Penny stocks. What’s the automatic reaction when people hear these two words?

“Don’t invest in them.”

I agree. Do not invest in them. What I mean by investing is buying shares of a penny stock and holding them for a long period of time (months/years) in hopes of having the price/share go up.

The majority of penny stocks do not hold their value over long periods of time. Don’t get me wrong, there are some penny stocks that have shown enormous increases in price over a long period of time, but they are too far and too few in between.

So what’s the solution? How do you make money from penny stocks?

You make money by day trading penny stocks.

What’s day trading?

Day trading is simply buying and selling shares of a stock on the same day.

But why would you want to day trade penny stocks?

Because that’s how you can make the most money in the shortest amount of time!

Penny stocks display the greatest daily percentage gains than any other stock on the market. Gains of 50-100% everyday are not unheard of. Here are some real life examples to illustrate my point.

02-09-2006 – AXIGE – 272%

02-09-2006 – VPER – 200%

02-13-2006 – PAPO – 136%

02-13-2006 – CKEI – 184%

02-14-2006 – PTSH – 366%

02-14-2006 – IELM – 115%

02-14-2006 – CSUA – 111%

02-15-2006 – LAMP – 149%

02-15-2006 – CTUM – 133%

02-15-2006 – JKRI – 116%

02-16-2006 – SEVI – 225%

02-16-2006 – RSMI – 93%

In just 5 days, you would’ve had 12 opportunities to potentially double your money!

In order to maximize the potential from these high percentage gains, you would day trade these penny stocks. You see, by day trading, you don’t run the risk of watching the stock price go down over the long term. You just buy and sell shares on the same day, sometimes even within hours and lock in your profits! You don’t have to worry about your stocks overnight because you’ve already sold them and made money!

That is the secret to making money from penny stocks. Just buy the shares, ride the increasing percentage wave, and then sell the shares at a higher price to make your profit.

The reason why so many people are not aware of this secret is that they immediately turn a blind eye to penny stocks. They don’t even bother to investigate how to make money off of it since their first impression of penny stocks is usually a negative one.

Those who keep an open mind and take the time to learn about penny stocks will discover their enormous potential for profit.

However, it’s not as simple as choosing a penny stock you think will do well. There are numerous factors that you have to look for, as well as several traps to watch out for. Taking the time to learn by reading and studying all you can about penny stocks, as well as paper trading (trading with fake money) to gain experience will help you succeed in making profits.

A lot of people view day trading as risky. However, if you think about it, the more knowledge and experience you obtain, the less risk you incur.

For example, if a person who has never gone snowboarding before was dropped on top of a mountain, his risk of making mistakes would be high. However, if he spent time on the bunny slopes learning and training, that same risk would be reduced significantly. The same thing applies to day trading. Taking the time to read and practice will greatly reduce the risks.

The beautiful thing about day trading penny stocks is that your analysis to determine which penny stock to day trade with is not as complex as the analysis done to determine which penny stock to invest in for the long term.

The analysis required to determine which penny stock to invest in for the long term requires a great deal of fundamental and technical knowledge. What’s the company’s PE ratio? How do their balance sheets look like? How’s their cash flow? (finding this information is even more difficult for penny stocks as some penny stocks do not have any earnings or revenue). Is the industry they’re in thriving? Who are their competitors? How are the support and resistance levels? What about candlestick charting analysis? Are they on an uptrend?

However, analysis done to determine which penny stock to day trade with only requires a few things to look out for such as buying pressure and volume, among other things. Remember, you’re literally buying shares at 9:34 AM and selling at 10:18 AM (just an example to point out the brevity of the situation). You don’t need to do huge amounts of analysis.

Read my latest articles on Investing in a hot penny stock and do check out my website for my other finance Guides .

Whenever you need cash right away, do you take out a short term loan? Well some of us pull money out of our savings, and others of us borrow money from friends and family. However, what do you do if you can not do that? Well, for the ones of us can not do that, a short term loan is the only way to go. This is the only way that you can get money that you need fast and without having to pay a lot of fees back. We are now going to talk about some of the things that a short term loan can do for you. We are going to cover why they are so helpful nowadays.

