Posts Tagged ‘Financial Crisis’
10 Ways to Screw Over the Corporate Jackals Who’ve Been Screwing You
Tired of getting pushed around by faceless big business? Here are 10 ways to push back!
The New Year is nearly here, and so much has happened. Wait, what’s that? Nothing major at all has happened, you say? Oh right, we’ve been stuck in neutral since dumping the toxic trash of the Republican Bush administration and [...]
The Unemployment Game Show: Are You *Really* Unemployed? – From Mint.com
Like it or not, here comes more stimulus
There’s a push to extend some expiring provisions from the American Recovery and Reinvestment Act. But it will be done in bits and pieces.
You won’t see it all in one neat package. And you won’t hear the White House call it stimulus.
But there’s a good chance lawmakers will decide to extend some of [...]
Failures of Small Banks Grow, Straining F.D.I.C.
A year after Washington rescued the banks considered too big to fail, the ones deemed too small to save are approaching a grim milestone: the 100th bank failure of 2009.
In what has become a ritual, the Federal Deposit Insurance Corporation has swooped down on a handful of troubled lenders almost every Friday, seizing 98 since [...]
Steep Losses Pose Crisis for Pensions
Two Bad Choices for Funds: Cut Benefits Or Take Greater Risks to Rebuild Assets
The financial crisis has blown a hole in the rosy forecasts of pension funds that cover teachers, police officers and other government employees, casting into doubt as never before whether these public systems will be able to keep their promises to future [...]
Election 2008: the day after
The day after Election 2008: So now what?
That’s what a lot of people are asking themselves this morning, now that the uncertainties of the election is out of the way, Obama is the Preseident Elect, and the Obama’s and Bush’s transition teams are working together to assure a smooth transition, and the Obama-Biden team are [...]
Why is the Stock Market and the US Economy in this state? Whose explanation can we trust?
We are receiving a good deal of inquiries asking us to cover the happenings in the Stock Markets and the economy at large. It’s not easy to address those questions, and in reality, nobody really knows. The “experts” are divided on what caused these events, and what measures should be taken to correct these events [...]
Bubbles and crashes: does history repeat itself?
Knowledge vs. Action. Bookworms claim that knowledge is power, bullies state that action is power.
The smart people that we know have both: they take appropriate action with plenty of relevant knowledge; when it comes to personal finance and money in general that is the rule that we subscribe to, anything else is gambling.
There are some [...]
Financial crisis: how to make sense of how we got here, and what’s ahead?
The global financial markets are highly complex systems, dictated by economic, political, and psychological forces. The crisis that we are experiencing right now has been brewing for quite a while, and it is embedded in the very fabric that holds the various systems together, and renders them dysfunctional.
Listening to the insiders and the politicians [...]
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