to agree on where to invest due to unpredictable markets. You see as financial markets de-lever in other words, as banks trim exposure to exotic investments and cut lending to consumers, hedge funds, and corporations-the risk of a commodities or emerging markets collapse intensifies. Basic market mechanics have been broken down. Typically, high prices in the future market serve to stimulate new production. Over time, that brings down prices. If you interested in learning more or sponsoring my efforts please contact Gregory R. James at www.myspace.com/inertize.

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