First things first; a short term loan is better than a long term loan when you are talking about fees. The longer you drag out any loan, the more money that you are going to have to pay on it. Even if the rates are higher on a short term loan, you are still not going to pay as much as you would on one of those long term loans. That is because you get the short ones paid off quicker, and that is what really matters. No one wants to pay a lot of fees, and the best way to avoid doing that is with a short term loan. Just keep in mind that some things have to be done with a long term loan, but if you can avoid it, then you should avoid it at all costs. It will save you a lot of money.

Another thing that is great about a short term loan is that they get you the money a lot faster. This is because you are not going to be using the money for very long. A lot of times people use the a short term loan to pay for things that happen without warning. For things like that, you have to use the short term loans, because the long term ones take too long to process. Really, a short term loan is the way to go if you need cash right away.

They can get you the money that you need, and get you moving with your life again. There is no reason to spend more money than you have to, and that is why people should use a short term loan.

A great thing about these kinds of loans, that you may want to note, is the fact that you do not have to have credit for a Short term loan. With a long term loan you have to have credit, and this can make it hard to get the cash you need. A short term loan can get you the cash you need right away, and you will not have to worry about your credit being bad.

A lot of people will try to build up their credit by using a short term loan. However, that can be an expensive way to build up credit. Of course, sometimes you have to do whatever works.

The next time you need money right away, or you think that something bad is about to happen, the best thing to do is get a Short term loans. This can get money in your pocket the same day that you go in to get it. In the worst case, you will have to wait one day to get it.

However, that is still a lot better than the longer term loans. A short term loan can save you if you ever find yourself up the river without a paddle.

Read my latest articles on Short Term Loans in 1 Hour – Overcome your Cash Crisis and do check out my website for my other finance Articles .

Wedding loans because wedding may be made in heaven but they are certainly not made for free.

The one day that encompasses the glamour, the thrill, the dreams, the nervousness, the apprehension, the happiness and the most profound feelings of your life is the wedding day. Everything is special from the wedding dress to the wine, to the tiny flowers hanging on the doorway of the church you choose with special care for your wedding day. So, if everything is so special wouldn’t you want to pick the best? The answer is definitely yes. At least the brides-to-be are saying yes. But reality bites and you think what about the expenses. ‘Expenses’ and now the grooms reading this are saying, now you are talking. How do we deal with that? Simple get a wedding loan.

Now, it can’t be that simple, am I joking or what? No, I am not joking, I know wedding is a serious event in one’s life. We want to handle wedding with care and wedding loans facilitate us to do exactly that. Wedding loans have been processed so that all the couples can make that all necessary expenses without thinking whether you have the funds or not.

We all know that weddings are not for free. Seventy percent of the couples are paying for their own wedding. Twenty five percent of them are applying for a loan to finance their wedding. More and more loan lending companies across UK are coming forward to help people who are planning their wedding. Wedding loans through finance companies enable to make that all important day more memorable.

Taking a loan makes most of the couples worried about the question of repayment. Most of the people don’t want to start their married life with debt. With so many wedding loan types, it is a shame if we don’t choose a loan that is nothing but the best. UK homeowners can take secured wedding loans. Take advantage on the equity on your home and obtain the wedding loan you require on the terms and rate of interest you want. Secured loans attract lower rate of interest and the loan lenders provide repayment options that you have fancied.

Loan companies have various finance plans to pay for expensive things like reception, hotel, honeymoon, wedding photography, wedding cars. There are several loan products even for parents of brides and bridegrooms, who want to finance the wedding of their children. Make it the wedding of their dreams by taking wedding loans against your property or home. Compare rates online to get flexible plans that satisfy your financial needs and also are in accordance to your repayment needs.

If you are a tenant, don’t be hassled. Loan companies have created this singular option of unsecured wedding loans. Pay for your own wedding through unsecured wedding loans. The services available are fast and waste no time in approving your loan application. In some cases the decision is made within 24 hours. The best part of an online loan lending service is that you don’t have to go through loads of paperwork. You fill a one page, easy online form and already your loan application is ready for approval. In unsecured wedding loans you require no collateral to get your loan approved.

Unsecured wedding loans cater to the needs of everyone – contract workers, self-employed, unemployed, retired, graduates etc. Regardless of your circumstance an unsecured wedding loan application is approved on individual merit. But more windows are opening and wedding loans are even given to people with bad credit history. CCJs, IVAs, defaults, arrears though treated, traditionally, with suspicion are easily getting their wedding loans agreed by the leading loan companies.

