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      <title>Remake of Remake of State of the Economy PBL by Corey DeRop</title>
      <link>https://padlet.com/deropc/phase26</link>
      <description>Phase 2 Business Cycle</description>
      <language>en-us</language>
      <pubDate>2017-05-09 11:02:18 UTC</pubDate>
      <lastBuildDate>2025-12-23 19:40:10 UTC</lastBuildDate>
      <webMaster>hello@padlet.com</webMaster>
      <image>
         <url></url>
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      <item>
         <title>United States</title>
         <author>deropc</author>
         <link>https://padlet.com/deropc/phase26/wish/170721742</link>
         <description><![CDATA[<div>The United State is currently in the early growth phase of the business cycle.&nbsp; This is most obviously seen in the slow, but positive GDP growth rate of .7%.&nbsp; Inflationary pressures are beginning to develop as our rate of inflation climbs to 2.4%.&nbsp; Unemployment has slipped down to 4.4%, putting our economy in a state of full employment.&nbsp; Wages are also beginning to increase.&nbsp; As wage growth is the last indicator to move as an economy exits its recessionary phase, I'm confident in stating the U.S. economy is exiting recovery, and entering a period of growth.</div>]]></description>
         <enclosure url="" />
         <pubDate>2017-05-09 11:02:18 UTC</pubDate>
         <guid>https://padlet.com/deropc/phase26/wish/170721742</guid>
      </item>
      <item>
         <title>Brazil </title>
         <author>jezowskichase</author>
         <link>https://padlet.com/deropc/phase26/wish/170826580</link>
         <description><![CDATA[<div>The country of Brazil is currently in the early stages of recovery. The countries GDP growth rate has plummeted to a -2.5 percentwith the target being between 3 and 4 percent. GDP growth rate inst the only with there inflation levels are at a shocking 4.57%. another thing taking a turn for the worse is there unemployment levels with a rate of 13.7% with the target of 4%. . It's sad to say the country of Brazil has a very long g road to recovery if it wants to bounce back. </div>]]></description>
         <enclosure url="" />
         <pubDate>2017-05-09 17:05:20 UTC</pubDate>
         <guid>https://padlet.com/deropc/phase26/wish/170826580</guid>
      </item>
      <item>
         <title>France</title>
         <author>seavermorgan</author>
         <link>https://padlet.com/deropc/phase26/wish/170826814</link>
         <description><![CDATA[<div>In the country of France is currently facing the the start of slow recovery in the business cycle. The GDP growth rate has been rising at a slow rate, it is at .8% but in the 5 year trend it is slow rising. Inflation in France is at a low of 1.2%, but is slowly going up at a steady pace. Unemployment in France is an issue though, 10% of the country is jobless, and it is steadily going up. Wages though are incredibly low, .2% and are still decreasing. Do to high unemployment, low wages and low GDP, it is safe to say that the economy in France is on a slow road to recovery</div>]]></description>
         <enclosure url="" />
         <pubDate>2017-05-09 17:06:12 UTC</pubDate>
         <guid>https://padlet.com/deropc/phase26/wish/170826814</guid>
      </item>
      <item>
         <title>Italy</title>
         <author>harringtonmorgan</author>
         <link>https://padlet.com/deropc/phase26/wish/170826939</link>
         <description><![CDATA[<div>Italy is currently in a recession on the business cycle. This is shown by the GDP growth rate of 1%. The inflation rate is 1.8% and continues to increase slightly, suggesting growth. The unemployment rate is at an all time high at 11.4%.  The wage growth is at a low of .4% making it almost nothing as a increase in wages. Unemployment is the largest point to indicate that Italy is in a recession. I am certain that Italy is at that edge of entering a expansion but still in the growth phase.&nbsp;</div>]]></description>
         <enclosure url="" />
         <pubDate>2017-05-09 17:06:34 UTC</pubDate>
         <guid>https://padlet.com/deropc/phase26/wish/170826939</guid>
      </item>
      <item>
         <title>Venezuela </title>
         <author>richardskailyn</author>
         <link>https://padlet.com/deropc/phase26/wish/170826958</link>
         <description><![CDATA[<div>Venezuela is currently in a deep recession state on the business cycle. This can be seen in the way that GDP is at -18.6% and decreasing slowly. Target GDP is 3-4%, so they are not in a good place. Venezuela's unemployment is currently at 7.3%. They are slowly increasing, target unemployment rate is 4% showing a big part of their population is jobless and it is still increasing so less and less people are in the work force. Inflation is currently at 741% and increasing. Inflation target it 2% and their money is not worth anything.They don't have to save their money because it is not worth anything and it is just getting worse. With inflation at almost 800% increase and unemployment increasing to -19% I can confidently say Venezuela is in a recession.&nbsp;</div>]]></description>
         <enclosure url="" />
         <pubDate>2017-05-09 17:06:36 UTC</pubDate>
         <guid>https://padlet.com/deropc/phase26/wish/170826958</guid>
      </item>
      <item>
         <title>Mexico!!</title>
         <author>sydneyisag</author>
         <link>https://padlet.com/deropc/phase26/wish/170827049</link>
