Thread: Recession

Originally Posted by Will.Spencer

The World Bank publishes the Doing Business: Economy Rankings, which serves as a rough high-level guide.[/LIST]

Great Info! A few surprises: US was #6 in Starting a Business (Online, for 20 bucks in most states) and #1 for employing people (Even in California/NY??)

The U.S. can be pretty random.

Colorado is pretty business-friendly, but not all states are. Illinois, New York, California, and Washington are places I've had trouble with mindless regulation which made it really difficult to do business.

Someone should make a report like this, but broken down by U.S. state.

Originally Posted by Will.Spencer

It's surprisingly easy to tell which economies will do well in the future by looking at which governments are making better economic decisions.

The World Bank publishes the Doing Business: Economy Rankings, which serves as a rough high-level guide.

Here are the top ten:

1. Singapore
2. New Zealand
3. United States
4. Hong Kong
5. Denmark
6. United Kingdom
7. Ireland
8. Canada
9. Australia
10. Norway

yeah nz beats australia

The World Bank publishes the Doing Business: Economy Rankings, which serves as a rough high-level guide.

Its remarkable how some governments of some countries have such a discouraging business mentality. We are running a local business in an African country and had to deal with the paperwork and the lenghty procedures involved just to get started. That is just the beginning. Once running, you have to deal with ridiculous tax laws, corruption etc. Not a problem if you are determined but a more stimulating policy would surely benefit the overall economy in the longer term. And thats something a continent like Africa needs.

Not to say anything bad about the country here because other than that it is a lovely place with friendly and remarkable people.

Originally Posted by Will.Spencer

Someone should make a report like this, but broken down by U.S. state.

CNBC Ranking (2008)
Forbes Ranking (2007)

Alaska's consistent on both studies....even with "too good to be true" government benefits...

I just attended a session with with speaker Todd Buchholz. Although he did not impress me at all...and lacked overall enthusiasm and charisma (his normal fee is 15K/speaking engagement!), I learned a few new things:
1. Japanese Housewives manage an estimated $15 trillion household savings.
2. Recent numbers show US exports have exceeded imports.

Originally Posted by krnchx

1. Japanese Housewives manage an estimated $15 trillion household savings.

Interesting indeed. Now find a way to unlock their online spending potential.

The World Bank publishes the Doing Business: Economy Rankings, which serves as a rough high-level guide.

Very interesting reading. You'll note that France (where I am based) is below Lithuania and just above Azerbaijan - not very impressive but completely consistent with reality!

Anyone here or read Google is laying off people now and closing down there engineering department in Texas? Guess this is worse then I thought when Google is laying off. Not sure if its directly related but heard about it on the news radio this morning.

I think they are laying off temp staff only.