Friday, February 28, 2020

Who you are what defines who you are Essay Example | Topics and Well Written Essays - 500 words

Who you are what defines who you are - Essay Example I was born and grown up in South Korea where I lived until I was 17 years old. I have come to the U.S to pursue my studies and higher goals in my life and to get more experience about the larger world. Currently, I’m planning to transfer to UCLA because my girlfriend is studying here. I’m a Christian in religion and an aspirant of economics in career (I did my Major in economics). Three essential factors that determine or define who I am today are money (I believe in the power of money in today’s world), my girlfriend (she has changed my life entirely), and my self-consciousness (I’ve always been self-conscious – so I bought an expensive car, fancy stuff, nice house, etc.). The most essential factor that defines who I am is money and I am very honest and frank in admitting that money is everything in my life. From my personal experience, I have realized that money is so powerful in contemporary world that it can resolve even the hard-hitting issues of daily life. Whenever I got into a trouble, money was powerful enough to solve it and get me relieved from the issue. Therefore, I believe in the power of money which can make real life for human beings. My education has been connected with my faith in the power of money and I have acquired my major in economics. All my education and career orientation have been directed towards the goal of achieving money in life. Economics can help me understand the various aspects of money and offer a means to earn the same. Secondly, I believe, it is the relationship with my girlfriend which has tremendously influenced my definition of what I am today. It is my girlfriend who has changed my life drastically and has influenced me in formulating my life. She has been the essential source of inspiration and courage in my life for the last several years. I am fortunate to enjoy her love and care all through the last several years and she has given me the real meaning of my life. Today, as I reflect on who I

Wednesday, February 12, 2020

Is the UK economy out of recession Essay Example | Topics and Well Written Essays - 2000 words - 1

Is the UK economy out of recession - Essay Example The financial crisis that emerged from sub prime-mortgage crisis in 2007 in the United States transformed into a global recession. The financial and economic activities of about all the countries have been severely affected by this sub prime-mortgage crisis. The industrialised economies have been hit hard in this crisis. The UK economy underwent the impact of this crisis in the second quarter of 2008. During this period, UK faced the largest contraction in economy on record. However, the latest statistics of UK are predicting that era of soaring borrowing and economic downturn is over. At the end of year 2008, British economy could not come out of recession, showing the lagging position of economy and everyone was afraid of the potential relapse in the following year. Although the recession emerged from sub-mortgage crisis in the United States, however, UK economy was at disadvantage because it was highly dependent on the financial sector. The poor performance of UK financial sector along with the increasing levels of consumers debt, were keeping the state at a lag behind the other industrialised states, thereby, preventing UK economy to recover from global recession. The official statistics that have been published in January 2010 reveal that British economy is out of recession. While we cannot answer this question exactly, unless there have been some visible trends in the economic conditions. Before analysing whether UK is out of recession or not, looking into what has happened to UK during the last few years (particularly before recession) will be very significant. During the last ten years, the investment and growth in UK has remained passive however, the economy has faced high levels of FDI. The financial sector has become stronger both domestically and internationally whereas; the manufacturing sector has gone down. Moreover, the growth of financial