         <description><![CDATA[<div>I believe Mexico is in an early growth. Although its GDP is still at 2.7%, in the past year it has been slowly increasing. Their inflation is at 5.35% and in the past year and has been continuing to rise, which shows sign of a growing economy. &nbsp;Mexico's unemployment rate is also below the target 4% at a 3.19%, and has been decreasing for the past 5 years. The GDP- Per Capita has also been increasing the past 5 years and personal savings has been decreasing, which shows sign of good times. </div>]]></description>
         <enclosure url="" />
         <pubDate>2017-05-09 17:06:56 UTC</pubDate>
         <guid>https://padlet.com/deropc/phase26/wish/170827049</guid>
      </item>
      <item>
         <title>France</title>
         <author>tyfish813</author>
         <link>https://padlet.com/deropc/phase26/wish/170827073</link>
         <description><![CDATA[<div>France is currently in the early growth phase. This is shown in the annual GDP growth rate of 0.8% for the past couple years and is very low. Inflation is at 1.2% which is almost perfect. The unemployment rate is at 10% which is bad for the economy because the target rate should be at 4%. Unemployment should be on a rise in the next couple years.  &nbsp;</div>]]></description>
         <enclosure url="" />
         <pubDate>2017-05-09 17:07:00 UTC</pubDate>
         <guid>https://padlet.com/deropc/phase26/wish/170827073</guid>
      </item>
      <item>
         <title>France is currently just coming out of a rescission. There annual GDP growth is a positive  0.8%. They have been very slow the past few years but starting to pick it up. Inflation is at a steady 1.2%. Unemployment has grown to 10%.its current trend after 1 year is down. There wage growth is slowly increasing at 0.2%. Even tho there unemployment is so high i think that France is in the recovery phase of the business cycle.</title>
         <author>bluenathan</author>
         <link>https://padlet.com/deropc/phase26/wish/170827102</link>
         <description><![CDATA[]]></description>
         <enclosure url="" />
         <pubDate>2017-05-09 17:07:07 UTC</pubDate>
         <guid>https://padlet.com/deropc/phase26/wish/170827102</guid>
      </item>
      <item>
         <title>Spain</title>
         <author>haasdylan</author>
         <link>https://padlet.com/deropc/phase26/wish/170827124</link>
         <description><![CDATA[<div>Spain is currently in the growth phase of the business cycle. It has an annual GDP growth rate of a 3% but it goes down during a year and does better in the 5 year trend. There rate of inflation goes to 2.6%, which is a little high. Unemployment is extreamly high with a 18.75% and they did not show what the wage growth of Spain is so I can say that Spain has a long road ahead to recover.</div>]]></description>
         <enclosure url="" />
         <pubDate>2017-05-09 17:07:12 UTC</pubDate>
         <guid>https://padlet.com/deropc/phase26/wish/170827124</guid>
      </item>
      <item>
         <title>Japan </title>
         <author>schmidtjoshua</author>
         <link>https://padlet.com/deropc/phase26/wish/170827390</link>
         <description><![CDATA[<div>In the country of Japan they are currently at a early growth on the business cycle. This is most clear to see in the annual growth rate percentage which is at 1.6% which is just  below the target growth rate. The inflation rate also reflects this as it is 0.2% which is very low but it is showing an upward trend from previous years.This is also seen in the unemployment rate which is at 2.8% which is right around were you would like it to be. Wages are also starting to go up for the people in japan with a 0.4% increase in wage growth. I am confident in saying that Japans economy is starting on an upward trend.</div>]]></description>
         <enclosure url="" />
         <pubDate>2017-05-09 17:08:05 UTC</pubDate>
         <guid>https://padlet.com/deropc/phase26/wish/170827390</guid>
      </item>
      <item>
         <title>China(:</title>
         <author>beltzjordan</author>
         <link>https://padlet.com/deropc/phase26/wish/170827726</link>
         <description><![CDATA[<div>I believe that China is slowly falling into a small recession which can be scary.&nbsp;Their annual GDP growth has been&nbsp;decreasing little by little and is at 6.9% GDP growth. Their inflation is at 0.9% but is also continuing to decrease which is also a sign of a recession. Their unemployment is good and is at an 3.97% which is the target and very strong in China as of now.&nbsp;</div>]]></description>
         <enclosure url="" />
         <pubDate>2017-05-09 17:09:06 UTC</pubDate>
         <guid>https://padlet.com/deropc/phase26/wish/170827726</guid>
      </item>
      <item>
         <title>Россия (Russia)</title>
         <author>ottjoseph</author>
         <link>https://padlet.com/deropc/phase26/wish/170827883</link>
         <description><![CDATA[<div>The country of Russia is currently in an economic recession you realize that the inflation rate is double the target and the Unemployment rate is 5.4% when the target is 4%. The corporate tax rate is flat-lined along with Personal income, and Sales tax it reminds me of home. The Interest rate is through the roof at 9.25% sooner or later their currency is going mean nothing in a few years. The main GDP (annual growth rate) is at .3% and making a trend downward same thing with Per Capita at 11,039 per dollar. The personal savings rate is left in the dark again, with spending too I guess their money is their problem. &nbsp;</div>]]></description>
