Another new high this year despite the U.S. stock market Noah Hanifin Jersey Youth , investors are generally optimistic about the prospects for U.S. economic recovery. However, the latest U.S. economic data were mixed, there are many economic outlook remains uncertain. More analysts began to worry about, following the real estate bubble burst, the local debt crisis may be the biggest problem facing the U.S. economy.
U.S. property market into a double-dip recession
Blizzard does not seem to affect the American consumer's shopping enthusiasm, according to MasterCard's consultants SPENDINGPULSE latest data Cam Talbot Jersey Youth , this November 5 to December 24, excluding auto sales, U.S. retail sales rose 5.5% , hit the biggest gain in 5 years.
However, the retail industry has not heard the good news to promote a further rise in consumer confidence. U.S. industry research organization The Conference Board released data on 28, December consumer confidence index fell to 52.5 Elias Lindholm Jersey Youth , showing U.S. consumers remain cautious about the economic situation. The index of 90 or more is considered state of the economy is healthy growth. IHG Global Insight chief U.S. financial economist at Shell, said repair, consumer confidence levels are still far from normal, you may want to return to normal until 2012.
In addition to retail, the U.S. real estate market is still not out of the woods. U.S. Standard & Poor's Case - Shiller Home Price Index showed that in October this year, house price index in 20 U.S. cities fell 1.3% over the previous month Travis Hamonic Jersey Youth , down 0.7% over September. U.S. housing price data provider Zillow Inc that the current U.S. real estate market, supply exceeds demand, prices will fall next year, more than 5%, until the bottom until the second half.
Well-known American economist, the "Dr. Doom" Roubini known that the U.S. real estate market is in a double-dip recession Sean Monahan Jersey Youth , house prices can only continue down the U.S. economy will not double-dip recession. Some analysts said that despite the higher than expected holiday retail sales growth, but consumer confidence fell, house prices continue to fall, oil prices also shot up, investors are expected for next year is not over-optimistic about the economic recovery.
Congress passed this month, the Obama administration's tax cut plan Mikael Backlund Jersey Youth , the world's leading rating agency Moody's warned that if the U.S. government deficit and debt levels continue to rise sharply, Moody's will consider in the next 12 to 18 months United States sovereign credit rating lowered. According to Moody's estimates that Obama's tax cuts would reduce the U.S. Treasury 700 billion to 900 billion U.S. dollars in revenue.
Local investors worried about the debt crisis
U.S. Federal Government's high level of debt has been a great concern in the market, where the debt crisis of the United States began to worry investors.
After the outbreak of the financial crisis, the U.S. government funding to the states a lot to make it out of trouble. But with the state government deficit, the lack of federal funds to fill the gap, debt has become increasingly serious. The first two years of economic recession led to sharp drop in local taxes TJ Brodie Jersey Youth , social security and other expenses increased, which makes some of the already debt-ridden local government matters worse, its solvency is questionable. California state government Zengyin fiscal emergency declared in huge deficit.
Whitney, the famous Wall Street analyst recently predicted that, following the real estate bubble burst, the local debt crisis may be the biggest problem facing the U.S. economy next year Mark Giordano Jersey Youth , the local municipal bond default by the United States will be a large number of outbreaks, involving an amount of up to hundreds of billions of dollars to the size of nearly 3 trillion U.S. municipal bond market impact.
"Bond King" Gross said it is closely following the trend of U.S. municipal bonds, these bonds yield is much higher than U.S. Treasuries, but it is worth noting that local government fiscal problems the U.S. has reached a similar level of the euro area.Many times you wait for an occasion to get together with family hoping that this time it will be different and many times you may feel disappointed.
When family get together you can see and hear the arguments that have not been resolve.
Sometimes the disagreements are in the open and sometimes it is hidden among the response of the people.
Obligation
You may feel obligated to attend because of your parents and tradition.
You may feel that you must talk to your family members and do not feel that you have anything in common.
Each time your family members see each other it is like pulling teeth. You may find that as you step in the door of your parent's home you take on the same role that you had with your family members before you left.
You may notice that your family members insist to hold you to that role although you attempt to get out of that role.
Your partner may join in and support the role your other members assigned you or they may stay out of it because they have heard you complain about it often.
Complaining
You may use their partner in life to help you to continue to complain, blame, or justify your point of view of why you are acting that way.
For some Matthew Tkachuk Jersey Youth , why or what was the problem and how did it get started may not be remembered, you just remember you are not getting along and may remind yourself not to forget just before you enter your parents home.
Rebuilding Relationships
It is difficult to decide to start rebuilding a relationship during a festive occasion.
During the year is a good time to rebuild a relationship with your family because it will help you during the festive moment come closer to celebrate.
Taking the first step toward healing ask lots of courage and compassion, it takes time and patience.