Austerity and the European Economy

Current Economic State in Europe The European economy has experienced extreme economic trouble due to the recent worldwide economic crisis and has yet to embark on a recovery.  The economy is expected to shrink in 2013 for the second consecutive year.  The European Central Bank announced the region’s banks planned to repay less than half …

How Does VC Affect the Global Economy?

As a venture capital firm, Effi Enterprises seeks out emerging businesses that are in need of the funding necessary to grow into a thriving, public company.  These early-stage companies have extreme potential for improvement, but assistance from a firm like Effi Enterprises is all they lack.  In exchange for equity in the company, venture capital …

The US Economy in March 2013

Effi Enterprises is a venture capital firm, which can provide funding along with managerial and business plan assistance to small companies in exchange for equity in the company. As a venture capital firm, Effi Enterprises searches for early stage businesses that need the necessary funding and business advice to succeed. Effi Enterprises can also assist …

History of the Fed

The Federal Reserve System is the central banking system of the United States.  Under a presidentially appointed Board of Governors located in Washington D.C., there is a network of 12 Federal Reserve Banks and 25 branches.  It was officially established under Woodrow Wilson and the Federal Reserve Act of 1913. Early Beginnings of the Fed …