Unsecured wedding loans usually charge a higher rate of interest. Having a bad credit history can carry some occasional liabilities. But with the expanding resources in the loan market a wedding loan can be obtained that works according to your requirements. So surf the internet carefully and don’t stop on the first attractive terms you find. On the internet there is always scope for improvement.

Wedding has been denounced so many times, mockingly or otherwise; but you know better. You are getting married. Along with many things wedding also means financial decisions. Finances are integral to any relationship and most of all to a wedding. One wrong decision can spoil your special day and cast a lingering shadow on your coming life. Make a wise financial decision. Give this special gift to yourself and your spouse on this very special day. Get a wedding loan. Make a healthy start. Make the right start.

Wedding loans have become an ever increasing market and owns a lot to more and more couples paying for their wedding. Taking a loan requires a lot of effort and thought; you only need to understand your requirements and circumstances before you opt for one. Make your wedding a smooth sailing occasion by taking the suitable wedding loan.

Read my latest articles on Wedding Loans and do check out my website for my other finance Guides .

A bank account is very important for OFW since it will be the account where the money will be sent from abroad. Opening a new bank account can be hard since you do not know which bank is the best for your criteria. There are really many banks in the Philippines so selecting one is not easy. In this article, you can learn which bank to use to send money to the Philippines.

1. Banco de Oro

Last year, Banco de Oro or commonly known as BDO held the highest portion of OFW remittances so it was named by Central Bank o f the Philippines as the No.1 bank of OFW remittance. BDO has services that it exclusively offer to OFW and their relatives like the Kabayan savings account with only P50 initial deposit with no maintaining balance as long it will be used for remittance. Just like other banks, BDO has Internet banking, phone, mobile and ATM banking across the country.

2. BPI

Bank of the Philippine Islands (BPI) was named by Finance Asia the best cash management bank in the Philippines for 2009. I personally used BPI for my remittances to the Philippines. I think BPI is one of the best in terms of customer care and speed in responding to client’s problems.

3. Metrobank

Metrobank is a famousr bank in the Philippines and listed as a public company in the Philippine Stock Exchange. Last year, it belongs to the top five remittance bank of OFW. It has a wide network of branches not only in the Philippines but also in other countries like US, European countries, Korea and Middle East countries. Many OFW likes Metrobank because of its good customer service and plenty of branches all over the country.

4. Chinabank

ChinaBank ranks fourth as the largest universal bank in the Philippines by market capitalization. It is a member of BancNet, a famous bank organization in the Phlippines. Chinabank has many services through its 388 ATM and 248 branches across the country. One good benefit of using Chinabank is you can transfer money to other bank members of BancNet with just small transfer charge.

5. Union Bank of the Philippines

Union Bank is one of the biggest universal banks in the Philippines ranking 7th in terms of assets. It is a partnership among Aboitiz group, SSS Philippines and other companies. Union Bank is a stable bank which is listed in Philippines Stock Exchange. An OFW can send money to the Philippines using Union Bank through several ways such as bank to bank transfer, through remittance partners and via PayPal or Xoom.

There are many banks in the Philippines which you can choose from to apply a new bank account for sending money to the Philippines. It is recommended to select a bank which ca be trusted and has long experience in banking services. It should be also quick in responding customer’s needs.

Gily Tenorio is a finance blogger who loves writing on banking, saving, investing, stocks, mutual funds and make money online. For more details on how to open a bank account at Banco de Oro Philippines, you can visit Financial Management blog for more free articles on banking, saving, investing and online money making.

Many businesses who sell on credit often find their working capital in short supply. To meet this shortfall they often use invoice discounting to supplement this need. This is an arrangement with a finance company which will advance a sum of money against the company’s outstanding sales invoices which are used as collateral.

When an agreement is reached with the financier, the company receives 75% to 80% of the value of the invoices immediately. In exchange for this money they must pay interest. Sometimes this interest is rather high, however they are only paying on the remaining balance, not on the original amount as one would do with a bank. As new sales invoices come in the process is repeated.

It is the complete responsibility of the company to collect on these invoices. If something goes wrong and it is not paid then they are out the money. With companies who use the practice of invoice discounting on a permanent basis this can cause a problem and the financier can start refusing to accept some or all invoices. These invoices are collateral for the cash advance, the same as property can be collateral for bank loans.

There are advantages and disadvantages to this type of money handling. When cash is in short supply it keeps the company operating on an even keel or even allows them to do some expansion. However, if it is known that a company is working with this method it can sometimes put their own ability in jeopardy as far as obtaining things on credit. Also, once this kind of procedure is begun it is very hard to make other arrangements as there is a dependency on this cash flow.

