The financial crisis that began 13 months ago has entered a new, far more serious phase. tags money credit trading financial crisisLingering hopes that the damage could be contained to a handful of financial institutions that made bad bets on mortgages have evaporated. New fault lines are emerging beyond the original problem in areas like credit-default swaps, the credit insurance contracts sold by American International Group Inc. and others firms. There's also a growing sense of wariness about the health of trading partners. picked by bingo 1 year ago |
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The International Monetary Fund said Tuesday that financial losses stemming from the U.S. mortgage crisis might approach $1 trillion, citing a "collective failure" to predict the breadth of the crisis. picked by deEPCHill 2 years ago 6 comments edit related share world |
Clowns from across the world met in Germany Friday to pitch laughter as a way to survive the economic crisis. picked by Bornbad 9 months ago 1 comments edit related share entertainment |
Benedict says that "now with the collapse of big banks we see that money disappears, is nothing and all these things that appear real are in fact of secondary importance." He urges those who build their lives "only on things that are visible, such as success, career, money" to keep that in mind. picked by 2manyusernames 1 year ago 5 comments edit related share world |
Cca 3,000 priests have gathered here to hold a two-year-long yagna (religious ritual) where they are sitting around 109 sacrificial fires and chant hymns to appease goddess Meldi to tackle the Global Financial Meltdown. picked by SkandarGraun 12 months ago 2 comments edit related share plime.com |
Putin took a few hours off from dealing with the financial crisis late last month to dance to hits like "Money, Money, Money" performed by the ABBA tribute band BjЪrn Again in a private concert for the prime minister and a group of friends, organizers of the show told The Moscow Times."Putin and his colleague friends were all dancing and getting involved with the choreography... read full post picked by Bornbad 10 months ago 1 comments edit related share world |
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Today's global financial cloud got you feeling gray? Vermonter Jim Merkel sees a silver lining. picked by karenben 1 year ago 0 comments edit related share plime.com |
- 20 million laid off - half of all toy factories have closed - government plans 4 trillion yuan ($USD 585 million) stimulus package. - risk of "mass incidents and social unrest" as jobless migrants return to the countryside. I have also heard that the factories are just closing their doors - no back pay, no severance packages. We are not talking wealthy people here but they all contri... read full post picked by aclister 10 months ago 4 comments edit related share world |
Food crisis - what food crisis!! picked by topofall 1 year ago 1 comments edit related share politics |
Financial services guy posts information in general laymen's terms on finances, with links and lots of resources. He's got ideas on everything from what to do if your wallet is stolen to getting out of debt. 1 comments edit related share plime.com(Some information is geared toward college students, but most are general financial information). picked by lynxears 4 months ago |
The countryside is in crisis. But for once it isn't the threat of disease to livestock, the purchasing power of the supermarkets or house building plans that is ruining rural England. It is the extinction of that species so integral to a thriving village life - the eligible young woman. picked by AutumnLotus 2 years ago 1 comments edit related share plime.com |
Here's an article related to a new book that came out last week called Crisis, Pursued By Disaster, Followed Closely By Catastrophe. It's a pretty interesting memoir. picked by zion 2 years ago 0 comments edit related share plime.com |
German billionaire Adolf Merckle threw himself in front of a train after his business empire, which included interests ranging from VW cars to pharmaceuticals to cement, ran into trouble in the global financial crisis picked by Bornbad 11 months ago 0 comments edit related share world |
The heart of London's financial district has gone wireless. The Square Mile, Europe's premier financial center, has been turned into an oversized WiFi "hot zone," turning broadband-speed Internet into radio signals that can accessed through browsers on laptops, handheld game consoles, WiFi-enabled mobile phones and personal digital assistants. picked by AutumnLotus 3 years ago 1 comments edit related share technology |
"Turning the economic crisis into one of those clever internet memes." Too funny not to post. picked by MissWinkle 1 year ago 3 comments edit related share plime.com |
Health insurance can be confusing and expensive. Policy and COBRA information picked by 2longdogs 7 months ago 0 comments edit related share plime.com |
A scan of Google Earth shows a large swath of Central Africa trimmed in orange. Zoom in and the words "Crisis in Darfur" appear, along with icons of flames marking 1,600 villages destroyed in fighting. picked by AutumnLotus 3 years ago 0 comments edit related share plime.com |
Britain is facing an abortion crisis because an unprecedented number of doctors are refusing to be involved in carrying out the procedure. picked by AutumnLotus 3 years ago 161 comments edit related share plime.com |
Oprah's mother received credit from a store and racked up $150,000 in charges. She refused to pay, they sued her to recover the monies owed to them. Oprah's mom contends that if they didn't give her credit, she wouldn't own them so she shouldn't have to pay back a dime. picked by bernardblack 1 year ago 11 comments edit related share plime.com |
“The Money Myth Exploded” was one of the first articles of Louis Even, and remains one of the most popular to explain how money is created as a debt by private banks. Also, mentions the basis of the philosophy of Social Credit. picked by TheAnt314 8 months ago 0 comments edit related share plime.com |
Just two generations ago, America was a nation of mostly thrifty people living within their means, even setting money aside for unforeseen expenses. 1 comments edit related share worldToday, Americans carry $2.56 trillion in consumer debt, up 22 percent since 2000 alone, according to the Federal Reserve Board. The average household’s credit card debt is $8,565, up almost 15 percent from 2000. picked by BWallaby 1 year ago |