‘Cash Disruption’, GST Uncertainties Affected India’s Economic Momentum

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With BBBEE, ownership is just one of seven criteria upon which a company’s empowerment score is purpose of BBBEE is to create financial empowerment for the numerous groups who were not on an equal footing: all black folks, ladies, youth, the disabled, and those in rural areas.

Though the overall message we relay here is not very optimistic, everything is cyclical, and there will probably be more affluent instances after the coming monetary disaster we speak of. We consider that the U.S. won’t stop to exist for at least another 200 years, and the U.S. will seemingly shock many with its resiliency and subsequent financial triumphs.

It wasn’t until after many of the Bush tax cuts expired through the Obama administration that the post-Nice Recession recovery began to pick up steam—an ongoing recovery that, as uneven as it has been, has grown into one of the longest financial expansions in U.S. historical past.

America has some structural financial problems including extreme debt, an ageing workforce, younger staff who’re quick on vital qualifications, a confused and dysfunctional health insurance regime and a lack of job stability for lower-center-class staff in an era of technological disruption.