Some companies enter a factoring agreement with the lender. Factoring is very similar to discounting in that it provides a cash flow on the sales invoices involved. However, factoring differs in that it is the lender who takes over the invoices and makes the collections. When using this method it soon becomes known that the company is having money problems.

Some companies come to depend on this type of ready cash and it takes a lot of financial know-how to be able to calculate these costs into the amount the customers are charged. In some cases it may require so much of an increase that customers go elsewhere to find lower prices. Also, once in this situation, very few companies find a way out.

With today’s economy many companies are finding it difficult to keep their working capital at a point to have a smooth operation. Sales invoices are part of the life blood of a company and are valuable. The choice of invoice discounting or invoice factoring is an option but should be considered carefully. In arriving at a decision all costs of the business must be calculated, including the cost of the product and regular business expenses, in order to determine how much is needed to end up with a profit. There are a large number of businesses that have found they can have a profit and a working capital using this method of financing.

Get complete details and information on the benefits of effective business finance assistance! Now you can get invoice discounting fast and easy when you have an efficient team working with you!

When your business needs a fast influx of cash, invoice factoring can be a good way of getting it. Instead of waiting for your clients to pay on your invoices, you get cash for them as soon as they are sent. You will never again need to worry that you will get paid on time.

Companies that offer the invoice factoring servicing will pay you immediately, upon receiving a copy of the customer’s invoice that you have sent out. They will pay you a percentage of the invoice amount. Once the invoice has been collected on, you will then get the remaining amount, less a minor fee.

Although you will not get 100% of the amount you have invoiced for, you will save time and money in other ways. You will no longer have to worry about following up on unreceived money, for one thing. And, you will have the money wired directly to your account which can save you trips to the bank. All in all, you will stand to save a lot of time and money that used to go into your accounts receivable and billing departments.

This service gets you money immediately and also relieves you of the worry about debts that you have to collect. The company that does your invoice factoring handles this for you. Debt collecting is an entire job on its own and it requires the right person to do it successfully. A service of this type may make the difference between you receiving most of what is owed or none.

How much is going to be charged in a fee as well as how much cash you can get right away is dependent on a few factors. Mainly, the company will look at your customers’ credit worthiness, your particular industry and how much you send them each month in invoices. They will also take into consideration how much each invoice sent is generally worth.

Invoice factoring can be thought of like getting a bank loan or cash advance. In this case, however, you don’t need to qualify for it. Also, you will pay much less in fees.

Using invoice factoring may not be a smart choice for every business. However, depending on your circumstances, it could be very helpful. With it, you can lower costs, get cash right away and give someone else the headaches involved with debt collection. Consult with a few companies to find out what they’re willing to offer your business.

Looking for a great way to get cash flow into your business quickly? Get the low down on invoice factoring now in our complete invoice finance overview.

Business factoring is a finance method that allows a company to sell their accounts receivable to another company. This is usually done before actual sales. Factoring is not to be mistaken as a loan. Although it may seem so, this is not a full exchange of money, but the factoring firm buys the sales invoices as collateral in return for cash. Companies that use this financial practice, like to use it as a way to prepare for stocking up and being ready for a surplus in sales.

The term accounts receivable applies to billing clients in exchange for a service or any goods. This is the asset that factoring business buy as a means of collateral towards financing.

Most financing practices involve some risks, but factoring seems to be a method that pushes the risk factor higher. The reason is that a lot of the companies dealing with this method may not be able to produce profitable results to pay off this money agreement. This usually a costly venture for the primary company in comparison to seeking out and acquiring normal bank loans.

Factoring often involves the fact that a company is selling their invoicing as a discounts rate. The company buying them often takes of the responsibility of any debt collection. To eliminate past due bills by selling invoicing at a lower amount is called invoice discounting. In doing this, as a business succeeds, they can pay bills, and retain a interest rates.

There are pros and cons about factoring. Some of the pros are getting money quick, cutting debt, and not having to deal with debt collectors. The cons usually involve the fact that can be extremely expensive to use this method. The final amount spent is normally higher than when the accounts receivable were originally purchased.

Factoring fees have been known to be as high as ninety-percent.

