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Macedonian Banks are Safer than West Europe's Banks
By Sam VakninEditor in Chief of Global Politician Even under the best case scenario (in which banks take a 50% haircut on the credits they have extended to profligate Greece, but there is no default) French, Italian, German, and Austrian banks run a collective capital... It's the Same Banking Crisis, Stupid!
By Sam VakninAuthor of "Malignant Self-love: Narcissism Revisited" The crisis that started in 2008 is a banking crisis and it is still going strong. Banks all over the world over-leveraged their capital and extended loans unwisely to the undeserving. American financial ... Consumers Will Pay as Durbin Goes Into Effect
Despite the fact that the Durbin Amendment to the Dodd-Frank Financial Reform Act was intended to have the best interest of consumers in mind, it seems like the end result will be instead an increase in the amount of money shoppers will have to shell out when paying for...Paying On Time Becoming a Daily Trend
This summer had more than its share of economic ups and downs, but many of the major banks reported that most of their consumers continued to make their payments on time. Four of the six largest banks reported that default rates were continuing to fall. American ... Crisis of Growth, Crisis of Measuring Growth
The sovereign debt crisis of 2010-2 emanated from the realization that lower growth rates throughout the industrialized West were insufficient to guarantee the repayment of debts accumulated by governments. The proceeds of the credits and loans assumed by public sectors... US Dollar, Bonds to Benefit from Debt Downgrade
In August 2011, the rating of US debt was downgraded by Standard and Poor's. The other major rating agencies, Moody's and Fitch, left the USA's top-notch AAA rating untouched. This means that interest rates on future American borrowing are unlikely to rise: investors... The Solution - Split the USA in half
This is a teaser for an article I wrote on examiner.com. "For of you who are not aware, the United States of America is hurtling toward collapse. Standard and Poors recently reported that it was giving the USA a ... Evolution and balanced businesses
i'm typing this in AbiWord on a Mac. Think about that for a moment and why i do this. i personally don't want to support any business/government that is exploitative, monopolizing, materialistic, commercial (in the sense of ego-aggrandizing advertisement), or unbalanced. If... Foreclosure freeze/moratorium coming soon?
It is unacceptable today the number of signatures on benefits cheats and talks of buying and selling houses. Finally the banks have launched an investigation into the case. " It is simply inexcusable that proper oversight proceedings were not in place, especially when...
created by juliaredstone | 1 year ago | updated 1 year ago
101 views | 0 recommendations | 0 comments
101 views | 0 recommendations | 0 comments
Iranian Savings Funds to Tackle Loan Drought
For entrepreneurs around the world, acquiring finance to start or expand a small business has become harder and harder as the global financial crisis has bitten hard. Across the globe, people with good ideas or... The Credit Scenario
Gregory D. (gpdno) 30 hours, 15 minutes ago
Easy solution. Cancel your Credit Cards and use cash. Spend within your means... novel concept. Report | Quote | -0 +0
Annemarie D. (email2annemarie) 26 minutes ago
Sir? I was just going to say- I agree with you... The Debtor’s Assistance Society
The Debtor’s Assistance Society is a non-profit resource for those people who find themselves in need of financial advice and education. The objects of the society are as follows: To provide credit education and debt counselling for individuals and families in need,...
created by margaretjohnson | 1 year ago | updated 1 year ago
170 views | 0 recommendations | 0 comments
170 views | 0 recommendations | 0 comments
Personal Data Theft of 3.3 Million People With Student Loans
Student Loan Information of 3.3 Million Borrowers Stolen Educational Credit Management (ECMC) A company that acts as guarantor of Federal Student Loans announced that personally identifiable including, including names, addresses, dates of birth and Social Security numbers of... President Obama to Hold Banking Summit Monday
" Click to enlarge. President Barack Obama plans to hold a Banking Summit Monday, according to a Bloomberg report today. Among those participating in the event, said to be a forum for discussing the president’s proposals to boost small-business lending and overhaul... Payday Loan New Rules Nov 1, 2009 For BC, Canada
New rules for payday loan companies take effect in British Columbia on November 1, 2009. A payday loan is usually less than $1500 borrowed for up to 62 days,and it is unsecured debt. The borrower is usually asked to provide a postdated cheque or a preauthorized debit form... NowPublic on Facebook
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