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Great Wealth Strategies, LLC is a resource that looks to understand where and how wealth is created by following the personal decisions of Erik Henyon. Here we look at what works, and what doesn't work for my situation and can provide access to the individuals that support my wealth goals at the highest level.
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Monthly Archives: December 2012

Home · 2012 · December
Global IPOs down to lowest level in 5 years
28 Dec

Global IPOs down to lowest level in 5 years

By Erik Henyon, in Comments

One major concern, experts told Bloomberg, is that these companies can’t guarantee that there will be a fair assessment performed by potential investors.

Spain’s troubled financial giant, Bankia, on the verge of collapse
27 Dec

Spain’s troubled financial giant, Bankia, on the verge of collapse

By Erik Henyon, in Comments

As part of its efforts to regain its financial position, the bank stated that it would be forcing shareholders – many of whom are Spanish citizens – to accept significant losses on their investments.

Japan’s Liberal Democratic Party takes power, economic fears return
26 Dec

Japan’s Liberal Democratic Party takes power, economic fears return

By Erik Henyon, in Comments

Due to Japan’s importance in the global economy, both as a major center of finance and technology businesses, volatility in its bond markets could cause a rippling effect in other areas.

As change in leadership approaches, could Italy suffer more economic challenges?
24 Dec

As change in leadership approaches, could Italy suffer more economic challenges?

By Erik Henyon, in Comments

News reports from the Italian media have stated in recent days that, despite his official resignation, so-called technocrat Mario Monti, who has served as prime minister since Silvio Berlusconi stepped down, has expressed a willingness to continue serving.

22 Dec

What A Year 2012 Has Been! 75 Economic Numbers From 2012 That Are Almost Too Crazy To Believe

By Erik Henyon, in Comments

http://investmentwatchblog.com/what-a-year-2012-has-been-75-economic-numbers-from-2012-that-are-almost-too-crazy-to-believe/#l6ohGBFUjHKBOIKy.99  

Fiscal cliff disaster: Republicans bail on “Plan B”
21 Dec

Fiscal cliff disaster: Republicans bail on “Plan B”

By Erik Henyon, in Comments

Tense negotiations between the moderate and conservative factions in the House Republican caucus failed to gather enough votes to ensure passage.

Third quarter GDP rises by 3.1 percent, but what does it mean?
20 Dec

Third quarter GDP rises by 3.1 percent, but what does it mean?

By Erik Henyon, in Comments

The U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) released the Gross Domestic Product (GDP) readings for the third quarter of 2012 and, according to the results, the U.S. economy grew by a modest 3.1 percent during that period.

20 Dec

Video – Too Big To Prosecute This Time!

By Erik Henyon, in Comments
Too big to prosecute? Major British bank avoids litigation over terror finance links
19 Dec

Too big to prosecute? Major British bank avoids litigation over terror finance links

By Erik Henyon, in Comments

Most notably, however, is the concession from U.S. officials that the primary reason that HSBC was not fully prosecuted was that because it is a systemically important institution. In simpler terms, it’s too big to fail.

Chained CPI: Deficit reducer or accounting gimmick?
18 Dec

Chained CPI: Deficit reducer or accounting gimmick?

By Erik Henyon, in Comments

With a chained CPI, annual benefits wouldn’t accumulate so much. As part of a budget plan, this methodology would create “savings” by virtue of the government accumulating less debt than previously expected.

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Great Wealth Strategies, LLC is a resource that looks to understand where and how wealth is created by following the personal decisions of Erik Henyon. Here we look at what works and what doesn't work for my situation, and we can provide access to the individuals that support my wealth goals at the highest level.

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