         <enclosure url="" />
         <pubDate>2017-05-09 17:09:41 UTC</pubDate>
         <guid>https://padlet.com/deropc/phase26/wish/170827883</guid>
      </item>
      <item>
         <title>Venezuela is currently in of of its worst recessions of all time. With an annual GDP growth rate of -18.6% and still climbing, there economy is so far in the whole they may never climb out of it. With an Inflation rate averaging 800% over the last year and also still climbing, the value of the Venezuelans currency is no more worth than dirt.The people are better off spending their money as soon as they get it rather than saving it, because the price of their currency just continues to decline.  An unemployment rate in the country is at 7.3%, which is not extremely high, but it is above the target Unemployment rate of around 4%. Unemployment however is on a downward trend over the past 5 years, and is slowly making its way back to the target. </title>
         <author>bauermatthew1</author>
         <link>https://padlet.com/deropc/phase26/wish/170828437</link>
         <description><![CDATA[]]></description>
         <enclosure url="" />
         <pubDate>2017-05-09 17:11:22 UTC</pubDate>
         <guid>https://padlet.com/deropc/phase26/wish/170828437</guid>
      </item>
      <item>
         <title>Japan</title>
         <author>jaceehayden</author>
         <link>https://padlet.com/deropc/phase26/wish/170833143</link>
         <description><![CDATA[<div>Japan is just coming out of a recession and is in the early stages of a recovery. Their annual GDP growth is 1.6%, and slowly increasing, showing that Japan is starting to recover. Inflation is low at 0.2% and very, VERY, slowly falling, but this is still better than August 2016 at -0.5%. Unemployment is a problem at 2.8%, proving that Japan needs more people to bring the unemployment rate back up. This also puts Japan in a state of full employment. Over the last year wages have decreased by -0.4%, but over the last five years it has been steadily increasing. I feel confident in saying the Japan is just coming out of a recession and finally starting to recover.</div>]]></description>
         <enclosure url="" />
         <pubDate>2017-05-09 17:26:15 UTC</pubDate>
         <guid>https://padlet.com/deropc/phase26/wish/170833143</guid>
      </item>
      <item>
         <title>Japan</title>
         <author>ostrowskimegan</author>
         <link>https://padlet.com/deropc/phase26/wish/171221548</link>
         <description><![CDATA[<div>Japan is beginning to enter a recovery after a recession. It's current annual GDP is at 1.6%, and luckily is following a positive trend. It's personal savings rate is only at 3.8%, but a has a slight positive trend, which means a slow recovery. Its inflation has fallen to .2%, but is forcasted to have a slight postive trend which will help with the recovery process. It also has an interest rate of negative .1% and shows no sign of moving, which may slow recovery even more. Based on these indicators, I firmly believe that Japan is beginning to enter a recovery</div>]]></description>
         <enclosure url="" />
         <pubDate>2017-05-11 11:51:03 UTC</pubDate>
         <guid>https://padlet.com/deropc/phase26/wish/171221548</guid>
      </item>
      <item>
         <title>France</title>
         <author>cookjosie</author>
         <link>https://padlet.com/deropc/phase26/wish/171536995</link>
         <description><![CDATA[<div>France is currently in a recession. The GDP is currently 0.8%, and has been growing slowly over the last five years.  However, when looking at the ten year trend for GDP, the line is nearly flat.  Unemployment is at 10% and has continued to increase over the last five years.  Inflation in France is currently at 1.2%, and the trend has been decreasing over the last five years.  Personal spending is currently at -0.4% and has been decreasing over the last year.  Based on the extremely low GDP growth rate, high unemployment rates, the decrease in inflation, and the decrease in personal spending leads me to believe that France is still in a recession and has a lot of work to put in for the road to recovery.</div>]]></description>
         <enclosure url="" />
         <pubDate>2017-05-12 16:52:11 UTC</pubDate>
         <guid>https://padlet.com/deropc/phase26/wish/171536995</guid>
      </item>
      <item>
         <title>Australia</title>
         <author>longdustin</author>
         <link>https://padlet.com/deropc/phase26/wish/171538009</link>
         <description><![CDATA[<div>Australia is currently on the downward slope of the business cycle. This is shown in the downward slope of there GDP which is currently at 2.4% and is still going down. Unemployment has gone up to 5.88% and is still growing which is also a reason to be concerned about Australia economy. There Inflation rate is also going up. its currently at 2.1% but its growing which isn't good. The last thing that i notice about there economy is that there wage growth has gone down to 1.9% and still going down. Its Sad that a country like Australia is on a slippery slop that leads to recession. Hopefully they can turn things around.<br><br></div>]]></description>
         <enclosure url="" />
         <pubDate>2017-05-12 16:55:53 UTC</pubDate>
         <guid>https://padlet.com/deropc/phase26/wish/171538009</guid>
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