You might have read (and enjoyed) reading one of my previous posts, 7 Best Countries to Invest In. It has become one of my most visited posts in the past month and has a lot of interesting information on these seven countries.
I am going to turn the tables now and tell you the countries that have the worst economies in the world. Doing this list will allow people to see some common trends in these countries and help investors identify some trouble spots. Plus, its just interesting for anyone interested in finance to see how things are shaping up around the world after the Great Recession. To identify trouble areas, we list them in red so you can see what is each countries weak spot.
What’s really going on with the real estate market? Does anyone really know?
Last year, I gave you the best and worst housing markets for the 2009 year, with the average percent fall (and very rarely, gain) in selling prices.
This year, real estate prices seem to follow no pattern. In some areas, they are recovering from their 2008 price lows and in other areas, foreclosures keep piling up. Investors have it tough… speculators are everywhere, pointing to positive signs in the economy one day and then predicting doomsday the next.
Almost one year ago, we predicted, correctly, the inevitable bankruptcy of some large corporations in 2009 (Old Article). As the highly volatile market of 2009 is slowly fading into the “Reconstruction” era model of 2010, consumer spending has slowly been realigned from the “wants” to “needs.” Although confidence has gone up slightly from last year’s holiday season, more and more Americans are finding out that the green linings in their wallet have disappeared.
Subscribe for E-mail Updates
New on SmarterSpend
- How Hire a Contractor for Less Without Sacrificing Quality
- Top 5 Craigslist Scams to Avoid
- 8 Companies Facing Bankruptcy in 2011
- The Ultimate Personal Finance Blog Rankings from MoneyCrashers!
- Investing in Health Care: 3 Innovative New Drugs to Watch