Financing by factoring is not a quick way to get cash. Although the process is not as difficult as getting a bank loan, it often requires revealing information to prove that a company has solid assets. One of the biggest concerns is that factoring firms are looking to see if the business has paid bills on time.

A couple of terms that come up in factoring are recourse and non-recourse. Both of these deal with how a company can handle debt collection. With a recourse agreement, the primary company will take on the responsibility of collection agencies. Non-recourse agreements take the burden of debt collection off the primary company and the factoring firm takes the responsibility.

Business factoring should not be a primary decision in financing. Companies who are start ups, have no credit, or even have a little credit may find this the best choice since a lot of banks may not issue a loan. However, it is important for any company to check out all competitors in the factoring business to find the best rates.

Like any financing plan, a company should look at their resources, marketing plan, and be prepared to divulge this information to a factoring business. As long as the company can pay bills on time, acquiring money through factoring should not be a problem.

Get more information and details about the advantages of working with factoring companies today! Ease your cash flow issues fast and easy when you take advantage of the opportunities offered by a factoring business.

Doorstep loans are a very useful way to borrow money, but many people overlook them when seeking credit. Everyone is aware of the main high street sources for loans, but for anyone with credit problems or court judgments against them these are simply not an option. More and more people turn to the increasing number of payday loan companies, which can be a way of overcoming bad credit issues, but these are very limited in terms of how much you can borrow and for how long.

With a payday loan you can only borrow a small amount, and more importantly, you have to pay it back in full as soon as you next get paid. The big advantage of doorstep loans is that you can still borrow a very small amount (or more if you wish), but you can take much longer to pay it back. The need to repay a payday loan in full so quickly is what can lead to problems for so many people who use this type of lending regularly. Being able to spread the repayment over a much longer period has a far less drastic effect on your finances.

You will typically be able to get anything from 50 to 500 the first time you use doorstep loan companies, but you can then borrow up to 2,500 once you are an established customer. The main difference between doorstep loans and all other types of borrowing is that your repayments are collected at a regular time each week by an agent who comes to your home. These people operate all over the country and usually come from within your own local community.

What most people value about doorstep loans is the regular contact with the agent and the relationship of trust that builds up. The agent is then well placed to understand your circumstances and can advise on how much you can and cannot afford to borrow. A good doorstep loan company will pay agents a commission based on what they collect, rather than the size of the loan you take, which means there is no incentive for them to advise you to borrow more than you can afford.

With any type of borrowing you need to look carefully at the interest rates for any loan you are considering. You will see that doorstep loans usually have a higher APR than a standard personal loan, but that is to be expected. The fact that they lend to people with bad credit means that their risk of loss is greater, so their interest needs to be higher. They also have to cover the cost of paying agents to do all the weekly collections. You should still find that good doorstep loan companies will charge far lower interest rates than any payday lender would.

When you are looking into using doorstep loans you should check that the interest you are quoted includes all other costs too, and that it will not change. Some less reputable companies quote a lower interest rate and then apply late payment charges, admin fees or insurance charges. Make sure that the interest rate includes everything and that the amount you agree for your weekly repayment will never change.

If you wish to consider using doorstep loans you should first follow recommendations for well established and reputable lenders, with well established networks of agents all over the country. It is safest to avoid any new or small companies, as there is no point in taking unnecessary chances with an unproven organisation.

Read my latest articles on Doorstep Loans and do check out my website for my other finance tips .

Doorstep loans are a very useful way to borrow money, but many people overlook them when seeking credit. Everyone is aware of the main high street sources for loans, but for anyone with credit problems or court judgments against them these are simply not an option. More and more people turn to the increasing number of payday loan companies, which can be a way of overcoming bad credit issues, but these are very limited in terms of how much you can borrow and for how long.

With a payday loan you can only borrow a small amount, and more importantly, you have to pay it back in full as soon as you next get paid. The big advantage of doorstep loans is that you can still borrow a very small amount (or more if you wish), but you can take much longer to pay it back. The need to repay a payday loan in full so quickly is what can lead to problems for so many people who use this type of lending regularly. Being able to spread the repayment over a much longer period has a far less drastic effect on your finances.

You will typically be able to get anything from 50 to 500 the first time you use doorstep loan companies, but you can then borrow up to 2,500 once you are an established customer. The main difference between doorstep loans and all other types of borrowing is that your repayments are collected at a regular time each week by an agent who comes to your home. These people operate all over the country and usually come from within your own local community.

