Step 3 to Financial Recovery: Generic Treatments

As we continue through the Process to Financial Recovery (as defined by the Government Finance Officers Association) we come to Step 3: Generic Treatments. At this point, after recognizing the problem(s) in the business and mobilizing a core team to carry out the strategy for recovery, cost-cutting techniques may need to be enforced without hesitation … More Step 3 to Financial Recovery: Generic Treatments

Knowing Your Flations – Part III: Staglation

In the prior two posts we defined and discussed those “flations” that are most commonly known to those in and out of the financial world. The third and least known ‘flation’, Stagflation, is the combination of high inflation and high unemployment accompanied with slow economic growth – an economic situation that is generally avoided. The … More Knowing Your Flations – Part III: Staglation