How long has it been since you've seen real estate going for less than $50K? How does $19,900 sound. Believe it or not it was not a foreclosure and it wasn't the lowest priced unit on the local market. About 4...
opinion by lounsbury | 9 wks ago | updated 9 wks ago 150 views | 10 recommendations | 1 comment
Theoretically, yes. Hyperinflation is a scary thought. Technical definitions vary, but while it could be argued that mild inflation can be a sign of a growing economy, hyperinflation is certainly never a good...
The last quarter century the economic model created more mistakes than miracles. It encouraged people to spend, borrow, and speculate. And each time Mr. Market made a correction, the authorities came along with...
"The film The Boy in the Plastic Bubble opened America's eyes to the rare genetic disorder -- severe combined immunodeficiency (SCID) -- afflicting up to 100 babies every year in the US. David Vetter, whose story...
Like popping bubbles in bubble wrap? Don't we all? A Brooklyn man has designed a calendar that will drive fanatics bubble-popping mad." Stephen Turbek, 36, who works nine-to-five in the financial...
Food stamps are the symbol of poverty in the U.S. In the era of the credit crunch, a record 28 million Americans are now relying on them to survive - a sure sign the world's richest country faces economic crisis.
We knew things were bad on Wall Street, but on Main Street...
opinion by agora | 46 wks ago 254 views | 11 recommendations | 2 comments
The news about the news is pretty grim these days."The bankruptcy filing of the Tribune Company on Monday is just the latest, largest evidence that the American newspaper industry is suffering the hangover from an...
created by mtippett | 47 wks ago 49 views | 0 recommendations | 0 comments
Bryan Kavanagh is a real estate valuer and honorary director of the Land Values Research Group, and he is one of Australia's leading experts on classical economics.– –Economic deja vu as powers that be play...
created by Maireid Sullivan | 48 wks ago | updated 48 wks ago 114 views | 6 recommendations | 0 comments
""The Winter of 2008-2009 will prove to be the winter of global economic discontent that marks the rejection of the flawed ideology that unregulated global financial markets promote financial innovation, market efficiency, unhampered growth and endless prosperity while...
"Nortel could cut up to 5,000 jobs next week: analysts Last Updated: Wednesday, November 5, 2008 | 8:48 AM ET Comments55Recommend32 Reuters, special to CBC News Nortel Networks Corp could shed between 3,000 and 5,000 jobs when it details its...
created by yul3452 | 1 year ago 268 views | 0 recommendations | 0 comments
During the Clinton administration, the government required the financial industry to start expanding the frequency of mortgage loans to consumers who might not have qualified in the past.When George W. Bush was named president by the Supreme Court in December 2000, the stock...
opinion by SUICIDEkings | 1 year ago | updated 1 year ago 162 views | 6 recommendations | 1 comment
What does Kip Herriage who holds six degrees and licenses, a former Wall Street financial advisor and money manager for over 15 years and John the Pool Guy have in common?
It would be a b***ch if we solve the financial crisis and end up drowning in our own ignorance! " WASHINGTON - The economic free fall gripping the nation may bring down one of the main environmental objectives:...
created by BallyZACA | 1 year ago | updated 1 year ago 100 views | 2 recommendations | 3 comments
"Dow 36,000: The New Strategy for Profiting From the Coming Rise in the Stock Market is a book by James K. Glassman and Kevin A. Hassett. It was published in 1999, shortly before the dot-com bubble burst, and predicted that the Dow Jones Index would rise to 36000 within a...
created by mtippett | 1 year ago | updated 1 year ago 100 views | 9 recommendations | 2 comments
" It is not unusual for the body politic of the US, being unbridled in its practice of free market capitalism with all its inherent temptation to make a fast buck, to go periodically through such viral epidemics, the most deeply embedded in memory being the catastrophic...