What most people value about doorstep loans is the regular contact with the agent and the relationship of trust that builds up. The agent is then well placed to understand your circumstances and can advise on how much you can and cannot afford to borrow. A good doorstep loan company will pay agents a commission based on what they collect, rather than the size of the loan you take, which means there is no incentive for them to advise you to borrow more than you can afford.

With any type of borrowing you need to look carefully at the interest rates for any loan you are considering. You will see that doorstep loans usually have a higher APR than a standard personal loan, but that is to be expected. The fact that they lend to people with bad credit means that their risk of loss is greater, so their interest needs to be higher. They also have to cover the cost of paying agents to do all the weekly collections. You should still find that good doorstep loan companies will charge far lower interest rates than any payday lender would.

When you are looking into using doorstep loans you should check that the interest you are quoted includes all other costs too, and that it will not change. Some less reputable companies quote a lower interest rate and then apply late payment charges, admin fees or insurance charges. Make sure that the interest rate includes everything and that the amount you agree for your weekly repayment will never change.

If you wish to consider using doorstep loans you should first follow recommendations for well established and reputable lenders, with well established networks of agents all over the country. It is safest to avoid any new or small companies, as there is no point in taking unnecessary chances with an unproven organisation.

Read my latest articles on Doorstep Loans and do check out my website for my other finance tips .

Mark A Cella on the Effects of Our National Debt

The Effects of the National Debt Are Far Reaching. America Sinks Further Into an Economic Quagmire While the New World Order Boldly Instills Police State Rule in US.

The effects of the national debt can vary depending on whether the discussion involves an individual, a family, a business or another government entity. Our collective debt has rendered Americans defenseless against the rising tide of elitist influence.

The most popular effect is one widely distributed by the media and by the opponents of whoever happens to be in office at the time. In this scenario, the total national debt is divided by the number of people living in the United States at the time.

The result is a personal or individual debt, an amount of money that each person is supposedly responsible to repay.

In reality, each individual won’t have to actually come up with this amount of cash, but the method does allow people to get to a level that is easier to understand than a trillion dollars. Currently the U.S. national debt is estimated at something more than $10 trillion, (in reality it’s more like $100 trillion, but $10 trillion is what the treasury tells us) taking into consideration all the money owed to all creditors around the world.

More than half of this is public debt, which means that the government owes money to individuals, businesses and other countries that have loaned money by buying Treasury notes, bills, bonds and so on. The remainder is inter-governmental debt, money that the federal government owes to itself because it borrowed funds from a government agency such as Social Security.

Mark A Cella a Conservative Explanation About the National Debt

The $10.6 trillion that the United States government owes is the largest national debt of any on the planet.

That fact alone is one of the effects of the national debt, in that other countries and U.S. citizens carry with them a feeling of apprehension because the debt is so huge.

One of the key effects of this huge national debt is the inter-governmental borrowing from the Social Security fund, primarily because the Baby Boomer generation is starting to tap into the benefits they expected to get for working all those years.

The federal government is going to have to get funds from somewhere to replenish the Social Security hope chest so that this large number of retirees can be paid the benefits they have coming.

Mark A Cella on Our National Debt

Financial analysts and economists have also pointed out another of the effects of the debt, with details on how the size of the debt is discouraging other nations from investing more in the United States.

When considering the national debt, it is also necessary to bring in the dreaded tax word, because it may be necessary for the federal government to raise taxes on income, or some other area, to keep up with the interest payments on the debt.

Not only that, but the dollar is not seen as such a strong currency when the federal government is so deeply in debt. Add to this the concern that overall prosperity might be in jeopardy due to the size of the national debt and the future begins to look a bit more bleak.

Mark A Cella on the Effects of Our National Debt

Some economists say they believe that it isn’t quite time to be concerned about the effects of the national debt because the U.S. economy overall is so massive.

In this argument, the economists point to the fact that the national debt was 125 percent of GDP (gross domestic product) after the Second World War. By comparison, the debt has been between 40 percent and 70 percent since that time.

However, these same observers of the economic scene note that, even we aren’t alarmed just yet, people should be concerned that so much of the GDP goes to pay interest rather than being used for social services, infrastructure and other uses. In any case, it is important to understand the effects of the national debt even if we can’t do much about them.

Want to find out more about Mark A Cella, then visit Mark A Cella’s site on for a variety of humor and serious topics Mark A Cella.